Set climate targets, power sector told by investors with $11trn in assets
Twelve of Europe’s highest-emitting power companies have been instructed to set out Paris-aligned transition plans by a group of investors with $11.5 trillion in assets under management (AUM), as they warn of the ‘potentially catastrophic’ effects of climate change.
Norges Bank gives boost to Exxon and Chevron climate change resolutions
Norges Bank's backing of climate change resolutions at ExxonMobil and Chevron will boost investor confidence in their outcome, according to one engagement specialist.
The Paris agreement - success or disappointment?
There is scepticism around whether the climate deal can deliver on its targets. But Bruce Duguid is optimistic it will pave the way for real change – and argues that investors have a key role to play
The major trends for corporate engagement in 2015
Carbon risk, water stress and air pollution will be among the biggest themes for corporate engagement this year, argues Bruce Duguid