Archive

BlackRock and Temasek's Decarbonization Partners closes debut fund at $1.4bn

Decarbonization Partners - a joint-venture between BlackRock and Temasek - has closed its first fund, a late-stage venture capital and growth private equity vehicle, at $1.4 billion.

TotalEnergies pauses SLB plans amid weak market development

French oil supermajor TotalEnergies told Environmental Finance it has paused plans to only issue sustainability-linked bonds (SLBs) after the market for the performance-based instrument did not "develop as anticipated" - especially in the US.

Hy24 backs hydrogen rental taxi business with €200m

Oil and gas giants' climate opacity keeps investors in the dark, CA100+ assessments show

The poor quality of climate disclosures by the 10 largest oil and gas companies globally is keeping investors in the dark and hindering their engagement efforts, analysis for the Climate Action 100+ initiative suggests.

€1.1trn investor coalition calls on TotalEnergies to cut Scope 3 emissions

A coalition of 17 investors, which represent around €1.1 trillion ($1.2 trillion) in assets under management, has urged TotalEnergies to align its Scope 3 emissions reductions targets with the Paris Agreement.

Bond investors 'now pricing in' oil and gas firm climate strategies

Fixed income investors have increasingly been pricing in the climate strategies of oil and gas firms following the energy crisis sparked by the Russian invasion of Ukraine, according to ABN Amro.

Sustainability standards will transform investor relations

Having a set of sustainability standards will facilitate corporates' relations with their investors and focus discussion on qualitative aspects rather than data issues...

Total hit by shareholder resolution - again

A group of 11 investors have filed a shareholder resolution at TotalEnergies ahead of its AGM on 25 May, urging the French oil supermajor to set and publish targets that are consistent with the Paris Climate Agreement.

EACOP must stop!

How is it possible that a project like the East Africa Crude Oil Pipeline (EACOP) could be under serious consideration in 2022, asks Michael Northrop

Nestlé dropped from DJSI 'after reporting review'

Nestlé has blamed its removal from the S&P Dow Jones Sustainability Indices (DJSI) on a review of its sustainability reporting.