Investor failure to vote for near-term climate targets would be hypocrisy, Hohn says
Investors who do not support shareholder resolutions that aim to force major polluters to set near-term emissions reduction targets in line with the goals of the Paris Agreement have been warned that they would be guilty of "absolute greenwashing and hypocrisy".
Shell's transition strategy divides opinion
BP urges shareholders to reject climate resolution
BP outlines oil production cuts and bolsters net-zero carbon ambition
BP has announced it will cut oil and gas production by two-fifths and increase its low-carbon investments ten-fold by 2030 in order to achieve its net-zero carbon ambition, whilst also halving its dividend.
Total becomes next oil major to feel shareholder climate pressure
French supermajor Total has become the latest oil firm to face rising pressure from shareholders at its annual general meeting (AGM) over it environmental ambitions.
Shell climate resolution support welcomed by green investor group
Support for a shareholder resolution demanding Anglo-Dutch oil supermajor Royal Dutch Shell set carbon intensity targets more than doubled compared with a similar resolution in 2018, but still failed to secure enough votes to pass.
Green investor group hails Equinor climate resolution progress
Support for a shareholder resolution demanding Norwegian oil company Equinor to set carbon intensity targets more than doubled, but majority owner, the state of Norway, kiboshed the proposal.