U.K.’s Largest Pension Fund Urges Total to Clamp Down on CO2
The U.K.’s biggest pension fund said it will back a climate resolution asking for France’s Total SA to adopt a tougher stance on climate change at its annual shareholder meeting next week. The resolution was brought by 11 European asset managers last month, in another example of investors pressuring Big Oil to tackle environmental challenges. Since then, Total has set out bold commitments to eliminate most of its emissions by 2050, joining others such as Royal Dutch Shell Plc...