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Showing 1 - 10 of 12 results for "Chevron"

Investors "flying blind" to climate litigation risk

ROSE MARY PETRASS  |  MONDAY, 15 JAN 2024  |  NEWS
... lawsuits filed as of November. The US was the country most exposed to litigation risk, with 1678 lawsuits. US energy giant Chevron reportedly facing US$8.5 trillion in pay-outs. From 1990 to 2019, the company's profits were US$291 billion. "It's ...

Corporate net zero plans at odds with anti-climate lobbying

ROSE MARY PETRASS  |  MONDAY, 20 NOV 2023  |  NEWS
... most are weakly aligned to their target and 58% engage in lobbying that contradicts their public goals. Woodside Energy, Chevron, ExxonMobil, Glencore, Nippon Steel Corporation, Repsol, and Stellantis, are among the 21.5% of companies assessed to be ...

Danish pension fund completes US$520m divestment

ROSE MARY PETRASS  |  TUESDAY, 3 OCT 2023  |  NEWS
... $20 billion in client assets, has undergone a divestment program spanning half a decade. It has now divested from BP, Chevron, Equinor, Exxon Mobil, Petrobras, PetroChina, Shell, Repsol and TotalEnergies. AkademikerPension, formerly named MP Pension ...

ASIC takes Vanguard to court over further greenwashing claims

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023  |  NEWS
... with activities linked to oil and gas exploration, highlighting investments in Abu Dhabi Crude Oil Pipeline LLC (ADCOP), Chevron Phillips Chemical Co. LLC, Colonial Pipeline Co, Empresa Nacional del Petróleo SA (ENAP) and John Sevier Combined Cycle ...

Carbon capture and storage questioned after Chevron result

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUL 2021  |  NEWS
... the role that CCS technology can play in reaching decarbonisation targets within the oil and gas industry. On Monday, Chevron, the operator of the CCS facility at the Gorgon LNG plant in Western Australia, announced that it had reached the milestone ...

Role of oil and gas in net zero emission future

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 JUN 2021  |  NEWS
... customers with hydrogen-based vehicles. Likewise, CCUS, we have one of the largest CCS projects in the world operated by Chevron. "These challenges are complex. The energy transition is complex. Hydrogen is a good example of that. Getting there is going ...

Powerful signal on climate with votes, court decisions

RACHEL ALEMBAKIS  |  THURSDAY, 27 MAY 2021  |  NEWS
Shareholder votes against management at Chevron and ExxonMobil and a ruling by a Dutch court against Royal Dutch Shell intensifies the focus on the oil and gas industry, but experts say all Australian company directors should heed advice when it comes ...

Fie, fi, foe, or friend? Consider the relationship between investors, boards: RIAA

RACHEL ALEMBAKIS  |  SUNDAY, 19 NOV 2017  |  NEWS
... by the Taskforce for Climate-related Financial Disclosures (TCFD), the non-binding shareholder votes at ExxonMobil and Chevron, as well as strategies such as voting proxies as leading to his conclusion that 2017 has been a "banner year" for responsible ...

Vote Your Pension platform calls for global member action

RACHEL ALEMBAKIS  |  FRIDAY, 22 MAY 2015  |  NEWS
... (AODP) and The Climate Institute have launched a platform to pressure asset owners to support a shareholder resolution at Chevron's annual general meeting later this month. The Vote Your Pension platform is asking pension fund and mutual fund members ...

EITI conference advocates for moving beyond transparency

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 MAY 2013  |  NEWS
... and by governments to openwash. "To give you a concrete example, right now in the US, companies such as Shell, Exxon, Chevron and BP are actively supporting litigation against the US Securities and Exchange Commission. They're litigating against Dodd-Frank ...
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