Tag: Climate Action 100+

Call to reduce ‘burden’ of UK Stewardship Code
London’s Capital Markets Industry Taskforce asks watchdog to move from ‘apply and explain’ model to ‘comply or explain’.

BlackRock declines to support anti-ESG shareholder resolutions
Fund manager refuses to back resolutions “seeking to roll back efforts to address material sustainability-related risks”.

Norges Bank reinforces ESG standpoint
CEO Nicolai Tangen underlines that caring about companies’ environmental impact makes for ‘good long-term investing’.

European investors lead the US on ESG demands
But American investors are more likely to disclose their shareholder activism than EU counterparts, recent research reveals.

‘Easy’ carbon targets keep executive pay high
Executives get ESG pay-outs despite ‘inadequate progress’ on carbon emissions, London Business School research suggests.

Say-on-climate voting is on the up, but investor support falls
US shareholders tend to approve companies’ climate plans, while support is waning among European shareholders, finds study.

Climate change ‘is biggest risk factor for businesses’ say CEOs
Survey by KPMG highlights chief executives’ growing concern over the impact of climate change, with 76% claiming their organisations’ future growth depends on their ability to navigate the shift to a low-carbon economy.