Exxon adds Ubben to board ahead of AGM

ExxonMobil has appointed Jeff Ubben to its board, in an apparent concession to demands made by the activist…

Carbon,IMPACT,People,Stranded Assets

Exxon urged to implement net zero targets, board reshuffle

Corporate,IMPACT,Stranded Assets

Rio Tinto presents 'Scope 3 targets', will give 'say on climate' at 2022 AGM

Mining company Rio Tinto said it has set Scope 3 emissions reduction goals and announced that it intends…

Carbon,Corporate,Stranded Assets

TPI warns of failure by heavy industry companies to prepare for transition

An investigation by the Transition Pathway Initiative into 111 heavy industry companies has found that…

Carbon,Stranded Assets

News Round Up: Glencore, Fitch Ratings, Net Zero Asset Owner Alliance, GFI, and more

Carbon,ESG,Investment,Policy,Renewables,Stranded Assets

Physical climate risk disclosure initiatives still lacking, says WRI

Climate risk disclosure initiatives are still lacking in their coverage of several key physical risks,…

Investment,Policy,Stranded Assets

Stranded assets are a long-term risk for major fossil fuel exporters

The transition to a low-carbon economy could be a similar shock to oil revenue as occurred in 2013-2016 and again in 2018-2020, when two oil exporters defaulted, says Ed Parker.

Debt,Stranded Assets

Five principles for building effective green taxonomies

Ian Simm shares some of his learnings from 20 years' experience of creating taxonomies.

ESG,Investment,Policy,Stranded Assets

In conversation with Insure our Future's Peter Bosshard

The coordinator of the campaign group Insure our Future (formerly Unfriend Coal), Peter Bosshard, looks at progress made in 2020 and highlights the roadmap for 2021. Interview by Vincent Huck

Insurance,Stranded Assets

Coal, Covid-19 and the rise of renewables

The pandemic has given a boost to the energy transition, and it is unlikely that this trend will drop off as we move to a recovery, amid the realisation that renewables are much cheaper than 'dirty' energy sources, says Paul Flood

Renewables,Stranded Assets