Archive

  • Glencore bows to CA100+ over coal

    20 February 2019

    Mining giant Glencore’s pledge to curb its coal production capacity has been welcomed as a victory for investor engagement by Climate Action 100+ (CA100+) members.

  • Oil & gas companies 'jeopardise shareholder returns by rewarding executives for chasing growth'

    14 February 2019

    Shareholder returns are at risk from remuneration schemes that incentivise executives at oil and gas companies to chase volume growth, a report argues.

  • Investors with $1.9trn slap Exxon with new climate resolution

    17 December 2018

    Investors have issued a fresh set of demands on oil and gas giant ExxonMobil, this time calling on it to set targets to lower its emissions in line with Paris Climate Agreement.

  • Shell says it faces 'low risk' of stranded assets

    12 April 2018

    Oil and gas giant Shell said there is "low risk" of it having stranded assets, and predicted as much as 80% of its proved oil and gas reserves will be produced by 2030.

  • Exxon takes encouraging disclosure steps but must go further, investors say

    08 February 2018

    The latest climate-related disclosures by oil giant ExxonMobil fail to go far enough in setting out how climate change is likely to impact its business, say an influential group of investors that led last year's successful shareholder resolution against the company.

  • Shareholder action forces oil giant Exxon to increase climate disclosures

    12 December 2017

    ExxonMobil is to start publishing reports on how policies to reduce global warming affect its profits, a move which marks a major victory for shareholder action on climate change, according to New York State Comptroller Thomas DiNapoli.

  • Shareholder climate success at Exxon

    31 May 2017

    A shareholder resolution calling for ExxonMobil to do more to tackle climate change received a significant majority, despite not being backed by the board.

  • Oil companies beginning to act on climate change, says report

    15 May 2017

    Some of the largest global oil and gas companies such as Statoil, Eni and Total are beginning to act on climate change. However, laggards like ExxonMobil are considerably behind these companies, according to a report from major investors.