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Funds News

U.N. envoy Carney backs annual investor votes on company climate plans

LONDON, Nov 9 (Reuters) - Annual investor votes on company plans to reduce greenhouse gas emissions would create “critical link” between sustainability and accountability, U.N. climate envoy Mark Carney said on Monday. Carney, a former governor of the Bank of England, said investors could have an automatic advisory vote on a company’s climate transition plans, just as they might also have a say on pay.

“This would establish a critical link between responsibility, accountability and sustainability,” Carney told the start of a Green Horizon Summit conference on climate finance in London. (Reporting by Matthew Green; editing by Simon Jessop)

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