Archive

Rio Tinto warns industry lobby on thermal coal advocacy

Mining giant Rio Tinto has delivered a dusting down to a significant Australian industry lobby for its support for thermal coal, as part of its review of the industry associations it wants to belong to.

Adam Matthews: A believer in the power of engagement

The Church of England Pensions Board's ethics and engagement director explains to Ahren Lester the key role asset managers can play in driving the transition to a low-carbon economy

Investors welcome strengthened Anglo American climate lobbying policy

Major investment firms have welcomed the mining giant Anglo American agreeing to align its lobbying activity to the goals of the Paris Agreement.

Major investors call on EU leaders to urgently pass net-zero GHG target

A group of 44 major global investors managing €6 trillion ($6.6 billion) in assets called on European leaders to urgently pass a net-zero greenhouse gas (GHG) emissions target.

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.