Investors stepped up pressure on corporate climate lobbying on Monday, launching a new 14-point action plan for companies to stick to or risk having their actions put to a shareholder vote.
The Global Standard on Responsible Climate Lobbying urges companies to commit to responsible climate lobbying, disclose the support given to trade groups lobbying on their behalf and take action if it runs counter to the world's climate goal.
That goal, to cap global warming at 1.5 degrees Celsius above pre-industrial norms by mid-century, is moving increasingly out of reach, scientists say, with urgent action needed in the short-term to have any hope of reaching it.
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