Displaying 1 - 6 of 6
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Article
But its commitment is slammed by campaigners as 'empty' and an 'attempt to buy time' due to its failure to commit to divest from coal and oil and gas.
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Despite challenges in going virtual during the 2020 annual general meeting season, shareholder action on climate change is as strong as ever.
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Article
Around a third of investors, including the world's largest asset manager, voted for changes to the oil giant's governance to help drive bolder climate action
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Article
Current financial models drive a year-to-year perspective but biodynamics and sound agronomic practices should at a minimum be in five-year cycles.
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Transition Pathway Initiative, backed by investors boasting $19 trillion of capital, welcomes stronger climate pledges from leading oil firms, but warns sector is a long way from delivering adequate decarbonization plans.
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The modifications, proposed in November and now out for public comment, seem to have been advocated by a network of oil and gas interests.