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Big investors get tougher with companies over climate change
FT News Briefing
Why Is Shi Jin Ping Not Going to Hand Over to a Successor?
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Top managers at the british asset manager a viva, held a virtual meeting to talk about a big threat to the value of their investments. It was climate change. And they did something really unusual They told about 30 big carbon intensive companies. If these carbon ind tens of companies didn't pull up their socks effectively, then they would start selling out of those businesses. Thas the f t's investment correspondent attract a moony this meeting,. she reported on was really unusual for the asset management industry, but it's part of a growing trend. Tom mitchell is the f t baging bureau chief.
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