Investors urge company action on climate change

A group of 92 pension funds, asset managers, insurers and banks has sent a letter to the CEOs of 415 of the world’s largest public companies calling for cost-effective management and reductions of their carbon emissions.  The initiative has been coordinated by the Carbon Disclosure Project.

Canadian signatories include Bâtirente, TD Asset Management, The Pension Plan For Employees of the Public Service Alliance of Canada, and The Sisters of St. Ann. A number of US, European, Australian and other country investors are also included but there are no investors from China on the list. CDP has not provided an easily accessible list of the recipients of the letter but it likely includes a number of prominent North American corporations.

Details are at https://www.cdproject.net/en-US/News/CDP%20News%20Article%20Pages/call-for-energy-cost-cutting-February-2012.aspx

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