USD 2.4 trillion investor group files climate resolution at HSBC
Amundi, Folksam and Brunel Pension Partnership back ShareAction’s call for HSBC to reduce its exposure to fossil fuels
More companies embrace transparency as scrutiny of working conditions intensifies
A record 141 companies disclosed data on workforce policies and practices to the Workforce Disclosure Initiative in 2020.
Proxy voting records challenge asset managers’ responsible investment claims
Voting laggards BlackRock and Vanguard Group among those holding back investor support for shareholder resolutions on climate and social issues.
Barclays’ net zero update: ShareAction responds
ShareAction said Barclays’ energy policy still fails to screen out coal and oil sands companies, representing a glaring hole in the company’s climate ambition.
MPs urged to consider Responsible Investment Bill
ShareAction proposes new legislation to compel fiduciary investors to consider ESG factors as part of their legal duty
to beneficiaries.
HSBC backs key fossil fuel deals in run up to climate commitment
New analysis shows that in the four months leading up to HSBC’s net zero announcement, the bank financed at least four fossil fuel companies involved in new infrastructure, and directly financed an offshore oil and gas project.