When Investors Join Forces: the New Drivers of Political and Sustainable Change?

The financial sector has an increasingly key role to play in the transition towards a greener, more sustainable economy. Both large private and public investors - including asset managers and pension funds - as well as insurers - as underwriters and investors - increasingly vow to leave or divest from polluting industries. Are such promises followed up by action? How can investors as shareholders drive change in corporate behaviour and what are the limits to their power?