Global climate-conscious investors tat oversee $35-trillion have teamed up together under the Climate Action 100+ banner to put pressure on companies to recalibrate their businesses to the Paris climate agreement. Bloomberg reports that Climate Action 100+ has already pushed some companies, including oil majors Royal Dutch Shell and BP, to act more aggressively in cutting carbon emissions as the world seeks to reduce the risks of climate change. Despite these efforts, however, the group is warning that only 9% of the most polluting companies are aligned with 2 degree Celsius warming targets. Photograph: Bloomberg