Pension funds demand climate plan from oil major

An investor coalition between a number of Danish pension funds wants a concrete plan for how one of the world's largest oil companies intends to bring its CO2 consumption to a level compliant with the Paris Agreement.

In December 2018, the countries of the world agreed on a regulatory framework for the Paris climate agreement aimed at reducing the world's CO2 emissions.

Now investors, including a number of Danish pension funds, are putting pressure on oil major Exxonmobil. They demand concrete plans for how the oil company's CO2 emissions can comply with the targets in the Paris agreement, writes Danish newspaper Information.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

GE implements 3D printing for making component molds

Developing the world's largest 3D printer will enable the OEM to make molds for nacelle components of up to 9.5 meters in diameter and weighing more than 60 tonnes by means of additive manufacturing. Initial testing is set to begin in early 2022.

Further reading

Related articles

Trial banner

Latest News

See all jobs