APAC institutional pressure on utilities boosting transition plans
Pressure on companies does pay off, as Asia's largest utilities companies cooperate with investor demand for action on decarbonisation, a recently released report says.
Asia Pacific institutional investors are increasingly dealing directly with energy and utilities companies in the region to accelerate the work of decarbonising their operations.
According to the Asia Investor Group on Climate Change's (AIGCC) latest report on its Asian Utilities Engagement Program (AUEP), institutional investors are pushing for more focus on climate transition plans, including setting short-term science-based targets and immediate emission reductions.
The repor…
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