Major investor will target bosses at firms failing on climate

A major UK investment fund has said it will vote to try to get directors kicked out of firms that fail to make good on environmental pledges.

Aviva Investors also wants bosses’ pay to be linked to sustainability goals.

It is the latest big investment firm to ramp up the pressure on corporations in a bid to make them clean up their acts.

BlackRock, the world’s largest fund, has told the firms it invests in to step up on sustainability or face the consequences.

–BBC

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