How can consumers join forces with money managers to force a corporate clean-up?

Big investors regularly cite climate change in meetings with companies in which they invest. They have the capacity to assess whether their green claims stack up. For consumers it’s much harder, James Moore says

Burning issue: consumers need to make their money work for the environment (ANSA/AP)

Last week was a big one for planet Earth, at least if you believe the corporate hype.

BP said it planned to become a net zero carbon company by 2050 and then up popped AXA Investment Managers with its stewardship report, and the suggestion that it would hold the feet of companies in which it invests to the fire. Sort of.

“The next decade will be defined by our ability as an investment and corporate community to turn thoughts, ambitions and desires into tangible action to solve global issues,” was what Matt Christensen, global head of impact strategy and responsible investment (now there’s a title), actually said.