Browsing: <a href="/tag/interest-group-actions">Interest group actions</a> <i class="grey">•</i> <a href="/tag/investor-activity">Investor activity</a>

Institutional investors are using tools such as portfolio carbon footprinting, shareholder resolutions and adaptation strategies to manage climate change risk, according to a new survey of their practices in Europe, the US and Australia.

Major companies including AGL Energy, BlueScope, Fosters, Lend Lease, Origin Energy and Macarthur Coal declined to participate in a project designed to give institutional investors insights into how they manage water risks, according to a new report.

Australian and international investor groups have demanded that oil and gas companies demonstrate that they are effectively controlling fugitive methane emissions, and they want intensive gas users to exert pressure as well.

Three Australian banks are listed in a new global carbon performance leadership index prepared by the prestigious Carbon Disclosure Project, while a regional report due out in November will detail how the ASX200 and NZ50 are faring.

Investors have cautioned that companies will need to explain their intent in funding carbon price campaigns and have warned that any difference between corporate rhetoric and actions will trigger 'alarm bells'.

Westpac will 'avoid' transactions that support greenhouse-gas intensive power plants and is 'speaking out' on sustainable business practices, but has fallen short of meeting this year's target for cutting its own greenhouse gas emissions, today's sustainability report reveals.

ASX100 companies match their European counterparts on board level engagement on climate change, but lag well behind in setting emissions reduction targets, according to a Carbon Disclosure Project report released today.

Growing investor nervousness about carbon exposure is driving Standard & Poor's efforts to incorporate carbon risk analysis into all its credit ratings, with the roll-out beginning next year, says the agency's head of global carbon markets, Michael Wilkins.

In an Australian first, investors will put resolutions to the AGMs of Woodside and three other ASX-listed companies demanding that they reveal details of their greenhouse gas emissions and carbon policies, with 'sustainability provocateur' Paul Gilding saying businesses won't act on climate change unless investors – or governments – force them into it.

A new Australian investment fund launched today has an explicit mandate to advocate for climate action by ASX200 companies – and will next month name the company that will be subject to Australia's first climate change shareholder resolution.