Archive

Shareholders demand Shell provides LNG transparency

Extreme weather could see 'severe' losses, NGFS short-term scenarios show

Satellite data and its implications for the oil and gas industry

Satellites are reshaping the data landscape for oil and gas businesses, creating new legal and reputational risks, write Lewis McDonald and Louise Barber

CSRD, SEC climate disclosure setbacks make rating climate risk harder, S&P warns

Setbacks to the planned introduction of sustainability reporting rules in the EU and US are likely to make assessing the climate-related credit risk of companies harder, a senior executive at S&P has said.

Investors set to demand change on BP climate stance at AGM

'Proxy voting is not dead'

This AGM season will reveal shareholders' climate resolve, writes Michael Hurley

NZBA ditches requirement to target 1.5°C alignment to give banks more 'flexibility'

The Net-Zero Banking Alliance (NZBA) has approved changes to its framework to no longer require targeting 1.5°C alignment - instead allowing members to choose from "a wider range of net-zero pathways ... to limit global temperature rise to 'well below 2°C' and to strive for 1.5°C".

Climate policy pendulum may bring near-term relief but longer-term pain, S&P says

Weakened climate-related policy in the US and Europe does not necessarily mean companies are exposed to less climate-related financial risk - with near-term relief tinged with the prospect of longer-term pain, according to credit ratings agency S&P.

Investor hesitation to back climate proposals leads shareholders to shelve resolutions

Shareholder group Follow This has, for the first time since 2016, abandoned plans to file a climate-related resolution with oil and gas majors, as it blamed "investor hesitation" to back such proposals on US attacks on shareholder democracy.

'Investors need to question' oil & gas companies on weakened climate targets