December 19, 2020
Pensions & Investments- Companies are committing to net-zero emissions and diversity
by Hazel Bradford
Nearly half of the companies engaging with investors through Climate Action 100 Plus have committed to reaching net-zero emissions no later than 2050 or sooner, the organization said in a progress report released Thursday.
The Climate Action 100 Plus initiative has 545 investor signatories with a collective $52 trillion in assets under management.
A separate report released Thursday by Farient Advisors, an independent compensation and corporate governance consulting firm, found that 2 out of 3 companies around the world tied executive compensation to stakeholders’ ESG interests in 2020.
The report 2021 and Beyond: Global Trends in Stakeholder Incentives, is a combination of data, interviews and analysis of how companies addressed stakeholder issues across five continents and multiple industries in this past year.