Pressure banks to include climate risk info in financial statements, investors told
Shareholders pushing banks to better manage climate risk should pressure them to add this information to their financial statements, according to a stewardship specialist.
CCLA, LAPFF call for climate votes at 'high-emitting' sectors
IIGCC to step up pressure on banks to demonstrate action on net zero
A group representing investors with €65 trillion ($70 trillion) in assets under management has published a set of expectations for banks, as they push for more details on how banks will act on pledges to achieve net zero emissions.
CA100+ targets CRH over climate accounting failure
Climate Action 100+ (CA100+) supports a resolution from Sarasin & Partners to vote against Irish buildings materials firm CRH and its auditor over perceived climate-related inaction.
$3.2trn investor group to 'step-up' chemical sector emissions engagement
An investor working group has been formed to "step-up" engagement with major chemical firms around their carbon emissions, arguing the sector has been "neglected" by investors as being 'hard-to-abate'.
15 major investors back HSBC vote on fossil fuel phase-out plan
M&G and EOS support Barclays fossil fuel funding resolution
M&G Investments and EOS have confirmed they will support a shareholder resolution calling on Barclays to phase out its funding for fossil fuel firms, but Norway's sovereign wealth fund will not be supporting it.
Barclays tightens climate policy amid shareholder pressure
Barclays has announced an ambition to be net-zero carbon emissions by 2050 across its lending activities, but campaigners are pushing for commitments to faster progress.