Archive

BP's climate row-back sparks shareholder rebellion at AGM

Nearly a quarter (24%) of shareholders voted against the reappointment of BP's chair, Helge Lund, which investors called an "unprecedented" show of dissent for the oil and gas company abandoning elements of its own climate strategy.

Rio Tinto's 'climate hypocrisy' on lobbying leads ACCR to end engagement

LGIM leads push for Nippon Steel to disclose its climate lobbying

'Unprecedented': Woodside Energy climate plan rejected by investors

Australian oil and gas firm Woodside Energy had its climate transition plan rejected by a majority of shareholders at its annual general meeting (AGM), with investor groups arguing this record-breaking opposition showed its plans remained "insufficient".

Glencore shareholders demand more transparency on coal plan

Investors representing $2.2 trillion in assets have asked Glencore to provide more information on how the mining giant's ongoing thermal coal production aligns with its commitment to support the Paris agreement

HESTA warns four energy firms of potential climate-related divestment

HESTA has warned four energy firms they face heightened scrutiny and potential divestment due to their lacklustre decarbonisation strategies, as the Australian pension fund announced a strengthened 2030 decarbonisation target.

Amundi, HSBC AM file climate shareholder proposals at J-Power

Australian gas company shareholders demand Paris Agreement alignment

Shareholders at Origin Energy have demanded the largest supplier of gas and electricity in Australia align its capital expenditure with the Paris Agreement

BHP criticised as confirms oil and gas exit with Woodside deal

Pressure has been building on BHP to exit its fossil fuel assets, but its proposed deal to shift its oil and gas assets to Woodside has been criticised - and considered 'disastrous' for Woodside shareholders and the environment. Ahren Lester reports

Rio Tinto shareholders in largest ever vote for climate resolution

Investors with a combined $4 billion of shares in Rio Tinto have recorded the largest vote for a climate change-related resolution, without board support, in Australian corporate history.