Two years after ‘iconic’ Exxon moment has engagement delivered results?
Asset managers vocally backed climate engagement in 2021 – now calls are growing for them to demonstrate progress
ExxonMobil
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Asset managers ignore climate pledges to invest $400bn in oil and gas
Carbon Tracker report finds 25 NZAM members invested in the sector
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Asset managers ignore climate pledges to invest $400bn in oil and gas
Carbon Tracker report finds 25 NZAM members invested in the sector
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Alliance to End Plastic Waste members accused of ‘greencrowding’
Household names that have pledged to end plastic waste are ‘barely making a dent’
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Alliance to End Plastic Waste members accused of ‘greencrowding’
Household names that have pledged to end plastic waste are ‘barely making a dent’
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Variability in ESG ratings makes a murky picture for investors
Different methodologies and scales can cast the same security in a different light
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Variability in ESG ratings makes a murky picture for investors
Different methodologies and ratings scales can cast the same security in a slightly different light
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HSBC plans 34% emissions cut to oil and gas finance by 2030
However, bank comes under fire for loopholes in its climate targets
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PRI conference: Active owners get tough on fossil fuel’s climate lobbying
Engagement is focusing on trade association membership to ensure companies are aligned with shareholders’ long-term interests
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Most ESG and climate funds not Paris-aligned
InfluenceMap report findings will concern investors expecting outperformance on climate criteria
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Will asset managers divest entirely from fossil fuels?
Refinitiv’s Detlef Glow says if fossil fuel companies are shunned, there will be no incentive to embrace renewables or a more sustainable future
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BlackRock updates on engagement progress since January ESG pledge
Investment behemoth has ramped up its climate-related engagement with companies in carbon-intensive sectors