International

Mercy joins investors calling for climate lobbying disclosures

October 27, 2020
pollution from smokestack

 

Mercy Investment Services recently joined Ceres in calling on 47 of the United States’ largest corporate greenhouse gas emitters to disclose how their climate lobbying aligns with the Paris Agreement. The letter is a follow up to investors’ outreach in September 2019 asking the same companies to use Ceres’ Investor Expectations on Corporate Lobbying on Climate Change to identify any lobbying activities that are inconsistent with the Paris Agreement and disclose what they are doing to address those inconsistencies. 

Mercy Investment Services is one of eight lead investors sponsoring the letter. During the current shareholder advocacy season, Mercy Investment Services continues to ask that companies disclose how their financial contributions may support organizations whose activities contradict the company’s policies and actions and more actively support positive government action on climate change.