FYI: While young people throng the streets demanding action on man-made climate change, an older, more sober group of activists is fighting a green campaign: big investors.
The men and women who control trillions of dollars' worth of assets are flexing their muscles. And as shareholders they are in a position to put pressure on companies to do the right thing.
Climate Action 100+ is a group of more than 360 investors with more than $34tn (£28tn) in assets under management.
They are worried not just about damage to the planet, but about the long-term viability of their investments. In short, irreversible harm to the environment would reduce or even wipe out the value of those investments.
Regards,
Ted
https://www.bbc.com/news/business-49330150
