Toyota Climate Resolution Receives Backing From ISS
Proxy adviser Institutional Shareholder Services (ISS) has thrown its support behind a climate change resolution that is set to be introduced in the Toyota Motor Corp's next shareholder meeting. The resolution calls on Toyota to provide more disclosure to shareholders with regard to its...
G7 Resumes Support for Gas Investments in Latest Meeting
The Group of Seven nations agreed during their meeting on Saturday to reinstate support for gas investments amid concerns by climate change activists that this move could compromise climate change goals. The G7 called this a "temporary" step that would help the nations concerned...
Institutional Shareholder Services Advises Shell Stakeholders to Vote Against Climate Resolution
Proxy advisory firm Institutional Shareholder Services (ISS) warned Shell stakeholders on Saturday to vote against a climate activist resolution that has been introduced by the firm while still admitting that it does notice the merits of the proposal.
Shell investors are set to vote on...
EU Reaches Deal to Boost Carbon Market
European Union negotiators reached a deal on Sunday that will see the bloc reduce its CO2 emissions faster while accelerating its carbon market. In addition, the agreement will introduce new CO2 costs on fuels used in road transport and buildings which will come into...
Norway’s Wealth Fund Sets Zero-Emission Goals For Holdings
Norway's wealth fund announced on Tuesday its decision to push its zero emissions goals. The world's largest wealth fund stated that it will be pushing companies in its investment portfolio to cut their greenhouse gas emissions to zero by 2050, thereby aligning with the...
ING Says High-Emitting Sectors on Course to Reach Climate Goals
Banking and financial services company ING stated that five of the highest-emitting sectors that it serves, including auto and power, are on course to achieve new climate targets set by the Dutch firm.
"We have updated the pace at which the decarbonization needs to...