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Patrick Olszowski, former Head of Campaigns and Policy at The Stroke Association, will join Responsible Investment charity ShareAction as the organisation’s Director of Campaigns at the end of April.

A campaigner with a decade of experience, Olszowski's most recent role has been in health, leading a team that has secured changes to the law for carers and new guidelines for the treatment of childhood stroke. Olszowski also has a track record in civil liberties campaigning, particularly in relation to issues around personal data, and he co-founded a campaign against the Digital Economy Act in 2010.


Major Dutch pension fund manger APG, French giants Amundi and BNP Paribas, the Pensions Trust and Kames Capital in the UK, Wespath in the US, and large German fund manager Union Investment are the latest shareholders to declare their support for the shareholder resolution on climate change resilience to be put before the BP Annual General Meeting on 16th April.

Erik Jan Stork, Senior Sustainability Specialist at APG, said: “APG welcomes BP's support of this resolution. Structural changes in the energy markets, resulting from policy decisions and technological breakthrough, can alter the long-term outlook for energy companies. We expect BP and other energy companies to take account of these changes in developing their long-term business strategies. For example by taking IEA’s 450 scenario into account, and by explaining to shareholders how uncertainties are reflected in their investment decisions, capital allocation and governance.”


Professionals running workplace pension schemes should seize the opportunities presented by historic Government pension reforms on April 6 to better protect savers’ interests, says Responsible Investment charity ShareAction.


While the majority of media attention on “Pension Freedom Day” will be focused on rich pension savers potentially cashing in their pots to buy sports cars, ShareAction hopes that those charged with protecting scheme members’ interests will take a firm line on the rip-off charges that have funded sports cars for some in the industry at the expense of the regular savers in workplace schemes.


Investors need to ask questions of companies to ensure that their public positions on climate change aren’t being undercut by their membership of controversial European lobby groups, says Responsible Investment charity ShareAction.


Independent research by the Policy Studies Institute at the University of Westminster highlights instances where companies claiming to support strong action to prevent climate change are simultaneously members of lobbying groups taking a very different line. 


Responsible Investment charity ShareAction applauds oil giant BP’s confirmation that it will not renew its membership of a controversial US-based lobbying group which promotes climate change skepticism.


ShareAction asked a question about BP’s membership of the American Legislative Exchange Council at the company’s Annual General Meeting in 2014, and subsequently wrote to BP asking them to leave the group.


BP confirmed its decision not to remain a member during a webinar with its investors on Friday.  



Responsible Investment charity ShareAction and the Climate Bonds Initiative have produced an investor briefing on green bonds to coincide with an explosion in the market for the products. 


The green bond market more than tripled in 2014 with £24bn invested, compared to just £7bn in 2013, and the briefing is part of ShareAction’s Green Light campaign, which aims to encourage pension providers to embed climate awareness into their investment decisions.