Climate Action100+ Report 2022 — Majority Action

Majority Action calls on institutional investors to withhold support for directors at companies that unless they meet the Net-Zero benchmarks. Twenty-three of the 45 US companies failed to achieve full compliance with any of the nine Net-Zero Company Benchmark indicators. Despite this failure, a majority of large Climate Action 100+ investor-signatories voted for every single…

Agenda – Investors Side-Eye Excuses on Supply Chain Disclosure

Despite the challenges that come with gathering, vetting and disclosing the data necessary to produce and disclose net-zero transition plans, investors are growing tired of companies’ slow-walking disclosures and planning due to the complexity involved, particularly with Scope 3 emissions. As a result, management teams and boards should expect a heightening intensity and specificity in…

CERES: 2022 Guidance for Engaging on Climate Risk Governance and Voting on Directors

CERES has released their excellent new guidance on climate change issues. The full text is below. Highlights (Emphasis added): Companies should disclose independent board oversight of climate-related risks and opportunities, which includes monitoring by the board of each company’s science-based greenhouse gas (GHG) emission reduction targets.This board oversight should be clearly reflected in a publicly…

Agenda – Audit Committees Question Climate Competency

Climate change has now become the issue of the 21st century. With the conclusion of COP26 in Glasgow, Scotland — bookended by India’s commitment to achieving net-zero emissions by 2070 and the historic U.S.-China agreement to reach the 1.5 C temperature goal outlined in the Paris Agreement — the three largest polluters in the world…

MSCI Introduces ESG Ratings & Climate Search Tool

We are proud to be a leader in driving ESG and Climate transparency to help provide investors with much needed clarity as they sharpen their focus on the financial impact of climate change and raise awareness of the value of ESG data and ratings and improve disclosure standards. Our public ESG Ratings & Climate corporate…