Climate Changed

Amazon, ExxonMobil Called Out Over Climate Transparency

More than 80 investors representing $10 trillion in assets are prodding hundreds of companies to better report their carbon emissions.

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Amazon.com Inc., Exxon Mobil Corp. and Volvo are among more than 700 companies being targeted in a campaign backed by a large group of investors advocating for greater transparency when it comes to environmental impact.

HSBC Global Asset Management, Investec Asset Management and close to 85 other investors representing a combined $10 trillion in assets are asking companies to comply with the reporting process managed by the Carbon Disclosure Project, a British nonprofit research group that solicits and scores corporate environmental disclosures.