Investors overseeing £1.8trn in assets call for AGM votes on climate transition plans

Premier Miton and Charles Stanley

clock • 2 min read

Investors collectively holding £1.8trn in assets have penned letters to 35 chairs of FTSE 350 companies, calling on them to hold votes on their climate transition plans at next year’s annual general meetings.

CCLA Investment Management, Sarasin & Partners, Premier Miton, Nordea AM and Charles Stanley are among the 18 investors that have signed the letter. The letter focuses on companies that emit high amounts of greenhouse gases and are within sectors considered to face "heightened climate risks", the actions of which are "essential" to the accelerated measures required to meet the Paris goals, and where the risks investors face are "substantial". 'Misguided': Jupiter and Robeco join £1.5trn investor group urging Sunak to stop green delay Investors have for several years called on compa...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ESG

BP's plans to ditch oil production target shows fiduciary duty trumps ESG
ESG

BP's plans to ditch oil production target shows fiduciary duty trumps ESG

Share price woes

Linus Uhlig
clock 11 October 2024 • 3 min read
CCLA: Tech giants are overlooking employees' mental health needs
ESG

CCLA: Tech giants are overlooking employees' mental health needs

World Mental Health Day

Beth Brearley
clock 10 October 2024 • 1 min read
FE fundinfo's Matthias Breier: FCA's SDR deadline extension is a call for proactive compliance
ESG

FE fundinfo's Matthias Breier: FCA's SDR deadline extension is a call for proactive compliance

Not 'an opportunity to relax'

Matthias Breier
clock 09 October 2024 • 5 min read
Trustpilot