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Aegon backs out of coal and plans 'in-depth' assessment of climate risks
26 May 2016Dutch insurer Aegon is the latest investor to divest from coal, citing concerns about stranded assets, and has committed to an in-depth assessment of its exposure to climate change risks.
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Shareholders lose climate change resolution at ExxonMobil and Chevron, despite record support
26 May 2016Shareholders have failed to force ExxonMobil and Chevron to report on the potential impact on their businesses of climate change policies that limit global warming to 2˚C.
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Investors warn insurers about stranded assets arising from climate change action
24 May 2016US insurers and their regulators should pay more attention to the risk that fossil fuel assets in which they are invested could become 'stranded' as a result of action to combat climate change, a group of major investors has warned.
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EF BRIEFS: FSB, Axis Bank, EIB, Stockholm, Canadian Solar, GRI, BP
23 May 2016The Financial Stability Board (FSB) has appointed nine more members to its new Task Force on Climate-related Financial Disclosures.
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Investors are optimistic about Exxon and Chevron climate change resolutions
20 May 2016Investors are optimistic of a "positive" result for two shareholder resolutions on climate change at ExxonMobil and Chevron ahead their annual general meetings next week, despite opposition from the companies' boards.
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France to set floor price of about €30 for carbon
18 May 2016France has indicated that it will set a price of about €30 ($33) a tonne for carbon, in a move designed to kickstart wider European efforts to reduce greenhouse gas (GHG) emissions, according to reports.
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Forget carbon footprinting - build a smart carbon portfolio, says Impax
13 May 2016Reweighting portfolios according to carbon data alone is insufficient to mitigate stranded asset risks, argues Impax, which has devised a new methodology to build what it refers to as a smart carbon portfolio. Peter Cripps reports
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Oil majors would add value by focussing on low-carbon assets, says CTI
09 May 2016Major oil and gas companies could be worth significantly more by aligning their investment plans with a 2°C climate change target rather than pursuing business as usual, according to the Carbon Tracker Initiative (CTI).
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Index innovator
09 May 2016FTSE Russell's innovative new low-carbon index could be a taste of things to come, as the company gears up to launch a new data platform based on the transition to a low-carbon economy. Mark Makepeace talks to Peter Cripps
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Norges Bank gives boost to Exxon and Chevron climate change resolutions
05 May 2016Norges Bank's backing of climate change resolutions at ExxonMobil and Chevron will boost investor confidence in their outcome, according to one engagement specialist.