Commission’s decision to exclude first corporate lobbying shareholder resolution in more than a decade has raised concerns for investors. A second Donald Trump presidency and his pick to lead the US Securities and Exchange Commission (SEC) poses risks to shareholder rights and investor attempts to scrutinise corporate lobbying. Industry experts expect Trump’s re-election and the appointment of nominee Paul Atkins…
SEC Changes Threaten US Investors’ Lobbying Push
Commission’s decision to exclude first corporate lobbying shareholder resolution in more than a decade has raised concerns for investors. A second Donald Trump presidency and his pick to lead the US Securities and Exchange Commission (SEC) poses risks to shareholder rights and investor attempts to scrutinise corporate lobbying. Industry experts expect Trump’s re-election and the appointment of nominee Paul Atkins…
UK Asset Owners Challenge Shell’s LNG Gamble
Shareholder resolution warns of value erosion, calls for increased transparency of strategy alignment with climate goals. Oil and gas major Shell’s big bet on liquefied natural gas (LNG) contradicts its pledge to achieve net zero by 2050, a group of UK-based asset owners has argued. Shell has plans to grow its LNG business by 20-30% by the end of the…
UK Asset Owners Challenge Shell’s LNG Gamble
Shareholder resolution warns of value erosion, calls for increased transparency of strategy alignment with climate goals. Oil and gas major Shell’s big bet on liquefied natural gas (LNG) contradicts its pledge to achieve net zero by 2050, a group of UK-based asset owners has argued. Shell has plans to grow its LNG business by 20-30% by the end of the…
UK Asset Owners Challenge Shell’s LNG Gamble
Shareholder resolution warns of value erosion, calls for increased transparency of strategy alignment with climate goals. Oil and gas major Shell’s big bet on liquefied natural gas (LNG) contradicts its pledge to achieve net zero by 2050, a group of UK-based asset owners has argued. Shell has plans to grow its LNG business by 20-30% by the end of the…
UK Asset Owners Challenge Shell’s LNG Gamble
Shareholder resolution warns of value erosion, calls for increased transparency of strategy alignment with climate goals. Oil and gas major Shell’s big bet on liquefied natural gas (LNG) contradicts its pledge to achieve net zero by 2050, a group of UK-based asset owners has argued. Shell has plans to grow its LNG business by 20-30% by the end of the…
UK Asset Owners Challenge Shell’s LNG Gamble
Shareholder resolution warns of value erosion, calls for increased transparency of strategy alignment with climate goals. Oil and gas major Shell’s big bet on liquefied natural gas (LNG) contradicts its pledge to achieve net zero by 2050, a group of UK-based asset owners has argued. Shell has plans to grow its LNG business by 20-30% by the end of the…
UK Asset Owners Challenge Shell’s LNG Gamble
Shareholder resolution warns of value erosion, calls for increased transparency of strategy alignment with climate goals. Oil and gas major Shell’s big bet on liquefied natural gas (LNG) contradicts its pledge to achieve net zero by 2050, a group of UK-based asset owners has argued. Shell has plans to grow its LNG business by 20-30% by the end of the…
UK Asset Owners Challenge Shell’s LNG Gamble
Shareholder resolution warns of value erosion, calls for increased transparency of strategy alignment with climate goals. Oil and gas major Shell’s big bet on liquefied natural gas (LNG) contradicts its pledge to achieve net zero by 2050, a group of UK-based asset owners has argued. Shell has plans to grow its LNG business by 20-30% by the end of the…
BlackRock Exits Net Zero Coalition, Says Move Won’t Change How it Manages Investments
BlackRock announced that it has decided to leave the Net Zero Asset Managers (NZAM) initiative, a major multi-trillion dollar group of investment managers committed to supporting the goal of net zero greenhouse gas emissions by 2050, marking a significant symbolic victory for anti-ESG politicians who had been threatening the investment giant over its participation in the coalition. Despite exiting the…