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Divest from oil and gas by 2023, £12bn Church of England instructed
09 July 2018The Church of England has agreed to divest from oil and gas firms by 2023 unless they can demonstrate sufficient efforts to mitigate the effects of climate change.
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TPI plans new index to accelerate low-carbon transition
03 July 2018The Transition Pathway Initiative (TPI) – an asset-owner led initiative backed by more than $9.3 trillion in assets – plans to create a new, global, low-carbon equity index.
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People Moves: BlackRock, Macquarie Infrastructure Debt Investment Solutions, AP4, ING, Lightsource BP, European Investment Bank, IIGCC, DNCA Finance and FRC
29 June 2018BlackRock has lost one of the leaders of its push into impact investing, Environmental Finance has learned.
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Top investors put pressure on Shell, but climate resolution rejected
22 May 2018Royal Dutch Shell faced mounting pressure from investors to set concrete targets to reduce greenhouse gas (GHG) emissions at its annual general meeting (AGM) but a climate-related shareholder resolution was rejected.
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Rio Tinto shareholders in largest ever vote for climate resolution
03 May 2018Investors 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.
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Investors round on Rio Tinto's funding of fossil fuel lobby groups
27 April 2018Rio Tinto will face mounting pressure at its annual general meeting (AGM) as investors with a combined £1.8 trillion ($2.5 trillion) take aim at its policy on funding lobby groups that obstruct action to combat climate change.
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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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£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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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.
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SEC sides with DiNapoli in fight with ExxonMobil
24 March 2016ExxonMobil has lost its bid to block a shareholder resolution over disclosure of its climate change policy, after the US Securities and Exchange Commission (SEC) ruled against it.