Archive

CA100+ needs to stop members working against each other, say investors

The Climate Action 100+ (CA100+) collaborative engagement initiative needs to stop its members working against each other, investors have told Environmental Finance.

PGGM to support climate resolutions at Shell

PGGM Investment Management has announced support for a resolution calling on Shell to set Paris-aligned Scope 3 emission reduction targets for 2030.

IIGCC engagement initiative 'is next chapter' after CA100+

The Institutional Investors Group on Climate Change (IIGCC) has launched an initiative to broaden investor engagement with corporates on climate change, beyond the largest companies covered by the Climate Action 100+ (CA100+) initiative.

Share buybacks must not come at the cost of transition, say MN and PGGM

Oil and gas giants should use record profits to buy back shares only if they do not come at the expense of investing in a "feasible" strategy to limit global temperature rise to 1.5°C, according to MN and PGGM.

€1.5trn Dutch investor group sets 2024 oil firm transition expectations

A group of seven Dutch asset managers with a combined €1.5 trillion ($1.7 trillion) in assets has published three core climate transition expectations for oil and gas firms to accelerate...

Biodiversity briefing afternoon round up

The event was opened by Banque de France's Alexandre Gautier, who called for central banks and investors not to wait for "more information" before acting on the biodiversity impact of investment portfolios.

PGGM: Biodiversity metric standardisation project 'music to our ears'