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Is Climate Action 100+ pushing hard enough?
19 July 2019The heavyweight investor engagement initiative has won some victories with fossil fuel giants. But should it be demanding more, asks Elena K Johansson.
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BP climate change resolution passes with 99% support
22 May 2019A shareholder resolution calling on BP to prepare a business strategy consistent with the 2015 Paris Agreement on climate change secured 99.14% of votes at the oil giant's annual general meeting.
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BP climate resolution receives record investor support
16 May 2019Investor support for a BP climate shareholder resolution represents a new "global best", according to the Institutional Investors Group on Climate Change (IIGCC).
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Success of $32trn Climate Action 100+ ‘at risk’, say NGOs
12 April 2019The success of the Climate Action 100+ (CA100+) collaborative investor engagement initiative is being jeopardised because many investors are failing to fully support it, according to a group of civil society organisations.
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Shell to leave American Fuel & Petrochemical Manufacturers following review of lobbying
03 April 2019Oil & gas giant Shell has published its first report on its lobbying practices, as a result of investor pressure, and has agreed to leave the American Fuel & Petrochemical Manufacturers (AFPM).
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Shell sets first short-term climate targets
15 March 2019Oil major Shell has set short-term targets to reduce its carbon emissions for the first time, in a move that has been welcomed by investors as a significant landmark for climate-related engagement.
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Investors urge steel sector to increase low-carbon tech spend
19 February 2019A network of investors with more than $32 trillion in assets says it expects companies in the highly polluting steel sector to significantly increase spending on new technologies if they are to survive the energy transition.
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Set climate targets, power sector told by investors with $11trn in assets
20 December 2018Twelve 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.
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COP24 sees historic agreement on Paris rulebook, but work remains
17 December 2018A historic agreement on the rules that will govern the Paris Agreement has been sealed at the Katowice climate change conference (COP 24), but countries failed to agree changes to strengthen emissions trading schemes.
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Investors welcome EU's plans to be carbon neutral by 2050
30 November 2018Investors have welcomed the EU Commission's plans to be carbon neutral by 2050.