Archive

  • European oil majors climate pledge disappointment continues

    13 May 2020

    Despite progress from European oil majors in strengthening their climate ambitions, analysis by the Transition Pathway Initiative (TPI) concluded that none are yet on the path to net-zero emissions.

  • Time is ripe for US asset managers to engage oil majors

    11 May 2020

    Domestic asset managers have been largely absent from climate engagement with US oil majors, but the Church Commissioners for England tells Ahren Lester that this could finally be changing.

  • M&G and EOS support Barclays fossil fuel funding resolution

    01 May 2020

    M&G Investments and EOS have confirmed they will support a shareholder resolution calling on Barclays to phase out its funding for fossil fuel firms, but Norway's sovereign wealth fund will not be supporting it.

  • BlackRock hails sustainable ETFs in wake of Covid-19

    17 April 2020

    Sustainable ETFs chalked up another resilient performance amid the market turmoil in the wake of the coronavirus pandemic. BlackRock's regional sustainable ETF head tells Ahren Lester what may have driven this, and what it means for the future of the asset class.

  • Shell strengthens climate ambitions after investor pressure

    16 April 2020

    Royal Dutch Shell has strengthened its climate change ambitions in order to help meet global 2050 greenhouse gas (GHG) emission reduction targets, but campaigners remain unconvinced that the proposals go far enough.

  • Investors ask Drax for clarity on Just Transition plans

    30 March 2020

    Aviva, BMO and the Church of England Pensions Board are among investors that have asked Drax to more clearly demonstrate how it will support its workers in the energy transition, Environmental Finance can reveal.

  • Rio Tinto warns industry lobby on thermal coal advocacy

    27 March 2020

    Mining giant Rio Tinto has delivered a dusting down to a significant Australian industry lobby for its support for thermal coal, as part of its review of the industry associations it wants to belong to.

  • Church investors toughen ESG shareholder voting policy

    10 March 2020

    As annual general meeting (AGM) season approaches, the Church Investors Group (CIG) has announced a toughened stance on environmental, social and governance (ESG) issues when considering shareholder voting decisions.

  • Adam Matthews: A believer in the power of engagement

    10 February 2020

    The Church of England Pensions Board's ethics and engagement director explains to Ahren Lester the key role asset managers can play in driving the transition to a low-carbon economy

  • Transition-focused index backed by Church of England pension

    30 January 2020

    The pension board of the Church of England (CofE) has allocated £600 million ($780 million) to a fund tracking a first-of-its-kind, custom-made, climate transition index, and issued a rallying call for other pension funds to follow.