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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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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Investors back EU plan for human rights due diligence rules

EU adds financial services to due diligence proposal  


Proposed legislation will hold financial services firms based in or operating in the EU accountable for human rights and environmental violations in their value chain.  

The latest draft of the European Commission’s …

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BP petrol station rooftop

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 …

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UNEP logo, convenor of UNEPFI, a cofounder of the TNFD

Pilot test shows TNFD requires further guidance 

April 13, 2023


Taskforce on Nature-related Financial Disclosures (TNFD) requires further guidance, according to results from pilot testing of the beta framework. 

The UNEP FI-led pilot found that the current version of the …

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