World's largest investors urge companies to set science-based climate targets

Over 1,800 of the global companies with the highest emissions, such as Tesla, and Rio Tinto, have been contacted as part of a new campaign organised by the CDP, a non-profit which specialises in environmental reporting. There are 137 financial organisations in the group co-ordinated by the CDP, including AXA Group, Legal & General Investment Management and Nikko Asset Management. They are calling on high emitting companies to set science-based emissions reductions targets in line with the Paris Agreement's 1.5°C trajectory and achieve net zero emissions by 2050 at the latest. The c...