Tags ArchivesCDP

New Investor Report: Oil & gas companies show progress on climate change, but laggards like ExxonMobil remain way behind standard

In a new report, published today, global investors conclude that some of the largest global oil and gas companies such as Statoil, Eni and Total are well ahead of others like ExxonMobil when it comes to climate change management and disclosure. Investor Climate Compass: Oil and Gas – Navigating Investor Engagement is a joint report from the four investor networks that make up the Global Investor Coalition on Climate Change (GIC) and CDP. It analyses the impact of persistent climate-focused investor engagement – through private dialogue and public challenge via shareholder resolutions – on 10 large oil and gas companies in North America and Europe. The report confirms that investor engagement has had a discernible impact on board and executive ...

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Over 280 global investors (managing more than $17 trillion in assets) urge G7 to stand by Paris Agreement and drive its swift implementation standard

UPDATE: London/NY/Sydney 00.01 GMT Monday 22 May 2017 (revised from material previously issued on 8 May 2017) Over 280 global investors (managing more than $17 trillion in assets) urge G7 to stand by Paris Agreement and drive its swift implementation. 282 long‐term institutional investors representing more than USD $17 trillion in assets have written to G7 heads of state urging governments to stand by their commitments to the Paris Agreement at their upcoming Summit in Taormina, Italy on May 26‐7. Reiterate their support for and commitment to implement the Paris Agreement, including the delivery of their own Nationally Determined Contributions in full. Bring forward focused and targeted long-term climate and energy plans that will ensure their future actions align with ...

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