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Tesla is top CO₂ performer but lags in disclosure, TPI says
14 February 2018Electric vehicle manufacturer Tesla is the best performer in the automobile sector in terms of carbon dioxide (CO₂) emissions, but is let down by its disclosure on the issue, a report has found.
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Exxon takes encouraging disclosure steps but must go further, investors say
08 February 2018The latest climate-related disclosures by oil giant ExxonMobil fail to go far enough in setting out how climate change is likely to impact its business, say an influential group of investors that led last year's successful shareholder resolution against the company.
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£17bn Church Investors Group to crack down on climate laggards
07 February 2018The UK's Church Investors Group (CIG) will take a harder line on companies failing to take action on climate change by voting against the re-election of directors, as part of its updated proxy voting policy.
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Shareholder action forces oil giant Exxon to increase climate disclosures
12 December 2017ExxonMobil is to start publishing reports on how policies to reduce global warming affect its profits, a move which marks a major victory for shareholder action on climate change, according to New York State Comptroller Thomas DiNapoli.
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Shareholder climate success at Exxon
31 May 2017A shareholder resolution calling for ExxonMobil to do more to tackle climate change received a significant majority, despite not being backed by the board.
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Oil companies beginning to act on climate change, says report
15 May 2017Some of the largest global oil and gas companies such as Statoil, Eni and Total are beginning to act on climate change. However, laggards like ExxonMobil are considerably behind these companies, according to a report from major investors.
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Exxon board fights climate resolution
25 April 2017ExxonMobil's board has refused to support a climate change resolution backed by investors with over $10 trillion in assets under management (AUM).
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Investors target climate at AGM season
08 February 2017Investors with assets of approximately £17 billion ($21.1 billion) have called on shareholders to back resolutions requiring climate disclosure and forcing companies to deal with the transition to a low-carbon economy.