Tag: Climate Change Updates
Investors Press Climate Change as a Human Rights Issue
September 27, 2019A safe, healthy, and just environment serves as a prerequisite for enjoying all human rights, rendering the climate crisis a pervasive threat to the rights of billions of people around the world. The Paris Agreement, a landmark United Nations accord aimed at keeping global temperature rise well below 2°C, explicitly states in its preamble that […]
Shareholder Resolution Filed with ExxonMobil on Sustainable Energy Access
December 20, 2018The Tri-State CRI supported member the Dominican Sisters of Caldwell in filing a shareholder resolution with ExxonMobil on Sustainable Development Goal (SDG) 7, which calls for universal access to reliable, affordable, sustainable, and modern energy. Roughly 3 billion people worldwide rely on wood, coal, charcoal or animal waste for cooking and heating, and nearly 1 billion people have […]
Tri-CRI Weighs In on EPA Clean Car Standards
October 26, 2018Affirming our longstanding commitment to reduce climate impacts of the automotive industry, in alignment with our shareholder engagement in the sector, the Tri-State Coalition for Responsible Investment submitted a public comment to the EPA and NHTSA opposing the proposal to weaken the Corporate Average Fuel Economy (CAFE) standards. In August 2018, President Trump released a proposal […]
Tri-CRI Follows COP23 and Encourages Strong Outcomes
November 6, 2017Today marks the first day of the 23rd session of the Conference of the Parties (COP 23) to the UN Convention on Climate Change (UNFCCC). Delegates from around the world are gathering in Bonn, Germany from November 6-17, 2017 to determine next steps in the path to achieve the goal to limit global temperature rise to […]
ExxonMobil Investors Make History with Majority Vote on Climate Risk Disclosure (Ceres Press Release)
May 31, 2017Investors claimed a historic win today at ExxonMobil’s annual meeting with a majority vote in favor of a shareholder proposal calling on the oil and gas giant to assess and disclose how it is preparing its business for the transition to a low-carbon future. The proposal was hotly contested as Exxon’s management fought to sway […]
Faith investors mobilize to press ExxonMobil to address climate change
May 30, 2017After decades of engagement, faith groups anticipate a tipping point on climate resolution at tomorrow’s annual shareholder meeting. NEW YORK, NY – Tuesday, May 30th, 2017 – To galvanize greater investor support and attention for one of the proxy season’s most anticipated votes, nearly three dozen faith-based investors – all members of the Interfaith Center […]
Investors Send Strong Signal to Southern Company with 46% Vote: Align Operations with Low-Carbon Future
May 24, 2017Investors Send Strong Signal to Southern Company: Align Operations with Low-Carbon Future In an important climate-related vote today, 46% of its shareholders asked The Southern Company (SO) to report on how it plans to align its business operations with a 2 degrees Celsius global warming scenario, up from 34% last year. The shareholder proposal was filed […]
Sr. Pat Daly Actively Invites Confluence Members to Join in Shareholder Advocacy on Climate Change
March 31, 2017(Article originally published by Confluence Philanthropy) Tim Smith, Confluence Advisor Member and Director of ESG Shareowner Engagement at Walden Asset Management, reports back from Sister Pat Daly’s keynote presentation at Confluence’s 2017 Annual Practitioners Gathering. Tim is a member of the steering committee for Confluence’s Active Owners Working Group, dedicated to helping funders and investors work together to […]
Investors Renew Call on Exxon to Address Climate Risk
February 23, 2017Coalition Representing $4 Trillion in Assets Asks Exxon How It Will Be Impacted by a Lower Carbon Future Original Press Release from the Office of the New York State Comptroller available here A coalition of institutional investors, led by New York State Comptroller Thomas P. DiNapoli, as trustee of the New York State Common Retirement Fund […]
Investors View Solid Support for Climate Proposals at ExxonMobil/Chevron AGMs as Wake-Up Call for Industry
May 25, 2016CEOs Tillerson and Watson remain bullish on fossil fuels in spite of mounting pressure from institutional investors calling for alternative, more sustainable energy pathways. NEW YORK, NY, WEDNESDAY, MAY 25, 2016 – ICCR members who have long advocated for climateconscious business planning at oil and gas giants ExxonMobil and Chevron, pushed for climate action through […]