Investors push FTSE 100 firms to vote on climate transition plans at 2025 AGMs
“Specific transition plan votes enable shareholders to signal support for these decarbonisation strategies and any associated capital expenditure requirements."
A group of more than 40 pension funds and asset managers have written a letter to FTSE 100 firms urging them to add a resolution to adopt a climate transition plan to their 2025 annual general meetings (AGMs).
The investors manage over £1.6 trillion of assets and include the Local Authority Pension Fund Forum, CCLA Investment Management, Achmea, Clear Skies Investment Management, Ecofi Investissements, Groupama Asset Management and Nordea Asset Management, among others.
