Archive

  • Tesla is top CO₂ performer but lags in disclosure, TPI says

    14 February 2018

    Electric 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.

  • Exxon takes encouraging disclosure steps but must go further, investors say

    08 February 2018

    The 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.

  • £17bn Church Investors Group to crack down on climate laggards

    07 February 2018

    The 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.

  • Shareholder action forces oil giant Exxon to increase climate disclosures

    12 December 2017

    ExxonMobil 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.

  • Shareholder climate success at Exxon

    31 May 2017

    A shareholder resolution calling for ExxonMobil to do more to tackle climate change received a significant majority, despite not being backed by the board.

  • Oil companies beginning to act on climate change, says report

    15 May 2017

    Some 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.

  • Exxon board fights climate resolution

    25 April 2017

    ExxonMobil's board has refused to support a climate change resolution backed by investors with over $10 trillion in assets under management (AUM).

  • Investors target climate at AGM season

    08 February 2017

    Investors 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.