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Investor climate pressure builds on US oil majors as BlackRock steps-up
28 May 2020US oil supermajors ExxonMobil and Chevron experienced significant investor pressure over their climate policies at their annual general meetings, with major investor BlackRock stepping up support for some proposals.
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Exxon climate resolution gains further support ahead of tomorrow's AGM
26 May 2020The UK's Local Authority Pension Fund Forum (LAPFF) has called on its members to oppose the re-election of the entire ExxonMobil board, adding to pressure on the oil and gas giant's climate policies.
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Banks' fossil fuel commitments accelerate as pressure intensifies
19 May 2020 -
Pension funds must do more to push for low-carbon transition, says Lord Deben
14 May 2020The chair of the influential UK Committee on Climate Change (CCC) said the financial sector is beginning to take environmental concerns more seriously, but more has to be done.
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European oil majors climate pledge disappointment continues
13 May 2020Despite progress from European oil majors in strengthening their climate ambitions, analysis by the Transition Pathway Initiative (TPI) concluded that none are yet on the path to net-zero emissions.
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LGIM to oppose election of ExxonMobil executive chair
13 May 2020Legal & General Investment Management (LGIM) has added to growing investor pressure on ExxonMobil to implement improved climate policies ahead of its AGM.
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Time is ripe for US asset managers to engage oil majors
11 May 2020Domestic asset managers have been largely absent from climate engagement with US oil majors, but the Church Commissioners for England tells Ahren Lester that this could finally be changing.
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Total makes net-zero pledge after investor pressure
05 May 2020French oil major Total has become the latest oil and gas major to announce its ambition to be net-zero emissions by 2050, after pressure from investor groups.
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Sustainable equity funds becoming all-weather investments
02 April 2020The relative outperformance of ESG equity funds during the market correction caused by the coronavirus (Covid-19) pandemic proves they can be all-weather investments that will appeal to long-term investors, Morningstar's sustainability research head tells Ahren Lester.
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Transition-focused index backed by Church of England pension
30 January 2020The pension board of the Church of England (CofE) has allocated £600 million ($780 million) to a fund tracking a first-of-its-kind, custom-made, climate transition index, and issued a rallying call for other pension funds to follow.