Articles tagged with "#ESG"

المقالات الموسومة بـ "#ESG"

Shell

Activist shareholders target Shell

A group of 27 investors, including Europe’s largest asset manager, have filed a shareholder resolution that calls on Shell to align its operations with the Paris Climate agreement.

environmental impact

Many large firms not disclosing environmental impact: CDP

A campaign to pressure major companies worldwide to reveal their environmental impact says that 1,600 companies, including ExxonMobil and Saudi Aramco, are still not disclosing enough info to investors.

environmental racism

Do “carbon-centric” fixes worsen environmental racism?

A peer-reviewed paper says climate solutions that only cut emissions — like carbon capture or carbon offsets — will do nothing to address longstanding U.S. environmental racism. Instead, a fossil fuel phaseout and a more comprehensive set of solutions is needed.

Shell

Client Earth asks UK court to revise Shell lawsuit dismissal

The environmental law charity is urging a UK court to reconsider its dismissal of the NGO’s landmark Shell lawsuit against the firm’s board of directors over alleged inaction against climate change.

oil major shares

Viral divestment pledges tank gas, oil major shares

Announcements of divestments that go viral on social media have a disproportionate impact on carbon intensive firms by causing oil major shares to tank.

texas LNG

FERC gives greenlight to two Texas LNG projects

Federal regulators dismissed environmental justice and climate concerns related to two large, proposed southern Texas LNG terminals.

methane pollution from LNG

Coastal Louisiana LNG buildout continues

Despite chronic air pollution and equipment malfunctions from an LNG terminal in Cameron Parish, more projects are moving forward.

client earth shell

Client Earth, Shell lawsuit to have ‘snowball’ effect

The world-first Client Earth Shell lawsuit will have a ‘snowball’ effect, prompting other shareholder activist groups to take similar actions, say commentators.

hsbc oil and gas

End to HSBC oil and gas financing: a defining moment?

The halt to HSBC oil and gas direct financing of new fields sets new standards for all banks committed to net zero, say experts.

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UN pushes for verifiable net-zero pledges

A UN expert group is working on standards to ensure that the “avalanche” of net-zero commitments from non-state actors is not just a greenwashing exercise.

Oil and gas majors’ climate plans under scrutiny

Even burning just the oil, gas, and coal in existing fields and mines would far exceed the carbon budget for a 50% chance of staying below 1.5°C warming, a new report has found.

Fossil fuel divestment spreads to gas, says BlackRock exec

The divestment of European banks from fossil fuels projects is slowly but gradually gathering pace, a director at BlackRock, the US investment management firm, said at the Flame Conference in Amsterdam.

China resists warnings over stranded gas asset risks

A massive expansion of China’s gas pipeline network threatens climate goals and creates a $89.1 billion stranded asset risk, showed a new survey, but some in the industry are not taking such warnings seriously.

Is ESG really starving the oil and gas industry of capital?

Some in the oil industry are blaming heightened investor concern over environmental issues as a cause for a shrinking pool of capital, which is leading to supply problems, but experts say the causes are multi-faceted.