Responsible investment advocacy group, ShareAction has called on US asset manager, Vanguard, to demonstrate its commitment to company engagement on climate issues by voting in favour of shareholder resolutions on climate risk at ExxonMobil and Chevron, in an open letter…
Read MoreThe London Stock Exchange-owned FTSE Russell has launched the FTSE Divest-Invest index which will reduce investors exposure to fossil fuel companies while also increasing exposure within the index to companies engaged in the transition to a green economy.
FTSE Russell …
Read MoreMining group, Rio Tinto, which is dual-listed in the UK and Australia, avoided a large scale rebellion over its remuneration report although there was a higher level of dissension than in previous years. The voting results were announced following the …
Read MoreThe share price of Japanese car manufacturer, Mitsubishi Motors, has plunged as the company admitted that incorrect emissions data had been submitted to its government since 1991. Mitsubishi has apologised to shareholders, customers and stakeholders for the deception.
The company …
Read MoreThe 10 largest global food companies have made commitments to improve social and environmental standards in their vast supply chains, according to anti-poverty charity, Oxfam. However, in an assessment of its three-year ‘behind the brands campaign’ Oxfam also said that …
Read MoreEnergy company, Drax, which operates the biggest power station in the UK, faced protest from environmental campaigners at its AGM on Wednesday (20 April 16).
Groups including Biofuelwatch and the London Mining Network joined forces to protest about its business …
Read MoreThe United Nations (UN) held a ceremony at its headquarters in New York for countries to formally sign up to the climate change agreement that was made in Paris at the end of last year. The Paris Agreement enters into …
Read MoreInvestors vote on the first of three shareholder resolutions proposed at Rio Tinto, Anglo American and Glencore AGMs this week calling for reporting by these mining companies into how they are managing carbon emissions and investing in low-carbon energy research …
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