Archive

  • Investors are optimistic about Exxon and Chevron climate change resolutions

    20 May 2016

    Investors are optimistic of a "positive" result for two shareholder resolutions on climate change at ExxonMobil and Chevron ahead their annual general meetings next week, despite opposition from the companies' boards.

  • Oil majors would add value by focussing on low-carbon assets, says CTI

    09 May 2016

    Major 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).

  • Investors representing $6trn back climate change resolution at ExxonMobil

    13 April 2016

    Investors representing $6 trillion of assets under management (AUM) have thrown their weight behind a shareholder resolution demanding that ExxonMobil disclose the impact of climate change policy on its business.

  • Climate change is an opportunity for insurers, says Warren Buffett

    29 February 2016

    Insurers should welcome the opportunity for business growth provided by climate change, according to Warren Buffett, as he rejected calls for a resolution on climate disclosure.

  • Shareholders hit back at ExxonMobil over climate change disclosure

    25 February 2016

    A group of ExxonMobil shareholders, including the New York Common Retirement Fund, have hit back at ExxonMobil after the oil major attempted to dismiss their resolution over climate disclosure.

  • EF BRIEFS: Exxon, FIM, SunEdison, Hareon, SPI, CTX

    20 January 2016

    A group of institutional investors with $300 billion under management is calling on ExxonMobil to prove its resilience in the face of the Paris Agreement on climate change.

  • Looking back at 2015, and looking ahead to 2016

    31 December 2015

    It has been a landmark year for environmental investment themes. Hamza Ali looks back at some of the key developments of 2015 and asks what the following year will bring

  • Two fossil fuel giants investigated over claims they lied over climate change

    06 November 2015

    US oil giant ExxonMobil and Peabody Energy are being investigated by the New York state attorney-general over claims they lied to their shareholders and the public about climate change risk.

  • Oil firms demand worldwide carbon pricing in open letter

    01 June 2015

    A group of six oil companies have called for the introduction of a global carbon price as part of "ambitious policy frameworks" to help tackle climate change, in an open letter to world leaders.

  • Carbon Tracker identifies potential stranded assets in oil majors

    15 August 2014

    Projected 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.