Archive

Investor welcome for Shell exit from Cambo oil project

Oil supermajor Shell has backed out of investing in the Cambo oilfield project in Scotland in a move described as a "deathblow" for the controversial project...

Just one listed electric utility is aligned with 1.5°C pathway, says Climate Action 100+

Investor engagement initiative Climate Action 100+ (CA100+) has outlined the climate actions it expects electric utility firms to take..

$3.2trn investor group to 'step-up' chemical sector emissions engagement

An investor working group has been formed to "step-up" engagement with major chemical firms around their carbon emissions, arguing the sector has been "neglected" by investors as being 'hard-to-abate'.

CA100+ sets sights for food supply chains engagement

The sprawling supply chains of food and beverages companies are to be the subject of coordinated investor engagement after the Climate Action 100+ (CA100+) initiative outlined its decarbonisation expectations for the sector

BHP criticised as confirms oil and gas exit with Woodside deal

Pressure has been building on BHP to exit its fossil fuel assets, but its proposed deal to shift its oil and gas assets to Woodside has been criticised - and considered 'disastrous' for Woodside shareholders and the environment. Ahren Lester reports

Steel first target of new CA100+ sector-wide engagement workstream

The convenors of the Climate Action 100+ (CA100+) collaborative engagement initiative have launched a new 'global sector strategies' workstream to "coordinate sector-wide engagement".

CA100+ hails landmark GE vote on net zero benchmark

General Electric shareholders have unanimously supported a climate-related vote that asks the multinational conglomerate to provide information on how it will align with the recently launched Climate Action 100+ (CA100+) net-zero benchmark.

CA100+ benchmark shows net zero ambitions still have long way to go

Rio Tinto presents 'Scope 3 targets', will give 'say on climate' at 2022 AGM

Mining company Rio Tinto said it has set Scope 3 emissions reduction goals and announced that it intends to give investors a say on its climate-related disclosures from next year.

CA100+ investors 'raise ambition' with five key shareholder resolutions

Climate Action 100+ (CA100+) says key shareholder resolutions filed with the likes of ExxonMobil, Berkshire Hathaway and General Motors are a sign of "raised ambition" among investors in this year's annual general meeting (AGM) season.