Rio Tinto: what does it take for engagement to succeed?
Recent developments at Rio Tinto and J-Power offers some clues for successful stewardship strategies
Emissions
Shell AGM: shareholders back new energy transition strategy
Shareholders have voted to reject a climate resolution put forward at this year’s AGM whilst backing Shell’s energy transition strategy but calls for more transparency on short-term targets dominated the meeting
California’s new climate rules set a new standard for emissions disclosures
Emmy Shaw, an analyst at Canbury argues that the new climate legislation introduced in California has the potential to have a much wider reach
Does Norway’s sovereign wealth fund have a coal secret?
New research from the Nordic Center for Sustainable Finance says the fund has $18 bn invested in coal
Asset owners call out Shell’s LNG expansion plans
Oil giant Shell is putting Liquified Natural Gas (LNG) at the heart of its expansion plans but ahead of its AGM, asset owners warn it is failing to meet Paris targets
Trustees must take an ‘always on’ approach to TCFD reporting
With the UK pensions regulator reviewing climate risk disclosures, Lara Rutty, director at Cardano examines how trustees gain a better understanding of climate risks in their portfolios
Rebellion brewing as Exxon targets shareholder dissent with No Action requests
Oil giant Exxon Mobil has successfully filed a No Action Request against a resolution put forward by As You Sow, but shareholders are now calling to vote against the board
Carbon credits in the spotlight of SBTi row
The Science Based Targets initiative (SBTi) is embroiled in a row over carbon credits, with some staff calling on their CEO to resign
Pension academic calls for common reporting standard on emissions in Dutch portfolios
While most major pension funds have now adopted net zero targets, a common measure of emissions at portfolio level is still lacking argues Arun Muralidhar, who has examined the carbon footprints of Dutch pension fund portfolios
CDPQ: ’ It is essential not to contribute to increased oil and coal production’
CDPQ's Marc André Blanchard makes the case against investing in new oil and coal projects
Danish pension fund divests from oil and gas firms expanding in production
At Danish pension fund P+'s AGM this week members overwhelmingly backed a resolution to tighten the investors fossil fuel policy