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World’s Leading Investors Group Set its Ambitious Carbon Emission Target

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On Tuesday, October 13, 2020, a group of the globally leading investors said that it has set its bold target of carbon emission reduction in compliance with the global agreement of the 2015 Paris Agreement on Climate Change.

The group, which has 30 powerful investors managing a combined $5 trillion (3.8 trillion pounds), said that it had the plan to implement a reduction of their portfolio carbon emissions by as much as 29% over the next five years.The latest move of the investors, nevertheless, was the most ambitious target for the global carbon emission, as analysts described, yet the group could yield pressure to policymakers and exert its influence on the head of the world’s top companies to push for a desirable change in climate change.

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