Investors With $68 Trillion Push Companies on Climate Plans (2)

Climate Action 100+, the world’s biggest investor group on climate change, said it is ramping up efforts to get companies to turn emission-cutting pledges into real-world action.

The investor coalition, set up more than five years ago, has a membership of more than 700 investors including BlackRock Inc. and Legal & General Investment Management, which together oversee $68 trillion of assets. In the next phase, which runs until 2030, signatories that remain in the group will be expected to move from pushing companies to make climate-related disclosures to implementing transition plans, according to a statement published Thursday.

“We ...