AP7, Akademiker Pension rejoice as engagement with Toyota bears fruit

"We have appreciated the constructive dialogue between Toyota and the investor group, and the openness shown by the company to collaborate," says AP7's Sustainability Strategist Charlotta Sydstrand Dawidowski after Japan's Toyota Motor Corp signaled a shift in its climate change stance. Denmark's Akademikerpension hopes the move is not simply a PR exercise.

AP7's Sustainability Strategist Charlotta Sydstrand Dawidowski. | Photo: PR: AP7.

Japan's Toyota Motor Corp signaled a shift in its climate change stance on Monday, saying it would review its lobbying and be more transparent on what steps it is taking as it faces increased activist and investor pressure, reports Reuters.

Toyota "will review public policy engagement activities through our company and industry associations to confirm they are consistent with the long-term goals of the Paris Agreement," it said in a statement, adding that actions will be announced by the end of this year.

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