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$10trn investor group to act on big oil and insurance
The Investor Network on Climate Risk (INCR), an investor coalition…is planning to write to oil majors – as well as insurers and re-insurers – in the wake of BP’s…oil spill in the Gulf of Mexico…Rob Berridge, senior manager of investor programs at…Ceres, said… “What’s the link between environmental health and safety issues and executive pay?” ...The news comes as the $132.6bn New York State Common Retirement Fund announced it has hired the law firm of Cohen Milstein Sellers & Toll to represent it in a class action against BP…