New Investor Report: Investors expect steel sector to secure its future with action on climate change standard
Global investors set out how steel sector must decarbonise in line with goals of Paris Agreement. Expectations will support investor engagement with leading steel companies through Climate Action 100+ initiative. London: A global network of more than 250 institutional investors, representing assets worth over $30 trillion1, has set out expectations of the actions the steel sector needs to take to safeguard its future in the face of climate change. The report published today suggests that steel companies must significantly scale up investment in technologies that will enable them to decarbonise operations in line with the goals of the Paris Agreement. Produced by the Institutional Investors Group on Climate Change (IIGCC) with lead authors Aegon Asset Management and Kempen Capital Management, ...
Continue Reading