All Stewardship articles – Page 17
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News and press
Proxy season 2017: analysing the trends
With the 2017 proxy season now complete, it is time to take stock of the outcomes, analyse the voting trends and learn lessons for next year.
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Engagement guide
Introduction to transition risk for oil and gas companies
The speed and scale of the energy transition is becoming more obvious every day, causing more investors to accept the need to improve their strategies to be well positioned as structural changes in the energy and related sectors occur.
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Engagement guideScenario analysis – degrees of warming
Scenarios are often misrepresented. Ultimately they are one version of the future, not a prediction or forecast.
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Engagement guide2 degrees of separation: Transition risk for oil and gas in a low carbon world
Are the oil majors aligned with a 2°C target? This new analysis provides a way of understanding whether the supply options of the largest publicly traded oil and gas producers are aligned with demand levels consistent with the agreed target for maximum global warming.
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Engagement guideCalculating carbon supply cost curves in a 2°C scenario
In order to try and allocate the carbon budget at a company level, Carbon Tracker developed the carbon supply cost curve approach.
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Engagement guideCalculating a 2°C capex pathway for oil and gas companies
Having calculated the oil and gas production associated with a 2D scenario, we can then identify the level of capital expenditure required, and the delta to business-as-usual, (BAU).
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Engagement guide
Oil and gas company/project exposure to a 2°C scenario
Companies that have a lower percentage of unneeded capex can be seen as more aligned with a 2D budget; companies with a greater percentage of unneeded capex warrant further attention from investors.
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Engagement guideNPV sensitivity of oil and gas companies to a 2°C scenario
The NPVs of a company’s 2D-compliant portfolio and its BAU portfolio can be compared to give an insight into the cost structures of the two and their relative values.
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Engagement guide
Recommendations for engagement on director nominations
As a result of the analysis presented in this report, investors are encouraged to continue discussions with their investee companies on director nominations.
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Engagement guideResults from French engagement on director nominations
As with the US, investors chose to engage with 11 French companies ranked in the lower 50% of all CAC40 company performance based on their nominations process.
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Engagement guideResults from US engagement on director nominations
The 13 US companies investors selected for engagement in 2014 ranked in the lower 50% of all S&P100 company performance on nominations processes when assessed against indicators included in the commissioned research.
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Engagement guideDirector nominations engagement background
After consulting with signatories and acknowledging the critical importance of the nominations process to longterm investor returns, the PRI coordinated a collaborative engagement on the issue.
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Engagement guideEngaging on director nominations
Director nominations and elections represent some of the most fundamental ownership rights for shareholders – namely the right to appoint and remove members of a company board to represent their interests in promoting long-term value creation.
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Blog post
As proxy access in the US spikes at 52%, have we reached a tipping point?
The explosion in proxy access resolution submissions has directly influenced the level and quality of corporate engagement, as well as the dialogue surrounding director elections.
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Blog post
Climate disclosure – what does this year’s ExxonMobil resolution tell us?
Examining climate disclosure through an in-depth look at the upcoming ExxonMobil climate disclosure resolution.
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News and press
Why World Health Day is an investor issue
The highest level of health is a fundamental right. Despite this, two billion people globally lack access to the health-related products and services they need.
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Engagement guide
Methane: A key frontier for investor engagement
Investors in the oil and gas industry face a number of material risks from emissions of methane which require heightened scrutiny to assess operator performance and risk management, as well as to improve disclosure from companies.
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Engagement guide
Reducing company methane emissions
Methane emissions reductions can be cost-effective, with industry leadership including supporting public policy.
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Engagement guide
Taking action on methane disclosure resolutions
How investors can take action on methane disclosure resolutions, including intitial questions for engagement and follow-up questions.
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Engagement guide
What to look for in an inventory of methane emissions
An overview of what investors should look for in an inventory of methane emissions, including initial and follow-up questions.
