TOKYO -- Climate change is having an effect on companies' market capitalization as investors increasingly focus on decarbonization. On Tuesday, 137 global investors that hold $20 trillion in assets called on over 1,800 companies to set science-based targets for cutting emissions. Those companies are the source of 25% of the world's carbon emissions, according to CDP, a non-profit group that coordinated the move.
Companies slashing carbon emissions see 15% rise in market cap
Climate change motivates investors to emphasize decarbonization