Shell petrol station

Shell faces high dissent on climate

May 25, 2023


Climate investors face disappointment as Shell shareholders vote against a resolution to reduce emissions in line with the Paris Agreement. 

During Shell’s annual general meeting on May 23, shareholders rejected the …

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Glencore Mine, Mt Isa, Queensland, Australia

Glencore faces investor unrest at AGM 

May 23, 2023


Mining company Glencore faces increased pressure from investors seeking greater transparency on how its thermal coal production aligns with the Paris Agreement.  

Ahead of the annual general meeting on May …

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EU, European Parliament

EU votes to ban unsupported carbon neutral claims  

May 17, 2023


The European Parliament has voted to support a proposed ban on environmental claims that are based solely on carbon offsetting schemes. 

The ‘Directive on Green Claims’ would …

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Cologne,,Germany,-,August,25,,2016:,Toyota,Dealership,Sign,Against

Toyota facing investor climate transparency push

May 16, 2023


Japanese car giant Toyota is being urged to strengthen its reporting around climate change activities, after a proposal was successfully added to its upcoming Ordinary General Meeting.

Proposed Resolution 4, …

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ASIC

ASIC cracks down on greenwashing

May 12, 2023


Australia’s financial watchdog has been taking active steps to address greenwashing with 35 interventions in the space of nine months.

In a new report, the Australian Securities and Investments Commission (ASIC) …

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Shell petrol station

Shell climate resolution gains support 

May 11, 2023


Lead investors engaging Shell under Climate Action 100+ have indicated their intention to support a climate resolution requiring the company to align its scope 3 emissions targets with the Paris Agreement.  

Dutch …

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Davos sustainability

$10trn coalition urges plastic crisis action 

May 10, 2023


An investor coalition overseeing $10trn in assets has called for urgent action from the consumer goods and grocery retail sector to address the plastic crisis. 

In a joint statement, 185 …

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Consumer groups slam attempt to delay SRD II

Investors show dissatisfaction with BP’s climate strategy

May 5, 2023


BP is under pressure to align its Scope 3 emission reduction plans with the Paris Climate Agreement after investors backed a shareholder resolution at its AGM. 

At the meeting late …

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Moderna logo

Moderna faces shareholder backlash on remuneration

May 5, 2023


Moderna, the Cambridge-based biotech firm, has found itself in hot water for executive pay in the lead-up to its annual general meeting.

The controversy centres on the $393m netted by CEO …

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Florida,Governor

Florida passes anti-ESG bill  

April 5, 2023


Florida has become the latest Republican state to prohibit the inclusion of ESG considerations in investment decisions, following similar legislation that passed in Kansas.  

Governor Ron DeSantis signed an anti-ESG bill to require …

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