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Despite Recent Commitments, Big Oil Still Behind On Climate Change
As most Big Oil majors have recently made commitments to reduce their carbon footprint and help tackle climate change more actively. According to a new report from anti-oil advocacy Oil Change International, however, they are all falling short of Paris Agreement...
Influential investor group demands ‘net-zero’ targets
Climate Action 100+, the influential investor group whose 518 members include BlackRock and Pimco, has written to the world’s largest greenhouse gas-emitting companies to demand they put in place a “net-zero strategy” for 2050 or earlier. The organisation, which...
Investors urge Total to set Paris-aligned targets
PRESS RELEASE AGM season closes with a third shareholders’ rebellion over non-committal “climate ambitions”, following Shell and Equinor Total has failed to deter shareholders from seeking concrete action to curb emissions, despite announcing a new climate ambition....
BP also can’t confirm its emissions will be down by 2030
PRESS RELEASE This AGM season Follow This is asking every oil major whether its climate ambition for 2050 will lead to a (net) absolute emissions reduction by 2030 and a fundamental shift in investments away from fossil fuels to renewables of at least 50% by 2030. BP...
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