Displaying 1 - 5 of 5
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A new engagement campaign could help reduce supply chain risk, according to investor group with $2.1 trillion assets under management.
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Among its pledges are a 40 percent reduction in its oil and gas output by the end of the decade.
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The new 2039 target builds on existing goals to reach carbon neutrality across its operations and halve its value chain emissions by the end of the decade.
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While some investors welcomed the latest net zero pledge from a leading oil giant, others believe the announcement was a 'clear attempt to stave off a shareholder rebellion at its AGM.'
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That's according to a BloombergNEF report that calls policy support for the hydrogen economy 'insufficient.'