Investors call for climate lobbying disclosure
Oct 26, 2020
On October 26, 2020, Ceres issued an article on how institutional investors have issued an urgent call to 47 of the largest U.S.-based corporate greenhouse gas emitters to disclose how their climate lobbying aligns with the most ambitious goals of the Paris Agreement and science-based climate policies.
In letters addressed to the Chief Executive Officers and Chairs of Boards of Directors, the investors specifically warned companies to ensure their climate lobbying is consistent with the Investor Expectations on Corporate Lobbying on Climate Change released last year. The investors urged companies to ensure all lobbying activities — both direct lobbying by the companies and indirect lobbying through their trade associations — are Paris-aligned and to take action when there is misalignment.
Review the press release on the Ceres' website.