Archive

CA100+ investor welcomes BP's 'triple' net-zero target

The investor leading engagement with oil and gas giant BP has cautiously welcomed the company's plans to reduce to 'net zero' the greenhouse gas emissions from sales of its products, as well as its operations and production.

EFRAG calls for sustainability reporting group applications

A call for applications has been launched for members of a group to help draw up European corporate sustainability reporting standards.

Costco emissions reduction shareholder proposal passed

A shareholder proposal calling on US retailer Costco to adopt greenhouse gas (GHG) emissions reduction targets secured support from more than two-thirds of investors despite the board urging it to be rejected.

Exxon's net zero goal 'underwhelming, but sign of change'

ExxonMobil's newly-minted net zero 'ambition' will underwhelm many investors - but could be a sign that new board members are bringing positive change, according to commentators.

Shareholder group steps up rare metals engagement

A group of shareholders with a total of €30 billion ($34 billion) in assets said it will this month begin stepping up its engagement with companies involved with potential controversies in the supply chains of rare earths and rare metals.

Reducing emissions demands more focus on supply chains

How corporates are beginning to reduce supply chain emissions can provide a blueprint for investors to do the same, argues Mark Leftwich

SBTi launches Net-Zero Standard, a 'weapon against greenwashing'

'Catastrophic' $27trn funds data show less than 1% are Paris-aligned - CDP

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'.