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Unprecedented Investor Call For Climate Risk Transparency From Mining Giants

Unprecedented Investor Call For Climate Risk Transparency From Mining Giants
February 02
10:34 2016

Investors responsible for more than $8 trillion have called on mining giants Anglo American, Glencore and Rio Tinto to be more transparent over climate change risks and opportunities to their businesses. The move comes in the form of shareholder resolutions which have received unprecedented support, including from four of the world’s ten largest pension funds: Dutch funds ABP via APG and PFZW via PGGM, North American funds CalPERS and the Canada Pension Plan Investment Board.

For the first time in the UK, investors backing an AGM resolution make up 5% of a company’s voting shares – in this case Anglo American’s.

In another first, more than 100 co-filers who have Rio Tinto as part of their main investment portfolio have backed that resolution.

Read more at Blue&GreenTomorrow



About Author

Pablo Crespo

Pablo Crespo

Journalist and Corporate Communications Professional

TWITTER / @ENERGYANDMINES