Investors overseeing $23.6 trillion of funds have kick-started a campaign to pressure 100 companies to ramp up the fight against biodiversity loss.
Axa Investment Managers, Robeco, the Church Commissioners for England, Storebrand Asset Management and 186 other participants in the Nature Action 100 initiative have written to companies demanding “urgent and necessary actions” to protect and restore ecosystems, according to a statement released Tuesday.
The campaign seeks to “drive fresh global momentum around biodiversity,” Liudmila Strakodonskaya, ESG analyst at AXA Investment Managers, said in a statement.
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