Investors put pressure on firms to cut carbon

A group of ethical investors is putting pressure on some of the UK’s largest utilities and mining companies to improve their carbon performance

A group of ethical investors is putting pressure on some of the UK’s largest utilities and mining companies to improve their carbon performance.

The initiative is being led by the £4bn CCLA, the UK’s largest responsible investment manager. The £100bn Local Authority Pension Fund Forum and the largest members of the £12bn Church Investors Group are also involved.

The group is targeting UK firms that have performed poorly in the Carbon Disclosure Project’s latest carbon performance leadership index (CPLI).

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