Archive

People Moves: IIGCC, Riksbank, Bloomberg

$35trn investors urge governments to step up climate change action

Institutional investors with $35 trillion in assets under management (AUM) have urged the world's governments to do more to tackle climate change ahead of next week's UN climate action summit.

Shell to leave American Fuel & Petrochemical Manufacturers following review of lobbying

Oil & gas giant Shell has published its first report on its lobbying practices, as a result of investor pressure, and has agreed to leave the American Fuel & Petrochemical Manufacturers (AFPM).

Shell sets first short-term climate targets

Oil major Shell has set short-term targets to reduce its carbon emissions for the first time, in a move that has been welcomed by investors as a significant landmark for climate-related engagement.

Investors urge steel sector to increase low-carbon tech spend

A network of investors with more than $32 trillion in assets says it expects companies in the highly polluting steel sector to significantly increase spending on new technologies if they are to survive the energy transition.

COP24 sees historic agreement on Paris rulebook, but work remains

A historic agreement on the rules that will govern the Paris Agreement has been sealed at the Katowice climate change conference (COP 24), but countries failed to agree changes to strengthen emissions trading schemes.

Investor Agenda finds $32trn of backing

Investors with a combined $32 trillion in assets have signed up to an initiative to step up action on climate change.

£29bn UK pension pool unveils responsible investment strategy

The £29 billion ($39 billion) Brunel Pension Partnership pool of 10 UK local government pension scheme (LGPS) funds has published its responsible investment strategy.

Investors wake up to collective engagement clout

Climate-related resolutions at Exxon and Shell garnered the support of the world's largest investors. Now asset managers and owners are massing together to move entire sectors, writes Michael Hurley.

Actiam joins IIGCC

Dutch asset manager Actiam has joined the Institutional Investors Group on Climate Change (IIGCC).