-
$42bn Australian pension fund settles climate court case
02 November 2020The AUD60 billion ($42 billion) Retail Employees Superannuation Trust (REST) pension fund has settled a court case brought against it by a member over its handling of climate change risk, which could spark further legal climate challenges at pension fund managers.
-
Macquarie and BT Pension push TPI support past $20trn
16 October 2020Membership of the Transition Pathway Initiative (TPI) has surged past the $20 trillion milestone, just over three years after it was launched.
-
ESG news round-up: Calvert joins Morgan Stanley; CofE drops ExxonMobil; HSBC in net-zero pledge
09 October 2020 -
BHP increases climate pressure on industry associations
17 August 2020Anglo-Australian mining giant BHP has enhanced its policy towards industry associations as it looks to ensure its climate lobbying aligns with the Paris Agreement.
-
Industry standard for tailings dam management launched
06 August 2020A global industry standard on how to manage tailings dams from construction through to closure has been launched, described as an "important milestone" towards ensuring zero harm to people and the environment following a series of disasters.
-
Assessing companies' climate lobbying
27 July 2020Responses are being sought to a consultation on a framework to assess whether corporate lobbying is aligned with the goals of the Paris Climate Agreement, write Clare Richards and Rory Sullivan
-
Consultation opens on climate change lobbying framework
29 June 2020The consultation on a framework to help investors assess the extent to which a company's lobbying is aligned to the Paris Agreement has been opened, after three investors launched the project earlier this month.
-
Work begins to build climate change lobbying framework
16 June 2020Chronos Sustainability is to create a framework enabling investors to assess whether corporate lobbying is aligned with the goals of the Paris Agreement.
-
Investor climate pressure builds on US oil majors as BlackRock steps-up
28 May 2020US oil supermajors ExxonMobil and Chevron experienced significant investor pressure over their climate policies at their annual general meetings, with major investor BlackRock stepping up support for some proposals.
-
Exxon climate resolution gains further support ahead of tomorrow's AGM
26 May 2020The UK's Local Authority Pension Fund Forum (LAPFF) has called on its members to oppose the re-election of the entire ExxonMobil board, adding to pressure on the oil and gas giant's climate policies.