Boston Common Asset Management Supports Climate Action 100+ launched on December 12th in Paris

Investors have a vital role to play in driving the low-carbon transition across the global economy. Boston Common Asset Management is delighted to be a founding signatory to the Climate Action 100+, a new five-year initiative led by investors to engage with the world’s largest corporate greenhouse gas emitters to curb emissions, strengthen climate-related financial disclosures, and improve governance on climate change.  The Climate Action 100+ initiative is very much aligned with the global investor initiative we have led for the past 3 years to engage 60 global banks to adopt the Task Force on Climate-related Financial Disclosures (TCFD) and to engage their own high carbon sector clients on TCFD.  We continue to engage companies such as Costco, Qualcomm and Gilead Sciences to establish science-based targets to reduce their own greenhouse gas emissions (GHG), and our cross-sector portfolio initiative on Eco-Efficiency to support an integrated approach to reducing energy, water, and waste.  We have committed to further this work by engaging some of our highest carbon footprint portfolio companies including Air Liquide, Origin Energy, Statoil and Veolia Environnement in 2018.

 

The information in this document should not be considered a recommendation to buy or sell any security.

 

Contact:

Lauren Compere, Director of Shareowner Engagement

Boston Common Asset Management, LLC

lcompere@bostonbommonasset.com

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