Climate activism

Institutional Climate Activism

There have been coalitions of institutional investors that have promulgated climate activism. These initiatives have sometimes included expansive group efforts, such as Climate Action 100+ - a coalition over 300 institutional investors (including some of the largest greenhouse emitters). Institutional activism is not uncommon, despite the common assumption that shareholder interests would be averse to such action. However, industry-wide efforts to mitigate climate risks is often in the interest of heavily diversified firms, as climate change can have a strong effect on the global economy.