US stewardship battleground ‘incredibly frustrating’, says PRI

UN-backed Principles for Responsible Investment’s collective action climate campaign has been targeted by US lawmakers.

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A politically-motivated effort to paint climate-related business risks as “woke” has been “incredibly frustrating and deeply problematic”, according to a leading global advocate for investor-led stewardship. Paul Chandler is director of stewardship at the Principles for Responsible.