"UK schemes join global battle against mining giants over climate change", 2 Feb 2016

Some of UK’s largest pension schemes…have called on Anglo American, Glencore and Rio Tinto to be more transparent over climate change risks. The investors…have backed shareholder resolutions against the companies, which will be held at their respective annual general meetings (AGM) later this year. In a filing…the investors from all around the globe expressed their concerns as part of the ‘Aiming for A' investor coalition. The group first announced…that it would be filing the resolutions at the mining companies, just days after a [climate] deal was agreed…in Paris…Schroders co-filed across the largest number of Anglo American shares. Its global head of stewardship Jessica Ground said: "…By co-filing and working with 'Aiming for A' we are supporting a more transparent and public discussion of these risks." On the public sector side, local government funds belonging to the LAPFF made up half of the largest co-filers by shares held at Anglo American…[Also refers to BT, Aegon, Aviva, AXA, and BNP Paribas.]