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24% of shareholders voted ‘no’ on Ordinary Resolution 3: to re-elect Helge Lund as a director. This is by far the largest vote against the re-election of a BP Chair over the past decade. www.accr.org.au/news/bp%E2%8...

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At its 2025 Capital Markets Day, Shell produced a graph showing the position of its under-construction LNG assets on a global cost curve. This graph depicts Shell as highly cost-competitive.

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We're #hiring in Norway. The Company and Investor Engagement Strategist (Europe) will play a lead role in driving and delivering ACCR’s strategy in relation to European institutional investors’ role in accelerating fossil fuels phase out. app.beapplied.com/apply/a9qucp...

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The decision to pause Equinor's project marks escalation in the Trump administration’s offensive against the US offshore wind sector, which has prompted leading developers, including Shell and TotalEnergies, to reduce or slow down their American ventures. www.ft.com/content/3e44...

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AM/NS are really taking advantage of India's new "green steel" standards - they're changing nothing, but based on India's tiered scheme, 70% of production will fall below the 2.2tCO2/tcs threshold, hence the green steel claim www.fortuneindia.com/business-new...

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Relying more heavily on coal power for longer carries a range of associated risks and costs, including reliability, power prices, safety, and financing risk, as well as major implications for emissions. Delaying coal exits is a risk we can’t afford. ieefa.org/resources/de...

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Investors have an opportunity to incentivise more rapid action on methane – a potent greenhouse gas and a major contributor to fossil fuel companies’ Scope 1 emissions – by incorporating methane reporting and abatement into their engagement with companies. ieefa.org/resources/me...

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Researchers say rising temperatures due to climate change could lead to a rise in the burden of mental disorders across Australia. Their report found climate change would drive up mental health challenges significantly by 2050. www.abc.net.au/news/2025-04...

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“Whatever the size of the vote against Lund this week, a material percentage will be from investors concerned about the threat to value from successive rollbacks on climate, and the lack of accountability to shareholders along the way.” www.netzeroinvestor.net/news-and-vie...

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Despite attempting to jump before he was pushed, bp’s Chair is facing an almost certain backlash from investors at this week’s AGM, with investors concerned about the regression in the Company’s climate strategy leading the charge. www.accr.org.au/insights/edi...

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This town has been described as the canary in the coal mine — what happens here could be Australia’s blueprint for success or demise. One of the major obstacles preventing reform is that no-one is willing to admit there’s a problem, according to Mallon. www.abc.net.au/news/2025-04...

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The startup country contingent is clearly foreseeing a future marked by shocks, scarcity and collapse. To put it bluntly, the most powerful people in the world are preparing for the end of the world, an end they themselves are frenetically accelerating. www.theguardian.com/us-news/ng-i...

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Watch our webinar covering the members’ statements filed by ACCR dissenting against the election of all directors standing at Woodside’s upcoming annual general meeting. www.accr.org.au/insights/acc...

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Sustained investor engagement and escalation has driven significant improvements in Rio Tinto's disclosure and strategy – but material delivery risks remain. Read our full analysis of the 2024 Climate Action Plan (CAP). www.accr.org.au/research/ana...

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Goldman Sachs expects oil prices to decline through the end of this year and next year because of the rising risk of a recession and higher supply from the OPEC+ group. ca.finance.yahoo.com/news/goldman...

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This report from the International Energy Agency (IEA) analyses what the uptake of AI could mean for energy security, emissions, innovation and affordability. www.iea.org/reports/ener...

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One way to contextualise the scale of the challenge is to compare it to previous economic crises. This shows that climate change will cause economic losses equivalent to covid, but every 5-6 years and compounding indefinitely. www.accr.org.au/insights/new...

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Leading BP shareholder Legal and General plans to vote against the re-election of the company’s outgoing chair at next week’s annual meeting, in a sign of the discontent over the oil major’s changing strategy. www.ft.com/content/4dcb...

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Cambridge researchers have selected Bloomberg Index Services Ltd to launch the first global corporate bond index to cover fossil fuel producers, utilities, insurance, and financing, with the aim of driving investment to reduce real-economy emissions. www.cam.ac.uk/news/cambrid...

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Reduction – cutting emissions rapidly and deeply – of course remains a critical priority. But we must also pursue the removal of excess carbon, explore repair techniques & build resilience against the escalating impacts we are already experiencing. www.theguardian.com/commentisfre...

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If economic and society impact resulting from climate change is found to be under appreciated, this may trigger a need to overhaul physical risk assessments or climate stress tests undertaken to date. www.actuaries.digital/2025/04/11/i...

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The question of who pays for cleanup remains unanswered. Their tactics are not written down in one place or peddled by a single law firm — but companies follow an unmistakable pattern researchers and environmentalists dub “the playbook.” www.propublica.org/article/oil-...

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Responsible investors need to be factoring in and pricing emerging climate risks. As fiduciaries, investors need to focus on understanding and quantifying the scale of the cost where possible, and deploying other strategies where quantification falls short www.accr.org.au/insights/new...

