Amundi, HSBC Asset File Joint Climate Resolution At J-Power Again

Amundi, HSBC Asset File Joint Climate Resolution At J-Power Again

TOKYO (Reuters) – 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)