Investors holding $29tr in assets demand 1,600 firms set science-based climate goals

clock • 4 min read
Less than a third of Science Based Target initiative signatories have had their goals approved
Image:

Less than a third of Science Based Target initiative signatories have had their goals approved

Major group of investors targets 1,600 'high impact' companies around the world with calls for them to align their business with climate science

Hundreds of leading investors and lenders from around the world collectively holding over $29.3tr trillion in assets have today called on high impact companies to set science-based climate targets ahead...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Access our Intelligence Reports and exclusive data-rich studies on business-critical aspects of the green economy (BG Advanced members only)
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Investment

The 'most severe' global risks over two and ten years

The 'most severe' global risks over two and ten years

Industry Voice: Schroders sets out what the World Economic Forum's Global Risks Report 2023, signals for investors

Vicki Owen, Schroders
clock 30 January 2023 • 5 min read
Universal ownership and the role of stewardship for net zero

Universal ownership and the role of stewardship for net zero

Industry Voice: Phoenix Group's James Wilde explains why divestment alone is a blunt instrument when it comes to fossil fuel assets

James Wilde, Phoenix Group
clock 26 January 2023 • 6 min read
'Don't bank on it': UK banks under fire for financing fossil fuel expansion

'Don't bank on it': UK banks under fire for financing fossil fuel expansion

Celebrity-led campaign from Make My Money Matter criticises high street banks' continued investment in fossil fuels

clock 25 January 2023 • 4 min read