Archive

  • Shareholders lose climate change resolution at ExxonMobil and Chevron, despite record support

    26 May 2016

    Shareholders have failed to force ExxonMobil and Chevron to report on the potential impact on their businesses of climate change policies that limit global warming to 2˚C.

  • Investors are optimistic about Exxon and Chevron climate change resolutions

    20 May 2016

    Investors are optimistic of a "positive" result for two shareholder resolutions on climate change at ExxonMobil and Chevron ahead their annual general meetings next week, despite opposition from the companies' boards.

  • Norges Bank gives boost to Exxon and Chevron climate change resolutions

    05 May 2016

    Norges Bank's backing of climate change resolutions at ExxonMobil and Chevron will boost investor confidence in their outcome, according to one engagement specialist.

  • Leading the charge

    05 April 2016

    The historic Paris climate change agreement has underlined what is arguably the biggest challenge faced by financial markets in a generation, says Peter Cripps

  • How the world's biggest sovereign wealth fund is handling climate risk

    10 February 2016

    Norges Bank's latest responsible investment report shows environmental issues are still the key driver for engagement and divestment. Sophie Robinson-Tillett reports.

  • Research backed by Norges Bank reveals most environmentally-risky coal firms

    29 January 2016

    Fossil-fuel companies with the greatest vulnerability to environmental risks have been named in new analysis, which urges firms to report at asset level to enable investors to better judge portfolio risks.

  • Norway's oil fund divests from Korea's Posco and Daewoo

    18 August 2015

    Norway's sovereign wealth fund – the largest in the world – is to exclude leading Korean companies Posco and Daewoo International from its investment portfolio because of their involvement in palm oil plantations in Indonesia.

  • Norges Bank creates 'new benchmark' with climate change guidelines

    27 March 2015

    A report by Norges Bank Investment Management (NBIM) urging companies to take steps to deal with climate change will serve as a new benchmark for responsible investment, according to an expert at Nasdaq.

  • World's biggest sovereign wealth fund discloses divestments

    12 February 2015

    The world's largest sovereign wealth fund, Norway's Government Pension Fund Global, has revealed more details about its divestments as part of a move to "think long-term and protect value for future generations".

  • Norway's $800bn 'oil fund' halves coal production holdings

    29 January 2014

    Norway's $800 billion sovereign wealth fund has divested half of its holdings in coal miners over the past two years, its manager has said.