Investors with $30 trln to push companies on human rights, social issues.
More than 220 investors managing $30 trillion have signed up to a plan to push companies over social issues and human rights, with an initial focus on firms in the mining, metals and renewables sectors.
Dubbed ‘Advance’, the coalition is the largest such stewardship initiative, said the organiser, the U.N.-backed Principles for Responsible Investment (PRI), in a statement on Thursday.
Each member of the group has signed a public statement “acknowledging the urgency and systemic nature of human rights issues” and the need to meet their own responsibilities under international standards, it added.
