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Datawatch

Companies slashing carbon emissions see 15% rise in market cap

Climate change motivates investors to emphasize decarbonization

Investors are becoming increasingly wary of climate change. (Source photo by Reuters)

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.

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