"Investors call on companies, world governments to do more on climate change", 19 Sep 2019

Global institutional investors concerned about climate change are calling on U.S. companies to align their lobbying efforts with the Paris Agreement and for world governments to do more...CalPERS is one of 515 global institutional investors with more than $35 trillion in assets under management urging world governments to step up efforts to tackle climate change. The Global Investor Statement to Governments on Climate Change said that while investors are taking action on climate change, there is an "ambition gap" with current government commitments to the Paris Agreement. That agreement aims to prevent average global temperatures from rising beyond the 1.5 degree threshold predicted to trigger catastrophic effects of climate change.The investors, including hundreds of pension funds around the world, also asked government leaders to also accelerate private investment into low-carbon transition efforts....Also this week, 200 investors with $6.5 trillion in assets under management wrote 46 of the largest publicly traded U.S. corporations to make sure their lobbying activities are consistent with addressing risks associated with climate change...