TPI plans new index to accelerate low-carbon transition
The Transition Pathway Initiative (TPI) – an asset-owner led initiative backed by more than $9.3 trillion in assets – plans to create a new, global, low-carbon equity index.
TPI hails watershed moment for investors in oil and gas
A 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.
Tesla is top CO₂ performer but lags in disclosure, TPI says
Electric vehicle manufacturer Tesla is the best performer in the automobile sector in terms of carbon dioxide (CO₂) emissions, but is let down by its disclosure on the issue, a report has found.
£17bn Church Investors Group to crack down on climate laggards
The UK's Church Investors Group (CIG) will take a harder line on companies failing to take action on climate change by voting against the re-election of directors, as part of its updated proxy voting policy.
Utilities that are renewables leaders have competitive advantage - S&P
European utilities companies that are market leaders in renewables have a clear competitive advantage as the sector transforms, according to a report by S&P.
North American electricity utilities trail European counterparts in transition to low-carbon economy
Electricity utilities are, on average, not reducing emissions fast enough to be in line with a scenario that would limit climate change to the Paris Agreement's 2°C target, a Transition Pathway Initiative (TPI) study has found.
Transition Pathway Initiative grows to £3trn of AUM
New investors have joined the Transition Pathway Initiative (TPI), which can now claim to be supported by £3 trillion ($3.88 trillion) of assets.