Tag: Climate Action 100+

As 2023 proxy season begins, investors seek to deepen corporate engagement on GHG targets, governance, lobbying and just transition

Stuart Mitchell

With the 2023 proxy season underway investors are highlighting proposals and other votes at North American and European focus companies to inform their fellow shareholders about priority issues at companies that are lagging behind peers in their management of material climate risks. The flagged votes come as early proxy season wins include seven agreements between investors and focus companies on climate action in exchange for withdrawals, including three agreements on greenhouse gas emissions targets and four on climate lobbying practices.   Climate Action 100+, of which Ceres is one of…

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Climate Action 100+ Net Zero Company Benchmark shows an increase in company net zero commitments, but much more urgent action is needed to align with a 1.5°C future

Stuart Mitchell

New assessments released recently by Climate Action 100+, the world’s largest investor engagement initiative on climate change, show some corporate climate progress against key climate indicators, but find much more action is urgently needed from focus companies to support global efforts to limit temperature rise to 1.5°C. This is the second round of Net Zero Company Benchmark assessments to be released by Climate Action 100+ since March 2021. 166 companies on the initiative’s focus list were measured on their progress against the initiative’s three engagement goals and a set of…

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Climate Action 100+ flags key proposals in North America, calling for more ambitious corporate climate action ahead of the 2022 Proxy Season

Stuart Mitchell

Climate Action 100+, the world’s largest investor engagement initiative on climate change, is flagging key shareholder proposals in North America ahead of the 2022 Proxy Season to drive greater shareholder action on the climate crisis.   The initiative flags proposals at focus companies to help build the vote for climate-related resolutions that align with its goals to reduce greenhouse gas emissions and improve climate governance and disclosures and support global efforts to achieve a net zero emissions economy.   So far this season, the initiative has flagged three proposals at North American…

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Climate Action 100+ sets new decarbonisation expectations for food and beverage industry in line with Paris Agreement goals

Stuart Mitchell

Investors involved in Climate Action 100+, the world’s largest investor engagement initiative on climate change responsible for over USD $55 trillion in assets, have released a new set of expectations that lay out the necessary actions for the food and beverage sector to make progress towards achieving a net zero future in line with the goals of the Paris Agreement. Outlined in Global Sector Strategies: Recommended Investor Expectations for Food and Beverage, the investor expectations aim to inform and improve constructive engagements between investors and food and beverage companies, which are responsible for…

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Climate Action 100+ issues its first-ever net zero company benchmark of the world’s largest corporate emitters

Stuart Mitchell

Climate Action 100+, the world’s largest investor engagement initiative on climate change, has released its first-ever benchmark evaluating the corporate ambition and action of the world’s largest greenhouse gas emitters and other companies with significant opportunity to drive the net zero transition. The Climate Action 100+ Net-Zero Company Benchmark offers the first detailed, comparative assessments of individual focus company performance against the initiative’s three high-level commitment goals: reducing greenhouse gas emissions, improving governance, and strengthening climate-related financial disclosures. The Benchmark defines key indicators of success for business alignment with a…

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