Morgan Stanley will be first U.S. bank to disclose how much its loans and investments contribute to greenhouse-gas emissions

“We are pleased that U.S. banks are finally stepping up to the challenge of measuring and reducing climate impacts as European peers already have. Morgan Stanley’s commitment shows that digging in and taking responsibility for its climate contribution is good business. We expect other U.S. banks to take note,” said Lila Holzman, energy program manager at As You Sow, a sustainable-investing advocate. Read More →

As Big Oil Digs for More Despite Climate Risks, Investor Lawsuits May Grow

With the oil industry continuing to invest heavily in projects all but assured to lose money as the world moves toward a lower-carbon economy, as a study published last week shows, investors may increasingly turn to shareholder lawsuits to protect their investments.

Democrats want companies to disclose their climate risks — and fossil fuel industry is worried

Democratic presidential candidates have a sweeping array of proposals to fight climate change, but virtually all the leading hopefuls agree on one relatively simple proposal: forcing companies to disclose the risks they face from a warming atmosphere.

Biggest Dutch Investor Supports Two Climate Resolutions

Oakland, California—May 14, 2019—The biggest Dutch investor, Aegon Netherlands and Aegon Asset Management Netherlands, announced this week its support for nine shareholder climate resolutions, including As You Sow’s Chevron Paris-aligned business transition proposal and a petrochemical resiliency proposal filed with Exxon.

SEC Blocks More Shareholder Climate Resolutions, Citing ‘Micromanagement’

Investors' efforts to get energy and utility companies to set greenhouse gas reduction targets and disclose their plans for meeting those goals are facing more hurdles now than in the past five years.