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This year, 93 percent of the electricity capacity added to U.S. grids will be renewable energy and battery storage, according to the Energy Information Administration. Gas will account for just 7 percent. www.nytimes.com/2025/04/08/b...

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The site sits abandoned, its overseas workforce long gone, and its local staff out of jobs. Its owner, Koniambo Nickel Society (KNS), shut the factory and nearby mine down in August when minority stakeholder Glencore pulled out of the operation. www.abc.net.au/news/2025-04...

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“The 2025 AGM season is set to be a tough one for responsible investors,” said Paul Hunter. “Recent years have seen a concerted effort to roll back progress that has been made to reduce environmental, social and governance (ESG) risks." www.theguardian.com/business/202...

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A $6 million growth incentive that has tied Gallagher to Santos for the past several years lapses at the end of this year, which has prompted calls from a proxy adviser, investors and analysts for clarity on the company’s chief executive succession plan. www.afr.com/companies/en...

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Regardless of who wins the election, Australia’s 43% emissions reduction target by 2030 will be difficult to achieve unless there is a change of pace. theconversation.com/australia-ur...

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Chinese coal demand has a material impact on the global coal trade, and as one of the world’s largest coal exporters, Glencore’s business is exposed to changes in demand. www.accr.org.au/research/app...

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ACCR has co-filed a shareholder resolution to Shell asking the company to justify the assumptions behind its LNG growth strategy and explain how it is consistent with its climate commitments. www.accr.org.au/news/shareho...

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Watch our webinar to discuss the members' statements dissenting against the re-election of Woodside directors at this year's AGM. www.accr.org.au/insights/acc...

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With Brent oil prices near $63/bbl, top oil and gas companies are in a very tight financial spot. As this chart from RBC Capital Markets shows, none of the top oil majors can sustain their dividend and share buyback programmes at current prices

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The sheer scale of the underlying climate risk could, in the act of disclosure, have a material financial effect, whether driven by disbelief, investor flight to purportedly ‘safer’ assets, or some other mechanism. strategicclimaterisks.substack.com/p/are-we-in-...

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Some of Pakistan’s problems are self-made, but its current woes signal an inconvenient truth: When LNG gets expensive, developing countries just stop buying. www.bloomberg.com/news/newslet...

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“The accelerated capital contribution from Stonepeak further enhances Louisiana LNG returns and strengthens Woodside’s near-term capacity for shareholder distributions." esdnews.com.au/woodside-to-...

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This marks a pivotal moment for steel: a fully integrated, hydrogen-powered ironmaking system on an industrial scale—ready to deliver net-zero potential, reduce reliance on coal, and reshape supply chains. esgnews.com/rio-tinto-to...

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Faced with declining use of their assets, the firms that own Australia's gas pipelines are trying to shield themselves from risks of networks becoming stranded. But instead of wearing the costs themselves, they are seeking to make consumers pick up the tab www.abc.net.au/news/2025-04...

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Economic models have systematically underestimated how global heating will affect people’s wealth. The study by Australian scientists suggests average per person GDP across the globe will be reduced by 16% even if warming is kept to 2C. www.theguardian.com/environment/....

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Global oil prices have now fallen below breakeven levels for US oil producers. Firms such as Shell, BP, Total and Saudi Aramco have already underperformed their respective regional benchmark indices so far this year. www.netzeroinvestor.net/news-and-vie...

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Woodside persists with the same high-cost, high-carbon, low-value strategy that has contributed to its chronic financial underperformance. A vote against all directors facing election in 2025 is warranted. www.accr.org.au/research/inv...

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The 25-million-euro greenwashing fine for Deutsche Bank-owned asset manager DWS is a clear sign that deception regarding sustainable funds will be penalised. "The entire financial sector should take this fine as a warning” www.cleanenergywire.org/news/greenwa...

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Not too complex. Not too early. Just too expensive. After years of glossy brochures and net-zero diagrams that leaned hard on carbon capture and storage as a silver bullet, Meg O’Neill just admitted what insiders have known for decades: this dog won’t hunt reneweconomy.com.au/the-great-ca...

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Analysis of the disclosures of a major sample of investor-owned fossil fuel companies shows a widespread misuse of climate scenarios – leaving investors blind to material risks. www.accr.org.au/research/the...

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Shell has lowered its outlook for liquefied natural gas (LNG) production in the first months of 2025. The lower figure is because of cyclones and unplanned maintenance of some of its assets in Australia, Shell said. www.independent.co.uk/business/she...

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U.S.-based investment firm Stonepeak will acquire a 40% stake in Woodside Energy's Louisiana LNG project. Stonepeak, which manages about $72 billion in assets, will contribute $5.7 billion in capital expenditure for the project's foundation development ca.finance.yahoo.com/news/austral...

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Three of the UK's largest local government pension schemes have stepped-up calls for Shell to explain how plans to increase gas production are compatible with a goal to reach net-zero emissions by 2050 www.thetimes.com/business-mon....

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