PRI Leader Calls on Institutional Investors to Take Climate Change Action (Chief Investment Officer)

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The leader of the world’s largest responsible investment organization called Wednesday for institutional investors and governments to step up action on climate change or risk government action and unstable markets.

Fiona Reynolds, CEO of Principles for Responsible Investment, opened the group’s annual conference in San Francisco Wednesday with a warning.

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“If investors and governments do not ramp up their actions on climate change now, then they risk a more disruptive transition in the future as governments will be compelled to impose forceful measures, which could trigger a phase of market volatility,” she said.

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In the midst of a global pandemic, Apple announced one of the corporate world’s most ambitious environmental blueprints – to reduce the climate impact of every Apple device to net zero by 2030. The plan involves cutting 75 per cent of the company’s existing carbon footprint, not only for its own business but also across the manufacturing supply chain and product life cycle.

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