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237 companies to put pressure on major greenhouse gas emitters

World Bank will also stop financing oil and gas exploration and extraction from 2019

Published Tue, Dec 12, 2017 · 09:50 PM

Paris

A GROUP of more than 200 global investors, including banking giant HSBC and French insurer AXA, are following through on a promise to fight climate change by pressuring the biggest gas emitters on the issue.

Yesterday, a coalition of 237 companies announced the launch of Climate Action 100+, a five-year initiative aimed at engaging 100 of the world's largest corporate greenhouse gas emitters to step up action on climate change.

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