Shell’s scope 3 emissions face scrutiny in fractious AGM
Shell's 2023 AGM drew focus on the oil giant's energy transition strategy but shareholders rejected a resolution demanding clearer commitments for Scope 3 emission targets.
Activism
Can investment decisions and net zero strategies live in separate silos?
Net zero heavyweights discussed the flaws in the sector's current approach to risk assessment during a panel discussion in London
Stewardship and engagement: the passive funds conundrum
The three biggest shareholders in oil and gas firms are passive fund managers. What does this mean for stewardship on climate change?
Smoke and mirrors: Listed firms fail to meet 1.5C target
"Smoke and mirrors: 83% of listed firms fail to meet 1.5C target
Proxy season in full swing: Investors press for net zero action but with limited results
Votes at Chevron and Volkswagen highlight increased director accountability despite most net zero-related motions not making it so far this proxy season
Shell’s upcoming AGM showcases the challenges for shareholder activism
Activist asset owners are gearing up to oppose the reappointment of Shell’s chair and challenge over shortcomings in the oil giant’s climate targets
Asset owners challenge Toyota on climate lobbying
A trio of major asset owners has put forward a resolution for Toyota’s upcoming AGM, challenging the car giant on its climate lobbying practices and alignment with the Paris Agreement.
Investor mood turns sour on biodiversity: ‘it is a scary zone’
Panellists at a conference in Paris expressed their concern about the biodiversity investment space as a host of challenges throw doubt on how fast they can move
Proxy season with a twist: The rise of the activist shareholder
This year’s proxy season has pushed a new set of actors to the forefront as environmental advocacy groups are making their presence felt at AGMs
CA+100 co-lead targets Chevron directors over climate lobbying
Investors in US energy giant Chevron, including Wespath are gearing up to oppose the reappointment of two directors for their failure to comply with climate commitments.
Insurers doubling down on fossil fuels causes a storm ahead of AGMs
In proxy statements, a range of large insurers reject resolutions that urge them to stop underwriting new fossil fuel projects