The Climate Action 100+ coalition attempts to maintain its course in the face of headwinds

Difficult year for Climate Action 100 +. Between the numerous defections, the threats of lawsuits for potential infringement of American antitrust law, or the recent incriminating report published by a committee of the House of Representatives in the United States entitled “How a cartel on the climate of managers of money agreed to take over the board of directors of the largest American energy company”, the global coalition of climate investors wants at all costs to reassure its sustainability. “Since July 2023, Climate Action 100+ has welcomed 91 new signatures within the initiative,” says Valeria Piani, head of shareholder engagement in the sustainable investment team of the British Phoenix Group, member of the steering committee of the initiative. Climate Action 100+ (CA100+) currently boasts more than 600 members, present in 33 markets. Their number has increased by 19% since June 2023, the date of presentation of the new phase of its shareholder engagement strategy which must run until 2030.

Newcomers to CA100+ come from varied geographies. 52 of them are located in Europe and 10 in North America, 4 in South America, two are in Africa, 10 in Asia, and 12 in Australasia. “They represent a diverse set of investors that reflects the global nature of the initiative,” comments Valeria Piani. To mark the neck