Climate change – Page 64
-
NewsChurch of England leads shareholder rebellion at Exxon
More than 40% of shareholder votes support splitting chairman and CEO roles as investors increase pressure over climate change measures
-
News
FCA urged to investigate fund manager voting policy ‘market failure’ [updated]
Pensions minister tells ‘obstructive’ fund managers to shape up on corporate governance after trustee association files official complaint with UK regulator
-
News
BP investors press company on climate change reporting, targets
Management-backed shareholder resolution gets more than 99% of votes, but Follow This hails backers of its separate resolution as the ‘heroes’
-
News
LGPS investment costs hit £1bn as cost code sheds light on fees
Public sector pension funds in England and Wales reported higher investment costs after a new code of transparency started to take effect
-
News
ESG roundup: Another investor culls tobacco firms
Also: AP7 hails climate change actions by German firms RWE and BASF to address lobbying concerns
-
News
Climate change protesters disrupt pensions conference
Extinction Rebellion representatives press government minister to scale back LGPS’ investments in fossil fuels
-
News
Church fund to vote against entire Exxon board over climate change
Church of England’s £8.3bn endowment fund joins forces with New York public pension fund to increase pressure on oil giant
-
News
Folksam greens SEK80bn foreign portfolio by halving share count
Swedish provider’s equity reshuffle has reduced the carbon footprint of the portfolio by 20%, as it cuts oil sands and coal-related companies
-
News
KLP purges NOK3.2bn of shares as coal ban goes total
The Norwegian pension fund has reduced its coal tolerance limit to just 5% of a company’s revenue, cutting RWE, Sasol and BHP from its portfolio
-
News
Investors urge UK to act on 2050 zero emissions target advice
The UK’s business and energy secretary has pledged that the government ‘will do more’ amid grpwing investor pressure for action
-
News
What does aligning with the Paris climate agreement mean?
An asset owner project launched by the IIGCC aims to develop a common understanding and support implementation of the landmark agreement’s aims
-
NewsABP ‘on track’ to meet 2020 sustainability target
Investments linked to the SDGs increased to €55.7bn – but campaign groups claim the €431bn scheme is investing more in major carbon emitters
-
NewsInternational bodies seek to address corporate climate data demands
Standard setters collaborate on resource to help bridge TCFD “implementation gap”
-
NewsGovernments urged to provide long-term decarbonisation clarity
Investors and corporates say policy makers need to set ‘direction of travel’ to enable them to act
-
NewsOil companies not attractive without climate commitment, say managers
UKSIF and Climate Change Collaboration find nearly a quarter of managers believe oil companies are uninvestable
-
News
Climate risk: Central banks call for action on disclosure, taxonomies
Network for Greening the Financial System issues recommendations aimed at central banks but also policymakers
-
Special Report
Climate change mitigation is a good investment
International support is needed to reverse the vicious circle of climate vulnerability and higher cost of capital in developing countries
-
Opinion Pieces
Long Term Matters: Climate Change
Divestment advocates or traditional investors – which side will lead?
-
Opinion Pieces
Climate change: Incentives are the way forward
Generally missing from the discussion on climate change is an identification of the incentives that can drive change
-
Features
Interview: Institutional Investors Group on Climate Change
Peter Damgaard Jensen tells Susanna Rust about the need to keep up the momentum on climate change and develop more green investment opportunities for institutional investors
