Implementation is key for investors’ net zero commitments. A significant proportion of PRI signatories have set near-term net zero targets consistent with the Paris Agreement. The PRI aims to help them deliver on their commitments through initatives such as the UN-convened Net Zero Asset Owner Alliance.
The increasing popularity of votes on transition plans, also known as say on climate votes, requires investors to understand the signals and potential consequences of such votes.
How Chinese policy makers can improve the country’s regulatory framework for effective stewardship, including for addressing ESG issues
Investors face a complex set of considerations when deciding how to vote on climate transition plans. This briefing explores those issues; provides resources to assess climate transition plans; and offers guidance on how to address plans that are insufficient.
This report summarises the outcomes of the PRI-supported collaborative engagement on responsible cobalt sourcing between 2018 and 2020
Investors recognise the opportunity for economic growth and investment returns the transition to net-zero emissions presents. In this guide the PRI and the London Stock Exchange Group outline the initiatives, frameworks and tools, which investors can use to structure action on climate, and develop consensus on best practice.
Between March 2018 and October 2020, the PRI coordinated a collaborative engagement on climate change transition for the oil and gas sector.
Investors are increasingly scrutinising corporate engagement on climate policy as it plays a critical role in helping governments create practical climate policy solutions. However, corporate engagement on climate policy is a double-edged sword.
Methane, the primary component of natural gas, is a climate pollutant 84 times more powerful than carbon dioxide (CO2) over a 20-year period, and it is responsible for 25% of the global warming we are experiencing today.
The production of oil and gas via hydraulic fracturing (fracking) remains important and yet can be viewed as a contentious method in some regions, with community controversies, bans and moratoria in different areas.
Engagement is the process through which investors use their influence to encourage companies they invest in to improve their management of ESG issues.
More than 70% of listed companies that represent some of the world’s largest carbon-polluters, alongside most of their external auditors, are not fully accounting for climate-related risks in financial statements. This is despite significant financial risks faced from the climate crisis and net-zero pledges made by many.
Between 2017 and 2019, the PRI coordinated a collaborative engagement on methane with the oil and gas and utilities sectors.
Since 2015, the PRI has coordinated a collaborative engagement on water risks in agricultural supply chains. The engagement focused on these supply chains because agriculture is a major user of water, responsible for the withdrawal of 70% of the world’s freshwater.
Companies with direct operations and supply chains that are dependent on agriculture, the world’s largest user of water, are exposed to water risks. Those companies that appropriately mitigate these risks and demonstrate good water stewardship characteristics will create value for their shareholders.
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.