ConocoPhillips has improved its climate policies, practices and disclosures to help assure investors of its preparation towards the low-carbon economy. EOS has engaged with the company to achieve best practice and communicate this publicly.
Our engagement activities enable long-term institutional investors to be more active owners of their assets, through dialogue with companies on environmental, social and governance issues.
In 2010, Duke Energy adopted its first carbon dioxide emissions reduction target – it planned to reduce emissions 17% below the 2005 levels by 2020. The Clean Power Plan (CPP) was finalised in 2015 by the US Environmental Protection Agency, targeting power generation emissions reductions of 32% by 2030 relative to 2005. The Supreme Court stayed the CPP’s requirements in early 2016 and it was never implemented.
