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Investors threaten countermeasures

German companies are increasingly finding themselves being admonished by investors for lacking initiative on matters of climate protection. Institutional investors and clients are ever more sensitive to companies who adopt a strategy of awareness of climate change and how to deal with it, keeping people abreast with their counter-initiatives. The Carbon Disclosure Project (CDP) group of international investors represent 534 institutional investors who administer a volume of some 64 billion dollars. “In the shareholders’ meetings of major corporations we even reach the point of refusing to discharge the board of management and the Supervisory Board if the company doesn’t relate to us” comments Ingo Speich of Union Investment during the presentation of climate protection rankings in 2014. On behalf of 76 institutional investors CDP has been surveying data and information provided by companies on their CO2 emissions, climate perils and plans for reduction since the year 2000.