Archive

  • Top investors put pressure on Shell, but climate resolution rejected

    22 May 2018

    Royal Dutch Shell faced mounting pressure from investors to set concrete targets to reduce greenhouse gas (GHG) emissions at its annual general meeting (AGM) but a climate-related shareholder resolution was rejected.

  • Standardisation of scenarios is necessary for oil & gas, Carbon Tracker says

    21 May 2018

    A common reference scenario for the oil & gas sector is needed to boost comparability, said Carbon Tracker, after its analysis exposed large disparities in companies’ consideration of the potential impacts of climate change.

  • Renewables investment by oil majors is 'incremental rather than radical', Fitch says

    24 April 2018

    Public pressure is driving renewables investments by oil majors but this will not be a radical step in the transition away from traditional business, Fitch Ratings says.

  • Norges Bank backs climate and water shareholder resolutions

    20 April 2018

    The advisor to the world's largest sovereign wealth fund has thrown its weight behind climate-related shareholder resolutions with energy companies Imperial Oil and TransCanada.

  • £500m fund launched to invest in Indian renewables

    20 April 2018

    A new fund has been seeded with £240 million ($340 million) to invest in "green energy infrastructure" in India.

  • Investors wake up to collective engagement clout

    26 March 2018

    Climate-related resolutions at Exxon and Shell garnered the support of the world's largest investors. Now asset managers and owners are massing together to move entire sectors, writes Michael Hurley.

  • TPI hails watershed moment for investors in oil and gas

    21 March 2018

    A Transition Pathway Initiative (TPI) study of disclosures by Shell, Total and Petrobras can "fundamentally change the game" for investors hoping to pressure oil majors into reducing their carbon emissions.

  • People moves: Lightsource BP, Global Water Partnership and Committee on Climate Change

    09 March 2018

    Michael Bloomberg has been selected as the UN Secretary-General's Special Envoy for Climate Action.

  • UBP expands ESG range with new fixed income fund

    01 March 2018

    Union Bancaire Privee (UBP) has launched a new environmental, social and governance (ESG) strategy focused on emerging market investment-grade corporate issuers.

  • Boralex seals €136 million deal to build five French wind farms

    01 March 2018

    Canadian renewables firm Boralex has attracted €136 million ($166 million) of financing to construct five wind farms in France, which have a combined output capacity of 112MW.