Archive

Cisco, Microsoft face tax transparency resolutions

Amazon faces first US tax transparency shareholder filing

Online retailing giant Amazon is facing calls to disclose its global tax practices, after three institutional investors and a leading proxy advisor backed the first US tax transparency shareholder resolution.

Phenix sees growth in affordable housing impact funds

Phenix Capital has observed a significant increase in the number of impact funds being raised to invest in affordable housing in recent months - and predicted that the trend is set to gather pace post-pandemic.

£40bn pension pool joins Just Transition collaborative engagement

Engagement on the social impacts of the transition to a low-carbon economy has been identified as a "rapidly-moving" area of focus by the £40 billion ($52 billion) Northern pool of UK pension schemes.

UK public pension funds have £16bn invested in fossil fuels

Local authorities in the UK still have more than £16 billion ($21 billion) invested in fossil fuels, despite a number of high profile divestments in recent years, according to data released by a UK-based pressure group.

Pension funds commit £60m to UK biomass

Two UK pension funds have committed £60 million ($93 million) to biomass projects in the country.

City pension fund invests in GIB-backed renewables company

Greater Manchester Pension Fund has committed £10 million ($15 million) to a community renewable energy firm supported by the UK's Green Investment Bank (GIB).

BP follows Shell in supporting investor climate resolution

Oil giant BP has joined Royal Dutch Shell in backing shareholders' demands for more emphasis on the move to a low-carbon economy.

Shell bows to investor pressure over carbon disclosure

Royal Dutch Shell has caved in to demands from shareholders that it increases reporting on its carbon management.