Investor group calls for shareholder votes on climate strategy
The Investor Forum says greater shareholder influence over climate strategy will increase pressure on boards to meet UK net zero targets.
Image: Arosoft/Shutterstock
Efforts are under way to increase boardroom accountability for climate strategy.
The Investor Forum, a group representing UK institutional investors, has called for a “say on climate”—a non-binding vote that would allow investors to air their opinion on a company’s approach.
In a move designed to put public pressure on boards over the issue of climate strategy, the Forum says a “non-binding shareholder vote would provide a powerful investor signal on the effectiveness of any mandated climate disclosures".
“Such an approach would enable the investment community to take a leadership position in helping ensure that UK compan
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