SEC reviewing decade-old climate disclosure rules Original rules on climate-related disclosure were originally published in 2010 The Securities and Exchange Commission (SEC) is reviewing its climate-related disclosure rules for companies, which have not been updated since 2010. In a statement, acting chair Allison Herren Lee said the regulator’s staff would be assessing how extensively companies […]
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Energy giant Total has committed to achieving net zero carbon emissions by 2050 or sooner, following engagement with leading investors through Climate Action 100+. The agreement means all Europe-based oil and gas majors are now working towards the net zero emissions goal, according to a statement from the investor advocacy group. Total has set several […]
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Energy giant Shell has committed to taking new action on climate change, including achieving net zero emissions within the next 30 years. The commitment follows engagement with investors as part of Climate Action 100+, the initiative led by the Church of England Pension Board and Robeco. Shell is now planning to become a net-zero emissions […]
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Asset owners must drive the fundamental changes needed to fight climate change in the next five to 10 years before time runs out, a $4 trillion investor alliance has warned. The warning, made at the World Economic Forum event in Davos, comes from the UN-convened Net-Zero Asset Owner Alliance. The organisation’s members pledged to ensure […]
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