Record numbers of institutional investors are throwing their weight behind tackling climate change, putting renewed pressure on the US government and regulators to push through legislation that forces companies to prove their green credentials.
Investor Network on Climate Risk, an organisation comprised of more than 65 institutional investors who collectively manage over $5 trillion (â¬3.3 trillion) in assets, found that about 80% of 26 shareholder resolutions demanding in-depth reports on environmental, social and governance issues, so far this year, were met with agreement by companies.
