Shareholder votes on audit and climate risk
The International Energy Agency’s new Net-Zero Emissions by 2050 scenario, published in May 2021 and incorporated in the World Energy Outlook published in October, sparked wide debate on the future of oil and gas.
This briefing is a review of the 2021 voting records of some of the largest asset managers operating in the UK on the appointment of auditors at over 300 large listed companies. Shareholders are waiving through the reappointment of auditors that have failed to address climate risk in their reports, posing a significant risk to their own investments and the climate.
This report examines the ongoing role of the UK's private financial institutions in financing the climate and nature emergency. It demonstrates that the UK’s 'financed emissions' are extensive, likely representing one of the UK’s most significant contributions to climate change.
This briefing aims to help investors and others interpret and assess the feasibility of the role of CDR in companies’ climate plans. It starts by reviewing some companies’ approaches, to illustrate the issues at stake. It then reviews the technological status of CDR, the uncertainties, risks and limits to CDR deployment, and how much CDR is possible or needed in energy models.
How Barclays' 2019 energy and climate change statement fails to address climate risk
Q&A for investors
The International Energy Agency's climate scenarios are not aligned with the Paris Goals
The operational, economic, and reputational risks involved with Statoil's plans to drill in the Great Australian Bight
How the IEA guides energy decisions towards fossil fuel dependence and climate change