One of the world's leading investor groups pushing for more corporate action on climate change said it has added Mexican state-owned oil company ...
One of the world's leading investor groups pushing for more corporate action on climate change said it has added Mexican state-owned oil company Petroleos Mexicanos to its list of targets.
Climate Action 100+, whose 450 members manage more than US$40 trillion in assets and focus on engaging with companies which produce high levels of greenhouse gas emissions, said it would now look to step up talks with Pemex."Pemex has been added to the list of firms engaged through Climate Action 100+ as part of a standard periodic review process," a spokesman for Climate Action 100+ told Reuters.
Concerted pressure by the group has also helped bring about change at a number of other companies, among them Nestle, Maersk and HeidelbergCement, which have committed to net zero carbon emissions by 2050.
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