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NEWS / The Church of England Pensions Board, together with investors with assets totalling nearly £50bn, has filed a shareholder resolution at Rio Tinto calling on the company to review and fully disclose its relationships with industry bodies.
Volkswagen AG (VW) has rejected a shareholder proposal sent last week from seven European investors urging the company to explain how its lobbying activities help to address climate risks.
The Church Commissioners for England today reiterated support for the climate-related shareholder resolution, filed against the board of ExxonMobil, and calls on Exxon not to block the resolution going to a vote in 2020.
Comment by Edward Mason, Head of Responsible Investment at the Church Commissioners for England
NEWS / Investors in ExxonMobil, led by New York State Comptroller Thomas P. DiNapoli and the Church Commissioners for England, this week asked the Securities and Exchange Commission (SEC) in the United States to deny the company's request for permission to block a shareholder proposal for information on how the company will weather the global agreement to rein in climate change.
ExxonMobil shareholders have shown significant support for a motion asking the company to report on how its business will be affected by worldwide efforts to combat climate change, despite the strong opposition of the company itself.
Church Commissioners for England file shareholder proposal asking ExxonMobil to set goals in-line with Paris Agreement.
NEWS / The Chief Executive Officer acts as the Secretary to the Church Commissioners, supporting the Commissioners in strategic policy and prioritisation.
The Church of England Pensions Board will vote for clean energy shareholder proposals, filed by the Comptroller of the City of New York, at the upcoming AGMs of Bank of America, Goldman Sachs, and Morgan Stanley.
Edward Mason, Head of Responsible Investment for the Church Commissioners for England, will present two shareholder proposals - for an independent chairman and a board matrix - at the ExxonMobil AGM today in Dallas.