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Total becomes next oil major to feel shareholder climate pressure
29 May 2020French supermajor Total has become the latest oil firm to face rising pressure from shareholders at its annual general meeting (AGM) over it environmental ambitions.
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Investor climate pressure builds on US oil majors as BlackRock steps-up
28 May 2020US oil supermajors ExxonMobil and Chevron experienced significant investor pressure over their climate policies at their annual general meetings, with major investor BlackRock stepping up support for some proposals.
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DWS launches 'smart' ESG investment approach
27 May 2020Asset manager DWS has announced stricter environmental, social and governance (ESG) investment criteria, focused on identifying and engaging with firms with high climate transition risk and violators of international sustainability standards.
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Coalition of 42 global faith groups divest from fossil fuels
18 May 2020Over 40 religious institutions with more than £1.1 billion ($1.3 billion) in assets under management have agreed to divest from fossil fuel companies, in the largest ever joint announcement by faith organisations.
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A call for transparency in climate risk analysis
13 May 2020Collaboration and a move away from black box methodologies are needed if investors are to have the right tools to manage climate risks, argues Stephen Fitzpatrick
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LGIM to oppose election of ExxonMobil executive chair
13 May 2020Legal & General Investment Management (LGIM) has added to growing investor pressure on ExxonMobil to implement improved climate policies ahead of its AGM.
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Oil majors accused of using CA100+ as 'fig leaf' to disguise inaction
11 May 2020Oil supermajors have been accused of using joint statements with investor initiative Climate Action 100+ (CA100+) as a means to disguise limited action on emissions reductions.
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Time is ripe for US asset managers to engage oil majors
11 May 2020Domestic asset managers have been largely absent from climate engagement with US oil majors, but the Church Commissioners for England tells Ahren Lester that this could finally be changing.
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Bailout funding should have environmental strings attached
05 May 2020The trillions of dollars of public funding being made available to help companies recover from the impacts of the Covid-19 pandemic should be conditional on sustainability commitments, say Vivid Economics and the Finance for Biodiversity Initiative.
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Total makes net-zero pledge after investor pressure
05 May 2020French oil major Total has become the latest oil and gas major to announce its ambition to be net-zero emissions by 2050, after pressure from investor groups.