Tag: ShareAction

Europe’s largest banks falling short on climate and biodiversity action

Stuart Mitchell

ShareAction, the UK’s leading responsible investment NGO, has today issued a major report into Europe’s top 25 banks and their approaches to tackling climate change and protecting the world’s natural habitats. The report, In Debt to the Planet, identifies some improvements in banks’ climate and biodiversity strategies since ShareAction’s last survey in 2020, but reveals that Europe’s top banks still have a long way to go to meet internationally agreed standards to deal with the global climate crisis, cut carbon emissions, and safeguard the planet’s vital ecosystems. Despite all 25…

Read More

Global investor alliance managing $5.7 trillion unites to improve population health

Stuart Mitchell

Thirty five investors managing over $5.7 trillion have come together in a new alliance committed to building healthier, fairer societies. The Long-term Investors in People’s Health initiative, led by ShareAction and supported by The Health Foundation and Guy’s & St Thomas’ Foundation, is uniting asset managers and asset owners who want to prioritise population health. Investors have an enormous influence on people’s health through the companies they invest in – which shape the physical and mental health of workers, customers, and wider society. Yet most investors are overlooking health as…

Read More

$1.6tn investor group sets sights on chemicals decarbonisation

Stuart Mitchell

Responsible investment NGO ShareAction has convened a $1.6tn group of investors to step up shareholder engagement with the chemicals sector, responsible for over 5.8% of global greenhouse gas (GHG) emissions.  Despite its importance for climate change, ShareAction say that the sector has been largely untouched by shareholder engagement. For example, CA100+, the world’s largest investor initiative on climate change, lists just seven chemicals companies on its focus list of 167 companies. And just two of those – Air Liquide and LyondellBasell Industries – saw any public discussion of climate change…

Read More