Archive

  • Exxon seeks to block shareholder proposal

    25 February 2019

    ExxonMobil is trying to block a shareholder proposal in which investors call on the oil giant to account for emission reduction targets.

  • Short-sellers 'to target weak oil & gas firms' in 2019

    12 February 2019

    Short-sellers could start targeting the weakest oil and gas firms in 2019, as their business models come under pressure from increasingly competitive renewables.

  • BP to support CA100+ shareholder resolution

    01 February 2019

    Oil and gas giant BP is set to broaden its corporate reporting to describe how its strategy is consistent with the goals of the Paris Agreement, after it committed to supporting a Climate Action 100+ (CA100+) shareholder resolution.

  • ABP launches energy transition fund

    30 January 2019

    Dutch Stichting Pensioenfonds ABP (ABP), which has €399 billion of assets under management, has launched an energy transition fund to reduce carbon dioxide emissions and finance the energy transition in the Netherlands.

  • People moves: CalPERS, FCLTGlobal, NNIP, Lightsource BP, ALLCOT Colombia

    18 January 2019

    Elisabeth Bourqui has resigned as chief operating investment officer at public pension fund California Public Employees' Retirement System (CalPERS), after less than eight months in office.

  • People Moves: Columbia Threadneedle, Natixis, NBIM, BMO Capital Markets, Hong Kong Green Finance Association, FRC, Pattern Energy and NextEra Energy Partners

    04 January 2019

    Columbia Threadneedle boosts responsible investment team

  • French banks boost coal financing by 52% after COP21

    27 November 2018

    French banks have increased their coal financing by 52% following the signing of the Paris Climate Agreement.

  • Boston Common backs ‘blue economy’ finance principles

    30 October 2018

    Boston Common Asset Management has added its name to the growing number of financial institutions that have endorsed a set of principles for investing to support the world’s oceans.

  • Investors agree with BP - scenario analysis can be confusing!

    17 October 2018

    Climate scenario analysis - as recommended by the Task Force on Climate-related Financial Disclosures (TCFD) - can be "infinitely confusing", Environmental Finance's Green Equities conference heard.

  • BP CEO sparks row as he attacks scenario planning and divestment

    12 October 2018

    BP chief executive Bob Dudley attacked scenario analysis as "increasingly unhelpful" and "confusing for investors", while also criticising the fossil fuel divestment movement.