A record number of global investors have joined together to encourage companies to publish their climate data.

The Non-Disclosure Campaign, organised by CDP, has a total of 288 investors participating this year.

This is the highest number of investors the campaign has attracted and four times as many as the number of participants in 2017, when the campaign first started.

Last year, there were 260 investors taking part in the initiative.

Organisations from across the pensions landscape are taking part this year, including AkademikerPension, Keva, Nordea, Sampension and Velliv.

The campaign encourages investors to collectively engage in dialogue with companies with a view to getting them to post climate-related data, such as CO2 emissions.

This year the number of companies included in the campaign also hit a record high, with 1,607 firms representing a combined value of USD 21trn.

"There is a need for more and faster action if we are to end climate change. And here, as an investor, we must of course shoulder our part of the responsibility, i.e. by contributing to companies taking steps in a greener direction," said Sampension head of ESG, Jacob Ehlerth Jørgensen.

"But it initially requires that we have proper data to deal with, and here investor collaborations such as this initiative proved to be effective in terms of gaining better access to the companies' climate data.

"It is important that we as investors are clear about our expectations of the companies and continue to put pressure on the companies that are either not transparent or do not have a satisfactory climate strategy.

"And here it can make a significant difference when investors join together and exert their influence collectively, which is thus also an important way forward when it comes to ensuring the necessary acceleration of the green transition."

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