-
European oil majors climate pledge disappointment continues
13 May 2020Despite progress from European oil majors in strengthening their climate ambitions, analysis by the Transition Pathway Initiative (TPI) concluded that none are yet on the path to net-zero emissions.
-
Oil majors accused of using CA100+ as 'fig leaf' to disguise inaction
11 May 2020Oil supermajors have been accused of using joint statements with investor initiative Climate Action 100+ (CA100+) as a means to disguise limited action on emissions reductions.
-
Time is ripe for US asset managers to engage oil majors
11 May 2020Domestic asset managers have been largely absent from climate engagement with US oil majors, but the Church Commissioners for England tells Ahren Lester that this could finally be changing.
-
Total makes net-zero pledge after investor pressure
05 May 2020French oil major Total has become the latest oil and gas major to announce its ambition to be net-zero emissions by 2050, after pressure from investor groups.
-
Oil price crash 'will not derail energy transition'
30 April 2020The writing is on the wall for the oil and gas sector, BNP Paribas Asset Management's climate change research head tells Ahren Lester
-
'Greenwashing' is a major challenge for 2020, warns LGIM
27 April 2020Greenwashing "will be one of the biggest challenges to asset managers in 2020," according to Sacha Sadan, director of investment stewardship at Legal & General Investment Management (LGIM).
-
Total faces shareholder resolution to reduce carbon emissions
16 April 2020A group of 11 investors have filed a shareholder resolution at Total, calling on the oil major to set carbon emission reduction targets in line with the Paris Agreement.
-
Sustainable equity funds becoming all-weather investments
02 April 2020The relative outperformance of ESG equity funds during the market correction caused by the coronavirus (Covid-19) pandemic proves they can be all-weather investments that will appeal to long-term investors, Morningstar's sustainability research head tells Ahren Lester.
-
Rio Tinto warns industry lobby on thermal coal advocacy
27 March 2020Mining giant Rio Tinto has delivered a dusting down to a significant Australian industry lobby for its support for thermal coal, as part of its review of the industry associations it wants to belong to.
-
BP leaves trade associations over differences in climate policy
27 February 2020Oil and gas giant BP is to leave three trade associations due to differences on policy positions regarding carbon pricing and the federal regulation of methane, in a victory for investors.