Posts in Energy
BP to Support Investor Resolution on Climate, but Will Announcement Be Followed With 'Concrete, Bold Action'?

BP announced today that it will support a resolution from investors of the Climate Action 100+ initiative asking the company to broaden its corporate reporting to describe how its strategy is consistent with the goals of the Paris Agreement. The energy giant said the BP board has decided to support the proposed resolution, which will be put to shareholders at the company’s annual general meeting in May 2019.

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Shareholders Must Demand Oil & Gas Companies Implement Paris Compliant Plans

Strategic review looks at impact of seven years of resolutions on moving oil & gas on climate change and investor underperformance due to holding the sector. Today’s release of “2020: A Clear Vision for Paris Compliant Shareholder Engagement” lays out a clear plan for shareholders to move oil & gas companies to transition to 2 degree-compliant business models.

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EnergyAsYouSowclimate change
Clean200 Weathers Perfect Storm, Holds Own Against Surging Oil Prices, Tariff Wars

Today, As You Sow and Corporate Knights released its fifth update of the Carbon Clean 200™ (Clean200™), a list of the 200 largest publicly traded companies making significant revenue from clean energy. After a period of outperforming the S&P Global 1200 Energy Index (fossil fuel benchmark), a series of global events converged to leave the Clean200 behind the fossil fuel benchmark for only the second time since its inception two years ago. However, the Clean200 when excluding Chinese companies continued to outperform.

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EnergyAsYouSowclean tech
Investors Call on General Electric to Pull Out of New Coal Plant Proposed in Kenya

A group of 56 institutional and individual investors representing nearly $713 billion in AUM sent a letter to General Electric (GE) today calling on the company to reconsider its recent decision to acquire a 20% stake in Kenya’s proposed Lamu coal plant. Lamu is one of Kenya’s top tourist destinations and home to an UNESCO World Heritage Site. The proposed coal plant faces fierce opposition, both locally and internationally.

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EnergyAs You Sowcoal