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

137 financial organisations in group

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Companies such as Tesla have pushed for better climate action
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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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