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Climate change
Researchers say emissions target would penalise future companies and stamp out innovation.
The decision comes after a recent intervention by the EU financial stability watchdog.
Pressure builds on Aussie oil giant’s chair Richard Goyder as global investors pre-declare votes ahead of AGM on Wednesday.
Kiwi supervisor reworked NGFS scenarios to add increased severity of physical and transition climate risks.
UK pension pool and other climate proposal co-filers push back against oil major’s criticism.
US faith investor targets chief executive and lead director in SEC filing following US oil major’s ‘hostile treatment’ of shareholders.
The latest developments in sustainable finance: Shell urges shareholders to vote against Follow This climate resolution; Rathbones considers voting against Exxon directors.
UN-convened net-zero asset owner group publishes fourth target setting protocol, covering private markets for the first time and including a pilot on sovereigns.
Central bank body also found emerging market banks more upbeat about the cost of transition plans than developed market peers.
The climate targets initiative has been accused of sidelining staff and advisory bodies.