Investor Groups Demand Fossil-Fuel Companies Disclose ‘Unburnable Carbon’ Risk

摘要

Big investor groups include Ceres, the Connecticut State Treasurer’s Office, the New York State Comptroller’s Office, Arjuna Capital, As You Sow, First Affirmative Financial Network, and the Unitarian Universalist Association on February 12 announced that they’ve filed shareholder resolutions demanding that major fossil-fuel companies disclose the financial risk of potentially “unburnable carbon.” Ceres, which directs the Investor Network on Climate Risk (INCR) – a network of more than 100 institutional investors with collective assets totaling more than US$11 trillion – said that future government actions to stem “global warming” could savage the valuations of fossil-fuel-company stocks.