Archive

  • $42bn Australian pension fund settles climate court case

    02 November 2020

    The 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 2020

    Membership 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 2020

    Anglo-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 2020

    A 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 2020

    Responses 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 2020

    The 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.

  • Investor climate pressure builds on US oil majors as BlackRock steps-up

    28 May 2020

    US 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.

  • 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.

  • 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.