Disclose climate risks or face divestment, investors warn Europe’s largest companies

, Disclose climate risks or face divestment, investors warn Europe’s largest companies, TheCircularEconomy.com

A coalition of investors representing more than $9trn of assets has asked some of Europe’s largest and highest-emitting companies, like Shell and Maersk, to prove they are aligning with the Paris Agreement and to improve climate risk disclosure.  In an open letter to 36 companies, the Institutional Investors Group on Climate Change (IIGCC) is calling for better climate risk disclosure and more robust proof that companies are acting in line with climate science.

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