The UUA joined 200 institutional investors with a combined $6.5 trillion in assets under management in calling on 47 of the largest corporations in the US to align their climate lobbying with the goals of the Paris Agreement. The announcement from Ceres can be found here. The investors are all members of the Climate Action 100+, which is an investor initiative to ensure the world’s largest corporate greenhouse gas emitters take necessary action on climate change. The companies include 100 ‘systemically important emitters,’ accounting for two-thirds of annual global industrial emissions. To provide guidance to the companies, the letters were accompanied by “Investor Expectations on Corporate Lobbying on Climate Change,” a document that outlines specific steps that investors believe companies must take to advance climate solutions. The UUA, which is an active member of the Climate Action 100+, has filed resolutions and engaged many companies around their lobbying activities and disclosure over the past five years.
