BP to support CA100+ shareholder resolution
Oil and gas giant BP is set to broaden its corporate reporting to describe how its strategy is consistent with the goals of the Paris Agreement, after it committed to supporting a Climate Action 100+ (CA100+) shareholder resolution.
Asia Sustainable Finance Initiative launched with Singapore focus
An initiative to increase the supply of sustainable finance from Asian financial institutions will use Singapore as a hub to catalyse regional development.
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.
Australia and New Zealand to develop sustainable finance roadmap
More than 300 organisations with a combined $10 trillion in assets have agreed to produce a roadmap to grow sustainable finance in Australia and New Zealand.
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.
$3trn of investors launch pilot group on TCFD
Nine investors representing around $3 trillion of assets have joined forces to promote climate transparency.
50 names to be added to Climate Action 100+ engagement hit list
50 more corporates are to be added to the $28 trillion Climate Action 100+ initiative's list of targets for climate-related engagement.
Major investor initiative to tackle climate change on four fronts announced
A landmark initiative to spur investors to attack climate change on the four fronts of engagement, disclosure, low-carbon investing and policy advocacy has been launched.
NZ Super moves $10bn passive equities to low-carbon
New Zealand Super Fund has shifted its NZ$14 billion ($10 billion) global passive equity portfolio into a low-carbon strategy.
Oil companies beginning to act on climate change, says report
Some of the largest global oil and gas companies such as Statoil, Eni and Total are beginning to act on climate change. However, laggards like ExxonMobil are considerably behind these companies, according to a report from major investors.