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Standardisation of scenarios is necessary for oil & gas, Carbon Tracker says
21 May 2018A common reference scenario for the oil & gas sector is needed to boost comparability, said Carbon Tracker, after its analysis exposed large disparities in companies’ consideration of the potential impacts of climate change.
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Hermes spearheads Climate Action 100+ engagements with VW, Siemens
23 February 2018Hermes Equity Ownership Services (EOS) is to pressure Volkswagen to increase its climate-related dialogue with shareholders as it spearheads a pair of Climate Action 100+ engagements.
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Danish pension fund PKA engaging with 64 oil and gas giants on climate
09 February 2018Danish pension fund PKA has said divestment is a possibility for 64 oil and gas companies with which it is currently engaging on climate-related issues.
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New York City files to sue five oil majors, plans $5bn pension fossil fuel divestment
11 January 2018New York City has filed a lawsuit against five oil majors for damages caused by climate change, and the city's pension funds intend to divest $5 billion from fossil fuel companies, as its mayor launched a blistering attack on the firms.
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Devon shareholders reject climate resolution
08 June 2017Shareholders of US oil company Devon Energy have voted against a resolution calling on the company to do more to report on climate change at its annual general meeting (AGM).
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Four US oil majors face shareholder resolutions on climate lobbying
30 November 2016Four US oil majors are to be hit by shareholder resolutions calling on them to disclose their anti-climate change lobbying activities, Environmental Finance can reveal.
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Oil majors would add value by focussing on low-carbon assets, says CTI
09 May 2016Major oil and gas companies could be worth significantly more by aligning their investment plans with a 2°C climate change target rather than pursuing business as usual, according to the Carbon Tracker Initiative (CTI).
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Carbon Tracker identifies potential stranded assets in oil majors
15 August 2014Projected capital expenditure by Total and ExxonMobil is more heavily dependent on high oil prices than that of other oil majors, according to the Carbon Tracker Initiative (CTI), a financial think tank.
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