Investor group sets tough climate blueprint for Big Oil
By Ron Bousso and Simon Jessop: Sept 15, 2021
Summary
- Investor group launches unprecedented initiative
- Group manages assets worth more then $10 trillion
- BP, Shell and Eni among companies piloting the scheme
LONDON, Sept 15 (Reuters) – Investors managing more than $10 trillion on Wednesday published an ambitious blueprint for energy companies seeking to tackle climate change, including sharp cuts to greenhouse gas emissions and a winding down of oil and gas production.