UK investors urge G7 to force firms to reveal their climate change exposure
by Kalyeena Makortoff Banking correspondent from Environment | The Guardian on (#5JFBM)
Investment Association also called on most developed economies to help firms meet Paris Agreement climate goals
An influential group of UK investors are urging G7 leaders to follow the UK's lead by forcing firms to come clean about their exposure to climate risks.
In a letter to ambassadors and high commissioners sent ahead of the G7 summit in Cornwall, the Investment Association (IA) also called on the world's largest developed economies to issue sector-by-sector guidance to help firms plan to meet Paris Agreement climate goals, which aim to limit global heating to 1.5 degrees celsius.
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