Archive

  • Oil and gas giants' climate opacity keeps investors in the dark, CA100+ assessments show

    27 March 2024

    The poor quality of climate disclosures by the 10 largest oil and gas companies globally is keeping investors in the dark and hindering their engagement efforts, analysis for the Climate Action 100+ initiative suggests.

  • Suncorp to pull out of oil, gas and coal

    21 August 2020

    Suncorp has committed to not finance or insure the oil and gas industry by 2025, complementing its ban on backing new thermal coal projects.

  • Norwegian oil fund exits stakes in 12 firms on ESG concerns

    13 May 2020

    The giant Norwegian oil fund has excluded a dozen companies from investment due to environmental, social, and governance (ESG) concerns, including mining giants such as Anglo American, Glencore and Vale in which it was a major shareholder.

  • Westpac abandons thermal coal funding in tighter climate policy

    04 May 2020

    Westpac has committed to exit its funding of thermal coal firms by 2030 and to align its financing business to the Paris Agreement, as it launched its updated climate change position statement.

  • Suncorp best-placed insurer to ride out APAC climate risk, Sustainalytics says

    31 January 2019

    Suncorp has been identified by Sustainalytics as the best-positioned property and casualty insurers to ride out climate risks in the volatile Asia-Pacific region.

  • Ontario government backs latest Emerald cleantech fund

    02 May 2018

    The Ontario Capital Growth Corporation (OCGC) has committed CAD35 million ($27 million) to the latest cleantech fund from Zurich-based Emerald Technology Ventures.

  • PKA divests from five oil companies, considers 44 more

    18 April 2017

    Danish Pension fund PKA has divested from five Canadian oil companies over concerns they are at risk of devaluation amid from attempts to tackle climate change.

  • Europe's oil and gas companies better prepared for low-carbon than US, says CDP

    22 November 2016

    European oil and gas companies have outperformed their US counterparts in preparedness for a low-carbon future by beginning to invest in alternative energy sources and shifting to gas, according to a report by CDP.

  • Companies take $14bn hit from water problems in 2016, CDP finds

    18 November 2016

    The value of water-related financial impacts borne by companies soared to $14 billion last year, up from $2.6 billion the previous year.

  • S&P expands low-carbon indexes with three Canadian additions

    03 November 2015

    S&P Dow Jones Indices has partnered with the Toronto Stock Exchange to launch three climate change indexes for Canada.