. There are now 31 investors, with combined assets under management of more than $5 trillion, which have pre-declared their support.
The need for quicker action to rein in emissions has been rammed home by U.N. climate scientists who said the window for action to forestall the worst effects of global warming was rapidly closing."Given the systemic risk posed by climate change, it's essential that businesses such as Credit Suisse take swift action to ensure they are part of the solution," said Jane Firth, head of responsible investment at Border to Coast.
The resolution, coordinated by responsible investment NGO ShareAction and the Ethos Foundation, with the support of the Swiss Association for Responsible Investments, will be the first such shareholder resolution to be put to a Swiss company.
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