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LGIM announces exclusions from its £5bn Future World Funds
11 June 2018Legal & General Investment Management (LGIM) has named the companies it regards as leaders and laggards on climate change issues, as part of its attempt to remove climate-related risk from its £5 billion ($6.7 billion) Future World funds.
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Standardisation of scenarios is necessary for oil & gas, Carbon Tracker says
21 May 2018A common reference scenario for the oil & gas sector is needed to boost comparability, said Carbon Tracker, after its analysis exposed large disparities in companies’ consideration of the potential impacts of climate change.
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TPI hails watershed moment for investors in oil and gas
21 March 2018A Transition Pathway Initiative (TPI) study of disclosures by Shell, Total and Petrobras can "fundamentally change the game" for investors hoping to pressure oil majors into reducing their carbon emissions.
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Total pays €237m for stake in renewable energy producer
20 September 2017French oil and gas company Total has purchased a 23% stake in renewables company Eren for €237.5 million ($284 million).
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EcoAct snaps up Carbon Clear
19 July 2017EcoAct, a Paris-based climate change advisory firm, has acquired Carbon Clear of the UK for an undisclosed sum.
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M&A 2017: Acquisition of Saft Group by Total
30 June 2017Oil and gas giant Total said its $1 billion (€0.95 billion) acquisition of French battery manufacturer Saft would accelerate its move towards cleaner energy
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Deals of the Year 2017
30 June 2017Environmental Finance's 10th annual Deals of the Year awards are all about opportunities – investments flowing into businesses that are aligned with the low-carbon economy or are part of solutions to the problem of climate change.
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Oil & gas companies risk $2.3trn in stranded assets
21 June 2017$2.3 trillion of future upstream investments by 69 oil & gas companies is at risk of becoming stranded assets, according to a new report by Carbon Tracker Initiative and the Principles for Responsible Investment (PRI).
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Devon shareholders reject climate resolution
08 June 2017Shareholders of US oil company Devon Energy have voted against a resolution calling on the company to do more to report on climate change at its annual general meeting (AGM).
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Shareholder climate success at Exxon
31 May 2017A shareholder resolution calling for ExxonMobil to do more to tackle climate change received a significant majority, despite not being backed by the board.