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Investors urge FTSE 100 companies to set out climate transition strategy plans
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The letter, supported by investors with a total of £1.6trn in assets under management, comes ahead of the next year's annual general meeting season and is addressed to companies that have not held a vote on their climate transition plans in the last three years. According to LAPFF and CCLA, companies should outline their climate strategies within these transition plans and include materials detailing climate-related impacts in their financial statements. This, in turn, should help shareholders reach informed investment and stewardship decisions, with the letter stating that certain vo...
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