Divestment
Church of England to launch climate investment tracker
Church Commissioners say Transition Pathway Initiative will allow them to hold major polluters to account at shareholder meetings
Climate divested funds now bigger than listed oil, gas sector
Outgoing UN chief hails news as value of organisations ditching polluting fossil fuels doubles to $5tn in 2016
Think tank takes “unburnable carbon” warnings to Wall Street
The Carbon Tracker Initiative, hailed by US environmentalist Bill McKibben for changing the climate debate, is opening an office in New York
Exxon and climate change: Why it’s better to engage than divest
Investors must stay involved with oil majors rather than exit and allow a far more dangerous off market game to ensue
Risky bet: Does divestment slow or speed green growth?
Head of France’s top public pension fund says engagement on climate change within companies can deliver results
Embrace 2C climate target to boost value, oil majors told
Limiting exploration in line with climate goals makes financial sense, says Carbon Tracker ahead of ExxonMobil, Chevron AGMs
FTSE launches fossil-free, green economy index
Tesla and Vestas replace the likes of ExxonMobil and Rio Tinto in product to help investors back low carbon economy
Big oil spent $115m ‘obstructing’ climate laws in 2015, NGO says
NEWS: Lobbying spend of Shell, Exxon Mobil and trade groups estimated in transparency effort
JP Morgan: Coal investments on par with child labour
NEWS: Bank says it will stop funding new coal mines or plants in the 30 OECD nations, but could still back projects in developing world
Meet the investors pushing climate reality on carbon majors
ANALYSIS: Through shareholder resolutions, the Aiming for A coalition is getting coal, oil and gas companies to face up to global warming
Australia, Japan, US coal burners face ‘utility death spiral’
NEWS: Old power generators are losing market share to wind and solar, say Oxford University analysts, in environmental risk report for investors
Investors pressure mining giants to phase out coal
NEWS: Funds worth US$4 trillion are calling on Anglo American, Glencore and Rio Tinto to assess their exposure to climate risk
In Paris, polluters in focus as investors shun climate risk
ANALYSIS: So far, the most visible investor impact of climate change is divestment. But a bigger, quieter shift has started, to low carbon, and “climate aware” polluters
Michael Bloomberg to lead FSB climate risk task force
NEWS: UN envoy and former New York mayor named as chair of initiative for Financial Stability Board, at COP21 in Paris
Charities should ditch fossil fuel investments, says top lawyer
NEWS: Climate damage from burning coal, oil and gas conflicts with anti-poverty, health and environmental missions, argues British QC
Europe’s largest insurer Allianz to pull funds from coal
NEWS: German company holding €2 trillion worth in assets said it will shift an estimated €4 billion into clean energy
Prince Charles warns financial sector of climate risk
NEWS: Heir to British throne asks investors if they will be ‘future takers’ or ‘future makers’ at City of London event on stranded assets
Norway’s oil-rich capital first to divest from fossil fuels
NEWS: Oslo “takes responsibility for climate” in ridding $9 billion pension fund of coal, oil and gas investments say surging Greens
Fossil fuel divestment accelerates as pledges pass $2 trillion
NEWS: Scale of ditched assets enters trillions of dollars, smashing expectations as private firms lead charge, study says
California state pension funds to divest from coal
NEWS: CalPERS and CalSTRS will sell up to US$240 million in mine holdings after lawmakers’ decision, in win for campaigners