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Investors call on banking giants to step up on climate and biodiversity commitments
More than 100 investors, including the likes of Aviva and M&G Investments, representing $4.2trn in assets under management have written to some of the world s biggest banks, calling on them to strengthen climate and biodiversity targets this year.
The letters request a response by 15 August
Convened through the ShareAction coalition, 115 investors have written to 63 leading banks, including JPMorgan Chase, Deutsche Bank and Standard Chartered, calling on them to beef up environmental commitments ahead of key summits this year.
ShareAction is calling upon the 63 banks to strengthen biodiversity targets ahead of the Convention on Biological Diversity’s (CBD) COP15 summit in Kunming this October and the UN’s COP26 climate talks in Glasgow the following month.