SBTi says its net zero standard will tackle 'weak' corporate target-setting
A standard for corporate net-zero target setting due to be published this month will require external verification in an effort to clamp down on "weak" and "inconsistent" pledges.
$3.2trn investor group to 'step-up' chemical sector emissions engagement
An investor working group has been formed to "step-up" engagement with major chemical firms around their carbon emissions, arguing the sector has been "neglected" by investors as being 'hard-to-abate'.
NBIM says it does not support routine 'say on climate'
The manager of the world's largest sovereign wealth fund says it does not "in general" support a shareholder vote on companies' climate plans on a regular basis.
Steel first target of new CA100+ sector-wide engagement workstream
The convenors of the Climate Action 100+ (CA100+) collaborative engagement initiative have launched a new 'global sector strategies' workstream to "coordinate sector-wide engagement".
$14trn investor group pushes for AGM vote on 'net zero' claims
A group of 53 investors with a combined $14 trillion of assets under management has called for new climate-related corporate governance measures, including an annual general meeting (AGM) vote on corporate 'net zero' transition plans.
Ceres launches investor-led initiative tackling food emissions
Sustainability non-profit Ceres has launched an investor initiative that demands 50 high-emitting food and agriculture companies reduce their greenhouse gas emissions to accelerate progress to a net zero global economy.
Three ways business will be crucial in achieving global climate goals
Every company has a role to play, no matter where they currently are on the green transition, argue Steve Varley and Orlan Boston
CA100+ hails landmark GE vote on net zero benchmark
General Electric shareholders have unanimously supported a climate-related vote that asks the multinational conglomerate to provide information on how it will align with the recently launched Climate Action 100+ (CA100+) net-zero benchmark.
Investor failure to vote for near-term climate targets would be hypocrisy, Hohn says
Investors who do not support shareholder resolutions that aim to force major polluters to set near-term emissions reduction targets in line with the goals of the Paris Agreement have been warned that they would be guilty of "absolute greenwashing and hypocrisy".