Archive

  • Asset managers neglecting risks of biodiversity loss, says ShareAction

    11 June 2020

    None of the world's 75 largest asset managers has a dedicated policy on biodiversity, according to a survey conducted by responsible investment charity ShareAction.

  • Largest private pension scheme in UK announces first divestments

    01 June 2020

    The Universities Superannuation Scheme (USS) has announced it will not invest in tobacco, coal, and controversial weaponry firms under its exclusions policy, though campaigners are pressing for the £68 billion ($84 billion) fund to divest from other fossil fuel firms.

  • Total becomes next oil major to feel shareholder climate pressure

    29 May 2020

    French supermajor Total has become the latest oil firm to face rising pressure from shareholders at its annual general meeting (AGM) over it environmental ambitions.

  • A fifth of Barclays investors back fossil fuel financing phase out

    07 May 2020

    More than a fifth of investors in Barclays backed a shareholder resolution urging the FTSE 100-listed lender to outline a plan to phase out its financing for fossil fuel firms.

  • LAPFF backs climate resolutions at Barclays

    06 May 2020

  • Total makes net-zero pledge after investor pressure

    05 May 2020

    French oil major Total has become the latest oil and gas major to announce its ambition to be net-zero emissions by 2050, after pressure from investor groups.

  • HSBC closes coal project funding loophole as pressure mounts

    01 May 2020

    HSBC has closed a controversial loophole which allowed the bank to continue to fund coal projects in three countries, but campaigners continued to push for coal funding to be withdrawn altogether.

  • M&G and EOS support Barclays fossil fuel funding resolution

    01 May 2020

    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' new targets won't cause pension funds to drop climate resolution

    29 April 2020

    Two UK local government pension funds announced they will vote in favour of Barclays' proposed net-zero emissions ambition resolution, but will still back a climate resolution pressuring the lender to strengthen its commitments.

  • ShareAction: Banks 'tinkering around the edges' in response to climate change

    28 April 2020

    Danske Bank and Intesa Sanpaolo have been named as the 'laggards' of the biggest European banks when it comes tackling climate change.