Following a highly successful launch on 21 July, LAPFF and Carbon Tracker Initiative have published their new report ‘Engaging for a Low Carbon Transition’ which sets out why a 2˚C business model can be less risky than ‘business-as-usual’ for oil and gas companies. The study explains what this means for shareholder value and gives very […]
Tag: Environmental & Carbon Risk
All three strategic resilience resolutions at integrated miners get voted through Yesterday, the last of the three ‘strategic resilience’ shareholder resolutions that were filed at UK integrated miners this year was voted on, at Glencore’s AGM.
LAPFF supports shareholder position paper calling for improved climate risk reporting In May 2016, LAPFF signed a shareholder position paper on climate risk reporting. This paper calls on companies to assess and report their climate-related risks within their annual report to shareholders, in the interests of prudent and long-term capital stewardship. In many jurisdictions, to […]
Investor community shows increasing support for Aiming for A strategic resilience resolutions Following decisions by the boards of Rio Tinto, Glencore and Anglo American to support the strategic resilience resolutions co-filed by LAPFF funds and other investors, a number of additional asset owners and asset managers have expressed public support for the resolutions.
Climate risk transparency goes to the vote at Rio Tinto with unprecedented investor support The AGM of Rio Tinto (Thursday 14 April) will see the first of three strategic resilience resolutions being put to UK integrated mining companies. In a rare move for hareholder resolutions, the Rio board has supported this resolution as have the […]
LAPFF welcomes opening of COP21 Agreement for signing On 22 April, UN Secretary General Ban Ki-Moon will convene a signing ceremony for the Paris Agreement, which was adopted by 196 nations at COP21 in December 2015.
LAPFF has co-signed a letter to the Financial Reporting Council (FRC) setting out long-term investors’ expectations that fossil-fuel dependent companies should address climate-related risks in newly introduced viability statements.
Shareholder resolutions have been co-filed by investors responsible for more than $8trillion at mining giants Anglo American, Glencore and Rio Tinto; eighteen LAPFF funds co-filed across the three resolutions.