-
Exxon urged to implement net zero targets, board reshuffle
24 February 2021 -
Hedge fund veteran plotting $8bn impact fundraise
11 February 2021US 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 2021Ratings 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.
-
News Round Up: ExxonMobil, Legal & General, and more
07 January 2021 -
CA100+ ups pressure on corporates to align lobbying with Paris Agreement
26 October 2020Institutional 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.
-
ESG news round-up: Calvert joins Morgan Stanley; CofE drops ExxonMobil; HSBC in net-zero pledge
09 October 2020 -
Storebrand excludes 27 firms as it tightens climate policy
24 August 2020Norwegian asset manager Storebrand has tightened its climate policy significantly, which will see it exclude 27 firms including oil majors Chevron and ExxonMobil, miner Rio Tinto and chemicals giant BASF.
-
Third of investor votes back Mizuho Financial climate resolution
25 June 2020More than a third of Mizuho Financial investors backed a ground-breaking shareholder resolution urging the Japanese bank to disclose its climate risks and publish a plan to align investments with the Paris Agreement.
-
Fossil fuel reserve profits 'could fall by two-thirds'
08 June 2020Falling demand and rising investment risk is forecast to slash profits from fossil fuel reserves, research by Carbon Tracker reported, estimating they could collapse by almost two-thirds.
-
Total becomes next oil major to feel shareholder climate pressure
29 May 2020French supermajor Total has become the latest oil firm to face rising pressure from shareholders at its annual general meeting (AGM) over it environmental ambitions.