Archive

Shell wins climate strategy investor approval - for now

Shell's transition strategy divides opinion

Forward-looking metrics need improved methodologies, says TCFD consultation

Results from a Task Force on Climate-related Financial Disclosures (TCFD) consultation have underlined the challenges facing forward-looking metrics - yet most respondents believe they could yet be useful if their methodologies are improved.

$8trn investors back IIGCC 'Net Zero Investment Framework' launch

Shell's 'say on climate' commitment welcomed by investors

Oil and gas supergiant Royal Dutch Shell has tightened its net zero emissions commitment, in a move welcomed by investors from the Climate Action 100+ collaborative engagement initiative.

TCFD advised to abandon implied temperature rise metric

The Task Force on Climate-related Financial Disclosures (TCFD) secretariat should not include in its list of recommended disclosures estimates of the 'climate warming potential' of assets, according to the Transition Pathway Initiative (TPI).

Investor-backed mining and tailings initiative outlines next steps

Oil and gas majors release joint transition principles

Eight energy companies - BP, Eni, Equinor, Galp, Occidental, Repsol, Royal Dutch Shell and Total - have jointly developed a set of energy transition principles.

Just 18% of transport firms have Paris-aligned climate targets, says TPI

Less than a fifth of transport firms have set carbon emissions reduction plans that are aligned with the Paris Agreement targets, according to a report by the investor-backed Transition Pathway Initiative (TPI), with the airline industry the worst performer.

$42bn Australian pension fund settles climate court case

The AUD60 billion ($42 billion) Retail Employees Superannuation Trust (REST) pension fund has settled a court case brought against it by a member over its handling of climate change risk, which could spark further legal climate challenges at pension fund managers.