Punish directors who don’t make climate disclosures, says hedge fund

19. Dezember 2019 Ausgabe 13, Newsletter

TCI, which manages assets worth $28bn (£22bn), has written to companies including Airbus, Moody’s and Google parent Alphabet warning them to improve their pollution disclosures or it would vote against their directors.
“Investing in a company that doesn’t disclose its pollution is like investing in a company that doesn’t disclose its balance sheet. If governments won’t force disclosure, then investors can force it themselves.”
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