World's largest investors urge companies to set science-based climate targets

137 financial organisations in group

Companies such as Tesla have pushed for better climate action

Companies such as Tesla have pushed for better climate action

Some of the world's largest investors are urging companies to commit to climate action with science-based emissions targets aligned with limiting global temperature rise 1.5°C and a net-zero future.

Over 1,800 of the global companies with the highest emissions, such as Tesla, and Rio Tinto, have been contacted as part of a new campaign organised by the CDP, a non-profit which specialises in environmental reporting. There are 137 financial organisations in the group co-ordinated by the CDP, including AXA Group, Legal & General Investment Management and Nikko Asset Management. Impact investing set to double over the next five years They are calling on high emitting companies to set science-based emissions reductions targets in line with the Paris Agreement's 1.5°C trajectory and...

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