Feb 16 (Reuters) - Bond manager PIMCO said on Friday it has withdrawn from the Climate Action 100+ investor coalition, following the withdrawal of other fund firms.

In a statement sent by a representative, PIMCO said "we have concluded that our Climate Action 100+ participation is no longer aligned with PIMCO’s approach to sustainability. PIMCO operates its own portfolio-relevant engagement activities with issuers on sustainability.”

https://www.reuters.com/markets/us/bond-manager-pimco-withdraws-climate-action-100-investor-coalition-2024-02-16/