Total faces shareholder resolution to reduce carbon emissions
A group of 11 investors have filed a shareholder resolution at Total, calling on the oil major to set carbon emission reduction targets in line with the Paris Agreement.
Sustainable equity funds becoming all-weather investments
The relative outperformance of ESG equity funds during the market correction caused by the coronavirus (Covid-19) pandemic proves they can be all-weather investments that will appeal to long-term investors, Morningstar's sustainability research head tells Ahren Lester.
Rio Tinto warns industry lobby on thermal coal advocacy
Mining giant Rio Tinto has delivered a dusting down to a significant Australian industry lobby for its support for thermal coal, as part of its review of the industry associations it wants to belong to.
Adam Matthews: A believer in the power of engagement
The Church of England Pensions Board's ethics and engagement director explains to Ahren Lester the key role asset managers can play in driving the transition to a low-carbon economy
African access to energy fund raises $45m at first close
A fund aiming to allocate $120 million to projects that provide 'affordable' access to energy for homes and businesses in sub-Saharan Africa has raised $45 million at first close.
Transition-focused index backed by Church of England pension
The pension board of the Church of England (CofE) has allocated £600 million ($780 million) to a fund tracking a first-of-its-kind, custom-made, climate transition index, and issued a rallying call for other pension funds to follow.
HSBC: Risk of stranded assets in oil and gas 'very limited'
HSBC has downplayed the risk of 'stranded assets' in the oil and gas sectors, pointing to the likelihood of continuing reliance on the industry for decades
Investors welcome strengthened Anglo American climate lobbying policy
Major investment firms have welcomed the mining giant Anglo American agreeing to align its lobbying activity to the goals of the Paris Agreement.
New fund launched to invest in off-grid energy firms in Africa
UK-based charity Shell Foundation and Dutch development bank FMO have launched a $120 million investment fund to invest in companies working to provide affordable energy in sub-Saharan Africa.
CA100+ targets lobbying, implementing TCFD and net zero emissions
Climate Action (CA) 100+ has set out its engagement priorities, over the coming months, in its first initiative progress report for 161 'focus companies'.