Amazon, Facebook and Tesla must inform their shareholders on how their work affects the climate of the planet, the coalition of influential investors said. Put on the company and seek to reduce carbon emissions to make them forces fear of possible catastrophic consequences for ecology, writes Financial Times.
We are talking about the initiative of 168 organizations, which together manage assets in the amount of more than 17 trillion dollars. They supported the Campaign of the Carbon Emission Information Project (Carbon Disclosure Project, CDP), aimed at obtaining full reporting on issues related to climate change, cutting down forests and use of water resources.
Investors turned to 1320 enterprises, which, according to CDP, are now emitting more than 4,700 megaton carbon dioxide into the atmosphere. In addition to American companies, the requirements relate to Chinese giants, such as Alibaba and Meituan, which owns the largest online food order service in the country.
“Campaign against non-disclosure of information this year achieved record support – it participates 56 percent more investors. They require systematic, clear and suitable data to compare data that will help them realize their ambitions to fully reduce emissions,” explained the global Director of CDP in the capital markets Emily Svaste.
At the end of May, the British Investment Association (Investment Association, IA) also called on to report on climatic risks (Investment Association, IA). She turned to the leaders of the countries of Big Seven and proposed to follow the example of Britain, which will oblige large organizations and financial institutions to provide relevant information by 2025. At the end of 2020, a similar initiative was also in the European Union.