The global investor initiative works to drive change in practices and processes.
The Board of Pensions of the Presbyterian Church (U.S.A.) proudly announces that it is now an investor signatory of Climate Action 100+. The Board joins the church committee on Mission Responsibility Through Investment (MRTI) as one of more than 320 investor signatories from dozens of countries that manage assets totaling more than $33 trillion.
“The Board looks for positive ways to engage as we live out our commitment to environmental stewardship,” said the Reverend Frank Clark Spencer, President of the Board. “Shareholder activism is one way to do that, and Climate Action 100+ has the investor influence needed to propel the clean energy movement.”
Climate Action 100+ is an investor initiative, launched in December 2017, to drive the largest corporate emitters of greenhouse gases to change their practices and processes. These include 100 companies that account for two-thirds of annual global industrial emissions and more than 60 that are well positioned to support the transition to clean energy.
Climate Action 100+ requires investors to sign on to the Climate Action 100+ Sign-on Statement, signaling their support for the Paris agreement.