• CA100+ targets lobbying, implementing TCFD and net zero emissions

    03 October 2019

    Climate Action (CA) 100+ has set out its engagement priorities, over the coming months, in its first initiative progress report for 161 'focus companies'.

  • No oil & gas company aligned with 2°C pathway, says TPI

    18 September 2019

    None of the 50 largest oil and gas companies have aligned their emission intensity with a pathway that would keep global warming to 2°C, as called for in the Paris Agreement on climate change, according to the Transition Pathway Initiative (TPI).

  • Citigroup, Shell and 3M removed from DJSI World

    16 September 2019

    S&P Dow Jones Indices (DJI) and RobecoSAM have reviewed the companies in the Dow Jones Sustainability Index (DJSI) World and removed Citigroup, Shell and 3M from it. Citigroup remains in the DJSI North America, however.

  • BlackRock loses $90.4bn from failing to spot stranded asset risks, says IEEFA

    01 August 2019

    The world's largest asset manager, BlackRock, has seen $90.4 billion knocked off the value of its listed equities holdings over the last decade because it failed to address stranded asset risk in the fossil fuel industry, according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA).

  • Is Climate Action 100+ pushing hard enough?

    19 July 2019

    The heavyweight investor engagement initiative has won some victories with fossil fuel giants. But should it be demanding more, asks Elena K Johansson.

  • Updated Methodology to change ESG rating of 85% of Morningstar funds

    12 July 2019

    As many as 85% of the funds covered by Morningstar will have their environmental, social and governance (ESG) ratings changed when the methodology of its Morningstar Sustainability Rating (MSR) is updated, expects John Hale, head of the firm's sustainable research.

  • BP climate change resolution passes with 99% support

    22 May 2019

    A shareholder resolution calling on BP to prepare a business strategy consistent with the 2015 Paris Agreement on climate change secured 99.14% of votes at the oil giant's annual general meeting.

  • Aegon supports Follow This climate resolutions

    13 May 2019

    Dutch insurer Aegon has announced its support for nine climate resolutions at four major oil firms' annual general meetings (AGMs).

  • Equinor bows to investor pressure of Climate Action 100+

    25 April 2019

    Equinor has become the latest oil and gas company to bow to investor pressure to strengthen its climate targets.

  • Dutch investors pressure oil and gas sector to strengthen climate targets

    12 April 2019

    A group of heavyweight investors including NN Investment Partners (NN IP), Actiam, Aegon and Kempen have urged the entire oil and gas sector to set stringent targets to reduce its greenhouse gas (GHG) emissions.