Investor alliance challenges firms on climate lobbying
The Independent / Church of England
An alliance of investors, led by the Church of England Pensions Board and the Swedish Pension Fund AP7, has written a joint letter to 55 high-carbon companies in Europe, including German carmaker VW, urging them to better align their lobbying stance with the aims of the Paris Agreement, reports The Independent. 鈥淢isleading and misaligned corporate lobbying practices undermine the ability of governments to act on climate change and meet the goals of the Paris Agreement,鈥� said Adam Matthews, director of ethics & engagement at the Church of England Pensions Board, in a press release.
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