Archive

  • Exxon adds Ubben to board ahead of AGM

    03 March 2021

    ExxonMobil has appointed Jeff Ubben to its board, in an apparent concession to demands made by the activist investor to reposition its business model to reduce the impact of its business on climate change.

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

    17 February 2021

    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.

  • Hedge fund veteran plotting $8bn impact fundraise

    11 February 2021

    US hedge fund manager Jeffrey Ubben is planning to raise up to $8 billion for a new impact fund, according to Reuters.

  • S&P warns of oil & gas downgrades amid 'transition risks'

    27 January 2021

    Ratings agency S&P has warned 13 oil and gas companies that they face a credit downgrade within weeks, citing risks associated with the transition to a low-carbon economy and competition from renewables.

  • CA100+ ups pressure on corporates to align lobbying with Paris Agreement

    26 October 2020

    Institutional investors with a combined $6.5 trillion in AUM have issued "urgent" demands to 47 of the largest US-based corporate greenhouse gas (GHG) emitters to disclose their climate lobbying practices.

  • CA100+ creates benchmark for net-zero emissions

    14 September 2020

    Engagement initiative Climate Action 100+ (CA100+) has developed a tool for companies to use when developing strategies for transitioning to net-zero carbon emissions.