BlackRock rejected Glencore's climate plan
BlackRock voted against Swiss miner Glencore's climate plan, documents have revealed.
PIRC calls on investors to oppose Glencore climate report
Proxy advisor Pensions and Investment Research Consultants (PIRC) has recommended that investors oppose mining and commodities trading giant Glencore's climate progress report over the inadequacy of its current targets and plans.
Climate-linked executive pay-outs 'fundamentally flawed'
Current attempts to link executive pay to climate change targets are "fundamentally flawed" and investors should look to encourage a move away from their use, according to investment advisory firm Pensions & Investment Research Consultants (PIRC).
Glencore shareholders demand more transparency on coal plan
Investors representing $2.2 trillion in assets have asked Glencore to provide more information on how the mining giant's ongoing thermal coal production aligns with its commitment to support the Paris agreement
LAPFF reveals 'litany' of ESG risks at mining companies
A series of financial risks related to poor ESG practices at five mining companies has been uncovered by the Local Authority Pension Fund Forum (LAPFF).
Glencore climate strategy to be put to shareholder vote
IFC tightens coal phase-out conditions on financial clients
The International Finance Corporation (IFC) has strengthened its approach to thermal coal investment exposure among its financial institution clients, announcing it will not make equity investments in firms that do not have a phase-out plan in place.
CA100+ creates benchmark for net-zero emissions
Engagement initiative Climate Action 100+ (CA100+) has developed a tool for companies to use when developing strategies for transitioning to net-zero carbon emissions.
Norwegian oil fund continues ESG engagement ahead of renewables push
The manager of the giant Norwegian sovereign wealth fund reported it was continuing to engage heavily with firms on environmental, social and governance (ESG) issues, but was yet to get off-the-mark in its renewable energy investments.