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CA100+ 'flags' Berkshire Hathaway shareholder resolution

CA100+ hails landmark GE vote on net zero benchmark

General Electric shareholders have unanimously supported a climate-related vote that asks the multinational conglomerate to provide information on how it will align with the recently launched Climate Action 100+ (CA100+) net-zero benchmark.

News round-up: Axa, Macquarie, NY State Retirement Fund, Ambienta

News Round Up: NY State Retirement Fund, Ambienta

S&P warns of oil & gas downgrades amid 'transition risks'

Ratings 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.

Norwegian oil fund exits stakes in 12 firms on ESG concerns

The giant Norwegian oil fund has excluded a dozen companies from investment due to environmental, social, and governance (ESG) concerns, including mining giants such as Anglo American, Glencore and Vale in which it was a major shareholder.

NBIM urges better ocean sustainability management

Companies have been urged to take into account the challenges and opportunities related to sustainable use of the world’s oceans by the asset manager of the world’s largest sovereign wealth fund.

Norges Bank backs climate and water shareholder resolutions

The advisor to the world's largest sovereign wealth fund has thrown its weight behind climate-related shareholder resolutions with energy companies Imperial Oil and TransCanada.

PKA divests from five oil companies, considers 44 more

Danish Pension fund PKA has divested from five Canadian oil companies over concerns they are at risk of devaluation amid from attempts to tackle climate change.

2015 has seen an 'inexorable rise' in voluntary carbon pricing for corporates, says CDP

There has been an "inexorable rise" in the number of public companies putting a price on carbon, according to a report from CDP.