In September last year Bank of England governor Mark Carney caused a stir with a speech in which he warned of serious risk to investors from climate change. Since then, climate has been front of mind for investors and high-carbon companies alike. Carney, who also chairs the Financial Stability Board for the G20, was met with complaints from the fossil fuel industry that they could be become “stranded assets”, abandoned by investors seeking to avoid investments particularly vulnerable to climate change issues. Investors have indeed shown they are listening. A report indicates that they are taking “tangible action to mitigate climate c