Action group Market Forces urges shareholders to divest holdings in 22 ‘uninvestables’

New analysis shows 22 of Australia’s largest companies are actively working to undermine the Paris agreement targets, betting shareholders’ money on strategies that assume global climate change action fails.

Investor action group Market Forces says those companies – worth a combined $121bn and representing 7% of the ASX300 – are “out of line and out of time” and has called on shareholders to divest their holdings.

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