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Investors back resolution to scrutinise Shell over LNG business

Institutional investors have submitted a shareholder resolution to Shell, asking the company to justify the assumptions behind its liquified natural gas (LNG) growth strategy and explain how it’s consistent with its climate commitments. Brunel Pension Partnership, Greater Manchester Pension Fund and Merseyside Pension Fund – which have combined assets under management of $86bn – are among investors concerned by the…

Investors back resolution to scrutinise Shell over LNG business

Institutional investors have submitted a shareholder resolution to Shell, asking the company to justify the assumptions behind its liquified natural gas (LNG) growth strategy and explain how it’s consistent with its climate commitments. Brunel Pension Partnership, Greater Manchester Pension Fund and Merseyside Pension Fund – which have combined assets under management of $86bn – are among investors concerned by the…

M&G’s Praveg Patil: Bridging the water gap

For millions of people across the world, access to clean water remains a distant reality. With the UN highlighting almost 800 million people lack basic drinking water, this crisis impacts health, dignity, social inequality and economic development. Factors such as demographic and climate change ensure this problem will only get worse. ​There are also political ramifications; 10% of the growth…

GFANZ restructures and shifts focus as more firms leave sub-alliances

The Glasgow Financial Alliance for Net Zero (GFANZ) is set to undergo a significant restructuring in the way it functions and the requirements for participation, as well as a realignment of its key priorities, as more firms exit their key sub-alliance networks. Going forward, GFANZ will transition to an independent ‘Principals Group’, led by CEOs and leaders from sovereign wealth…

Regulatory outlook 2025: Could upheaval lead to overload?

While 2024 was a year of implementation, 2025 is set to be “a defining year for sustainable finance”, according to commentators, with the success of incoming regulations and regulatory change depending on whether they drive meaningful action – or remain a box-ticking exercise. In the UK, the Financial Conduct Authority’s Sustainability Disclosure Requirements (SDR) are still bedding in after a…

Regulatory outlook 2025: Could upheaval lead to overload?

While 2024 was a year of implementation, 2025 is set to be “a defining year for sustainable finance”, according to commentators, with the success of incoming regulations and regulatory change depending on whether they drive meaningful action – or remain a box-ticking exercise. In the UK, the Financial Conduct Authority’s Sustainability Disclosure Requirements (SDR) are still bedding in after a…

New Era: There is a once-in-a-century opportunity to transform our economy in 2025

For PA Future‘s turn-of-year series New Era, members of the sustainable investment community reflect on last year’s developments and share predictions for the coming year, as well as sharing some eco-friendly Christmas hacks and the one thing they want to see under the tree to accelerate the transition. Here, Ed Simpson, head of energy and infrastructure at Gravis, discusses looking past…

Biden Bans New Offshore Drilling Across 625 Million Acres of U.S. Oceans

Biden Bans New Offshore Drilling Across 625 Million Acres of U.S. Oceans

U.S. President Biden Joe Biden announced today the issuance of new Presidential Memoranda aimed at permanently protecting coastal areas from offshore drilling by prohibiting future oil and natural gas leasing across more than 625 million acres of the U.S. ocean. Areas covered by the new leasing bans include entire eastern U.S. Atlantic coast and the Eastern Gulf of Mexico, the…

Bloomberg, Carney-led Climate Finance Group Restructures After String of High-Profile Departures from Net Zero Coalitions

Bloomberg, Carney-led Climate Finance Group Restructures After String of High-Profile Departures from Net Zero Coalitions

The Glasgow Financial Alliance for Net Zero (GFANZ), a UN-backed climate-focused multi-trillion dollar coalition of financial institutions, announced the launch of a significant restructuring, including a shift in focus towards enabling the mass mobilization of capital to support the low carbon transition, and opening participation widely even to firms not participating in its affiliated net zero coalitions. The restructuring follows…

B Corp Consultant Bristol – Bespoke Solutions

B Corp Consultant Bristol – Bespoke Solutions

Are you looking for a B Corp consultant in Bristol? Discover why ESG Pro Limited is the best choice for comprehensive ESG and B Corp services tailored to your business’s needs.     Leading the Sustainability Movement in Bristol Bristol, recognised as one of the greenest cities in the UK, is a leader in sustainability and eco-conscious innovation. Businesses in…