BP shareholders demand tighter climate policy April 15, 2023 Follow This has urged shareholders to support its proposal to align BP’s climate policy with the Paris Agreement after the oil giant lowered targets earlier this year. Ahead of BP’s annual shareholder meeting on April 27, the climate activist group has filed resolution 25 to require […]
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British oil giant Shell’s board of directors are being personally sued over an alleged failure to manage climate risks facing the company.
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SEC open to easing controversial climate disclosure proposal February 15, 2023 Enhanced climate disclosure rules in the US could be subject to change after SEC chairman Gary Gensler admitted “adjustments” could be made. The ‘Enhancement and Standardization of Climate-Related Disclosures for Investors’ rules were proposed last year and have invited negative feedback. The proposals will […]
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Tougher CEO pay hits needed to tackle climate change, says report October 15, 2022 Corporate giants need to have tougher pay penalties for their CEOs to meet greenhouse gas (GHG) emissions targets, according to a new report. Environment and social responsibility champions As You Sow have analysed the 2021 CEO compensation packages of the 47 […]
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Market Forces say the time has come for investors to publicly withdraw capital from Santos over its “climate failure”
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The Institutional Investors Group on Climate Change (IIGCC) has collaborated with the Transition Pathway Initiative (TPI) to create an investor-led framework of pilot indicators to assess banks on the transition to net zero.
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A record number of climate-related shareholder votes are expected to be filed with major oil and gas companies in 2022, according to S&P Global Market Intelligence.
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The Science Based Targets initiative (SBTi) is publishing a new ‘Foundations’ paper that provides financial institutions with new concepts for defining and tackling net-zero targets.
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Rio Tinto is under fire from investors following a lack of clarity about climate change risks, questionable audit committee performances, and reports of sexual harassment and bullying.
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A report published by the UN’s Intergovernmental Panel on Climate Change (IPCC) has outlined the “dangerous and widespread disruption” caused by human-induced climate change and warned about the “consequences of inaction”.
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