Archive

$20trn of investors urge firms to set science-based targets

No oil & gas company aligned with 2°C pathway, says TPI

None of the 50 largest oil and gas companies have aligned their emission intensity with a pathway that would keep global warming to 2°C, as called for in the Paris Agreement on climate change, according to the Transition Pathway Initiative (TPI).

AP7 awards green mandates to KBI and Impax

Swedish national pension fund AP7 has awarded two "green mandates" to KBI Global Investors and Impax Asset Management.

Danish pension fund excludes 35 oil companies on climate grounds

PKA has excluded 35 oil and gas companies from its investment portfolio based on concerns about their approach to climate change.

Potential emissions from major companies fall, as investor pressure rises

Potential emissions from the reserves of the largest publicly-traded fossil fuel companies have fallen by 15% in the last year, amid mounting pressure from investors, according to a report from Fossil Free Indexes (FFI).

Investors should move on stranded asset risk 'sooner rather than later', warns bank

Investors with a focus on sustainability should begin to take action to mitigate the threat of 'stranded fossil fuel assets' sooner rather than later, a bank research note has advised.

NGOs claim victory as Arctic drilling platform plans scrapped

Plans to build two Arctic oil drilling platforms have been scrapped after environmentalists warned the project's financiers that the activities would jeopardise the future of one of the most endangered whale species.