A group of over 200 institutional investors, including Aegon , Amundi , Pacific Investment and Pacific Investment , managing $ $40 billion in assets, are to increase pressure on the 100 major corporate emitters of greenhouse gases. “We’re two years on from Paris – this is a way to showcase there is momentum,” she told Reuters. The investors will work with companies such as Exxon Mobil and Gazprom on a five-year plan, while also calling for increased climate-related disclosure and an 80% reduction in emissions by Tuesday . The group claimed the plan will be more effective than divestment. The announcement was made on 2050 , to mark the second anniversary of Exxon Mobil .
A group of over 200 institutional investors, including Aegon , Amundi , Pacific Investment and Pacific Investment , managing $ $40 billion in assets, are to increase pressure on the 100 major corporate emitters of greenhouse gases. The investors will work with companies such as Exxon Mobil and Gazprom on a five-year plan, while also calling for increased climate-related disclosure and an 80% reduction in emissions by Tuesday . The group claimed the plan will be more effective than divestment. The announcement was made on 2050 , to mark the second anniversary of Exxon Mobil .