Investors urge heavy carbon emitters to set science-based reduction targets

LONDON (Reuters) – Investors managing around $20 trillion in assets on Tuesday called on the heaviest corporate emitters of greenhouse gases to set science-based targets on the way to net zero carbon emissions by mid-century.

AXA Group and Nikko Asset Management Co are among 137 investors urging 1,800 companies responsible for a quarter of global emissions to act, coordinated by non-profit group CDP.

While more companies are pledging their support for the 2015 Paris agreement on climate change, aiming to be carbon neutral by 2050, not all have been clear about how they will get there.

To help limit global warming to no more than 1.5 degrees Celsius above pre-industrial norms by 2050, companies need to set out their pathway to net zero and ensure it is consistent with the science and independently verified, the investors said.

“Climate change presents material risks to investments, and companies that are failing to

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‘Inclusion of NAAS, TAAS, and Farmers’ Union recommendations in Pesticides Management Bill 2020 will render it science-based and pro-farmer’ – brand post

The Pesticides Management Bill 2020 (PMB) that was tabled in the Rajya Sabha during budget session is a great opportunity for the Government to include the experts’ recommendations of the National Academy of Agricultural Sciences (NAAS) and the Trust for Advancement of Agricultural Sciences (TAAS), which were prepared after comprehensive consultation with all stakeholders, including farming community.

The Pesticide Management Bill, 2020, is a long-overdue law in the making since 2008. It will replace the old Insecticides Act, 1968. Considering advances in the modern pest management sciences and the effects of synthetic pesticides in our food, nutrition, health, wealth, and environment security, the Pesticide Management Bill should bring India’s pesticide sector in line with the latest global norms, with a robust Regulatory System.

Prof R.B. Singh, Former President, National Academy of Agricultural Sciences (NAAS), said, “The PMB in the present form is not based on scientific facts and does not

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