Investors urge Massachusetts to commit to a net-zero

The State of Massachusetts noted as a leader on climate change has been urged to adopt a net-zero carbon policy by investors and companies with a target date of 2050.

The investors lobbying for change, including names such as Novartis and Trillium Asset Management, sent a letter to the Massachusetts General Court in support of ratcheting up the Global Warming Solutions Act (GWSA) target to achieve net-zero emissions by 2050.

The move is significant because of the State’s position as a pioneer on climate change and indicates the level of interest from several sources to tighten legislation that is likely to replicate across the US.

Many of the companies signing the letter are already setting goals aimed at achieving carbon neutrality by 2050.

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