Activism
BP faces legal ultimatum over blocked climate resolution
The campaign group Follow This has given BP a one-week deadline to include its shareholder resolution, warning that the company’s directors could face legal action if they fail to comply, according to a letter seen by Net Zero Investor
Itaú Unibanco, JP Morgan Chase and Bank of America top financiers of Amazon disruption
Global lenders have provided more than $2bn (£1.6bn) in financing for new oil and gas projects in the Amazon so far this year, with Brazilian and US banks emerging as key backers, while many European lenders have scaled back their involvement
Equinor AGM pitches Norwegian state against climate-conscious shareholders
At the Equinor AGM, the Norwegian state used its controlling stake in the oil and gas firm to block a resolution on climate disclosures, but a significant proportion of shareholders disagreed
BP suffers historic shareholder rebellion at 2025 AGM
At BP’s AGM today, nearly a quarter of shareholders opposed the reappointment of the chair, expressing their discontent with the firm’s scaled-back climate ambitions
“If you fund destruction, you’re responsible”: Ugandan activist urges investors to drop TotalEnergies
Ahead of the Total AGM in May Net Zero Investor sat down with environmental scientist Samuel Okulony to find out more about the human and environmental impact of the EACOP pipeline
Follow This pauses shareholder resolutions citing lack of investor support
Dutch campaign group Follow This is not filing any proposals during this AGM season, highlighting growing reluctance among investors to back shareholder activism
As You Sow’s Fugere: ‘SEC’s rule change is a violation of due process’
US shareholder resolutions on climate have dropped by over a third this year, with mid-season changes to SEC rules making it harder to hold firms accountable, warns Danielle Fugere of As You Sow
Nordea shareholders reject resolution on fossil fuel lending
Nordea shareholders have overwhelmingly voted against a shareholder proposal in Helsinki today, asking the firm to cease lending and investment in fossil fuel companies that lack Paris-aligned transition plans
CalPERS pushes back against greenwashing allegations
The Californian pension giant fires back at greenwashing critics, insisting its climate investments are rooted in real-world transition strategies
Green divide: Canada’s pension giants split on climate
As political headwinds and climate impacts worsen, Shift’s latest report card reveals which pension funds are taking action—and which ones are falling behind
How Canadian pension funds’ taste for gas infrastructure could end in disaster
A new report calls out multi-billion-dollar Canadian pension investments in gas infrastructure arguing that false hydrogen claims obscure the risk