CN (NYSE: CNI) and Canadian Pacific (NYSE: CP) shareholder TCI Fund Management Ltd, has asked both railways to lay out climate action plans at their annual general meetings in 2021.
TCI has a 2.93% stake in CN and is CP’s largest shareholder with an 8.31% stake.
TCI has an extensive environmental, social and governance (ESG) investment policy regarding climate change. In the proposal sent last week, Christopher Hohn, TCI founder and portfolio manager, asked that the railways establish climate...
https://s29755.pcdn.co/news/tci-fund-management-seeks-climate-action-from-cp-and-cn