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CA100+ needs to stop members working against each other, say investors

The Climate Action 100+ (CA100+) collaborative engagement initiative needs to stop its members working against each other, investors have told Environmental Finance.

CA100+ investors to back shareholder resolution at Shell

Shareholders at oil giant Shell have announced plans to back a shareholder resolution at its upcoming annual general meeting pressuring the company to address climate risks.

PGGM to support climate resolutions at Shell

PGGM Investment Management has announced support for a resolution calling on Shell to set Paris-aligned Scope 3 emission reduction targets for 2030.

BP faces shareholder rebellion over climate action climbdown

BP is to face a growing shareholder backlash at its AGM today over concerns the oil giant is scaling back its climate ambition.

€1.1trn investor coalition calls on TotalEnergies to cut Scope 3 emissions

A coalition of 17 investors, which represent around €1.1 trillion ($1.2 trillion) in assets under management, has urged TotalEnergies to align its Scope 3 emissions reductions targets with the Paris Agreement.

IIGCC engagement initiative 'is next chapter' after CA100+

The Institutional Investors Group on Climate Change (IIGCC) has launched an initiative to broaden investor engagement with corporates on climate change, beyond the largest companies covered by the Climate Action 100+ (CA100+) initiative.

PGGM & EBRD to invest €250m in 'impact milestone'

PGGM will invest €250 million ($262 million) of pension fund capital in climate finance, in a partnership with the European Bank for Reconstruction and Development (EBRD).

Dutch investors tell oil and gas companies 'prove your commitment to Paris'

Share buybacks must not come at the cost of transition, say MN and PGGM

Oil and gas giants should use record profits to buy back shares only if they do not come at the expense of investing in a "feasible" strategy to limit global temperature rise to 1.5°C, according to MN and PGGM.

€1.5trn Dutch investor group sets 2024 oil firm transition expectations

A group of seven Dutch asset managers with a combined €1.5 trillion ($1.7 trillion) in assets has published three core climate transition expectations for oil and gas firms to accelerate...