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Investors Urge EPA to Regulate Methane Emissions

A group of investors with more than $300 billion in assets under management have urged the EPA to regulate methane emissions in the oil and gas industry. The agency is considering what measures it will take as part of President Obama’s Climate Action Plan – Strategy to Reduce Methane Emissions. … Read more »

First Green Bank

Investment Firms, Banks Back Climate Initiatives

Some 22 US investment firms with about $240 billion in assets under management, led by the California State Teachers’ Retirement System (CalSTRS) and the Oregon State Treasurer’s office, have signed the Climate Declaration, calling upon federal policymakers to address climate change as an economic opportunity. These financial firms join more … Read more »

PNC Bank

PNC Investors Support Climate Change Risk Management

Some 22.8 percent of PNC Financial shareholders representing more than $5.4 billion dollars have voted in support of a resolution asking the company to assess its exposure to climate change in its lending, investing and financing activities. This is the first time that shareholders have been able to vote on … Read more »

PNC Emissions Resolution to Stay, SEC Says

A shareholder resolution proposing that PNC Financial assess the greenhouse gas emissions in its lending portfolio as well as its exposure to climate change risk must remain on the proxy ballot, according to a ruling by the US Securities and Exchange Commission. The SEC decision reverses previous rulings and poses … Read more »