Investors Worth $10 Trillion Say Carbon May Hinder Profit

Investors with about $10 trillion under management, including Banco Santander SA, Henderson Group Plc and Axa SA, urged companies to cut carbon-dioxide emissions to protect themselves against future climate policies.

The Carbon Disclosure Project wrote to 415 of the world’s biggest carbon-dioxide polluters on behalf of 92 banks, asset managers, pension and insurance funds, according to an e-mailed statement from the not-for-profit project in London.