Supporting the carbon-intensive industry undermines asset owner’s efforts to upscale sustainable solutions.
With the potential of Trump 2.0 looming, many fear an arch-conservative climate-denying manifesto could become official policy.
Withdrawals and majority votes are delivering high-quality strategies by companies, according to sustainability advocacy non-profit Ceres.
Political pressures in the US have prompted fund outflows, greenhushing and a fall in support for shareholder resolutions, but views differ on how deep they run.
The Supreme Court’s overturning of a 40-year-old precedent has opened litigation floodgates, but investors can be the “voice of reason”.
Paul Bodnar says the backlash against the controversial moniker in the US means it’s time to think beyond the concept.
Shareholder dissent over “governance failure” expected to intensify, after dip in director support at AGM.
Policies and principles aim to heighten VCM participation and support investment in developing markets’ clean energy transition.
Barack Obama’s former Deputy Treasury Secretary warned investors against “intellectual surrender” to fossil fuel sector and climate change deniers.
Further pushback is expected, but experts say the global climate transition makes disclosure rules inevitable.
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