Investor group calls for banks to set tougher climate targets

European investors managing assets worth more than 1 trillion pounds ($1.28 trillion) are pressing top auditors to take urgent action on climate-related risks, warning that failure to do so could do more damage than the financial crisis......»»

BP will face pressure at a meeting next week to set tougher targets to combat climate change, the latest signal from investors that they want the oil and gas industry to do more to clean up its act......»»

Bankers’ pay should include an element indexed on attaining the net-zero emissions targets, said the major global investors......»»

Goldman Sachs Group Inc on Wednesday set targets to grow its fledgling consumer unit and transaction banking business while improving efficiency and returns to shareholders, but urged patience at its first-ever investor day presentation......»»

BlackRock Chief Executive Larry Fink warned company boards to step up efforts to tackle climate change, a significant shift by the world's biggest investment manager, which has faced mounting concerns about its role as a major fossil fuel investor......»»

U.S.-listed online travel giant Ctrip is talking to banks about a planned secondary listing in Hong Kong, putting the group at the head of a queue of Chinese companies expected to follow Alibaba in establishing an investor base closer to China......»»

U.S.-listed online travel giant Ctrip is talking to banks about a planned secondary listing in Hong Kong, putting the group at the head of a queue of Chinese companies expected to follow Alibaba in establishing an investor base closer to China......»»

The U.S. Securities and Exchange Commission risks weakening investor protections if it allows companies to raise money in the public market through a direct listing without the support of underwriting banks, an influential broker group said on Friday......»»

The major investor-led Climate Action 100+ report on 161 companies found that 70% have long-term emissions reduction plans, but just 9% have targets that are in line with or go beyond the minimum goal of the Paris Agreement......»»

Climate activists are going on the offensive with a hard-hitting new ad that takes Boeing to task for its role in Oregon's ferocious cap and trade debate earlier this summer. And the group behind the ad, Renew Oregon, said more “bad corporate act.....»»

German classified listings group Scout24 said on Tuesday it would explore a sale or spin-off of its autos platform after facing calls from activist investor Elliott to sell the business......»»

German classified listings group Scout24 , reporting upbeat second-quarter profits, said on Tuesday it would explore options for its autos platform after facing calls from activist investor Elliott to sell the business......»»

U.S. activist investor Elliott [ECAL.UL] has urged German classifieds group Scout24 to sell its car listings business and ramp up a share buyback program to boost returns to investors......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

A group of investors has called on Lyft Inc's board to scrap a proposed dual-class share structure, as the ride hailing company pitches its initial public offering to investors next week, the Financial Times reported on Saturday......»»

Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included the iPhone maker and one of the big banks. Bearish calls included a leading newspaper publisher and a sportswear giant. read more.....»»

Thyssenkrupp needs a broad overhaul in strategy carried about by a new external chief executive, as mid-term targets announced this week will not be enough to put the German group back on track, according to one of its investors......»»

The group behind the calls describes itself as "White Nationalist.....»»

The investor group is sticking to its 2015 playbook by buying shares of big state-owned enterprises. That’s not where the trouble is......»»