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Asia-Pacific

Nippon Shareholders Demand Green Steel Plan

LGIM, Amundi and Nordea are asking the Japanese steel giant to set stricter targets and disclose its climate lobbying activities.

A group of investors has filed resolutions calling on Japanese steelmaker Nippon to overhaul its decarbonisation strategy, challenging the assumption that carbon capture, use and storage (CCUS) can clean up this notoriously dirty industry. British asset manager Legal & General Investment Management (LGIM) co-filed the resolutions with activist groups the…

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