Archive

  • Oil majors to pilot net zero model that pits winding-down as 'legitimate' strategy

    15 September 2021

    BP, Eni, Repsol, Shell and Total are the first oil companies to agree to pilot an investor-led standard that is designed to improve comparability of transition plans, and "acknowledges winding-down as a legitimate strategy".

  • Eni SLB 'a step in the right direction' - but oil firms risk 'fairytale' net zero targets

    09 June 2021

    The €1 billion ($1.2 billion) sustainability-linked bond (SLB) from Italian oil supermajor Eni - believed to be the first from an oil and gas firm - was described by investors as a "step in the right direction," but questions remain over its reliance on offsets and its ambition levels.

  • Green bond comment, June 2021: Are oil and gas firms still locked out of the sustainable bond market?

    02 June 2021

    The labelled bond market needs to start helping dirty issuers finance the transition, argues Peter Cripps

  • News round-up: BlackRock, The IA, Nasdaq and more...

    01 June 2021

  • BlackRock releases proxy votes, shows 'improvement'

    01 June 2021

  • Total secures shareholder backing for controversial climate strategy

    28 May 2021

  • Eni publishes 'first' sustainability-linked financing framework for oil sector

    20 May 2021

    Italian oil supermajor Eni has published its sustainability-linked financing framework supporting its 2050 net-zero emissions goal, believed to be the 'first' such framework from the oil and gas sector.

  • Setting science-based target for Total bond plan 'not easy', Pouyanné says

    13 May 2021

    The boss of French oil major Total said the company is working hard to find a Paris Agreement-aligned target for its sustainability-linked bonds, but that the process is "not easy" because of the politics inherent in climate scenarios and the "religious" approach adopted by NGOs.

  • Investor failure to vote for near-term climate targets would be hypocrisy, Hohn says

    23 April 2021

    Investors who do not support shareholder resolutions that aim to force major polluters to set near-term emissions reduction targets in line with the goals of the Paris Agreement have been warned that they would be guilty of "absolute greenwashing and hypocrisy".

  • Total commits to issuing only sustainability-linked bonds

    15 February 2021

    French oil supermajor Total has committed to all its new bond issues being 'sustainability-linked', in another boost for the nascent market.