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Amundi, HSBC Asset file joint climate resolution at J-Power again

1970-01-01 00:00
TOKYO Two major European asset managers have jointly filed a shareholder resolution at Japanese electricity generator Electric Power
Amundi, HSBC Asset file joint climate resolution at J-Power again

TOKYO Two major European asset managers have jointly filed a shareholder resolution at Japanese electricity generator Electric Power Development Co Ltd, known as J-Power, for the second consecutive year in a row.

Amundi and HSBC Asset Management filed the resolution with the Australasian Centre for Corporate Responsibility (ACCR), the non-profit climate group said in a statement on Tuesday.

The resolution is supported by Man Group, the world's largest publicly traded hedge fund, ACCR said.

(Reporting by Makiko Yamazaki; Editing by Tom Hogue)