Jake Kroeger
jakekroeger.bsky.social
Jake Kroeger
@jakekroeger.bsky.social
Press for ShareAction 🌍 pushing for a financial system that works for people and planet 🏦🌱 views my own
Reposted by Jake Kroeger
Analysis into NatWest’s new oil & gas policy has found that the bank, which has long promoted its sustainability credentials, has subtly changed its policy wording to allow them to continue financing and profiting from oil & gas giant BP. 👇

www.independent.co.uk/climate-chan...
NatWest changes its policy over investing in oil and gas companies
Changing its language around what it can invest in raises serious questions over the bank’s formerly-pioneering green policy, campaigners say
www.independent.co.uk
April 23, 2025 at 11:34 AM
Reposted by Jake Kroeger
#BNPParibas has taken steps towards financing low-carbon energy solutions — but there is work to be done

We sent a letter asking them to set robust targets for sustainable grids & storage financing to support the effective rollout of #renewablepower

Read more⏬

shareaction.org/reports/beyo...
April 16, 2025 at 1:58 PM
Wise words from my colleague Louise in the piece:

“At this critical juncture, companies must make it clear to investors and their customers that they remain committed to tackling unfairness and inequity in the workplace. Now is not the time to step back.”
April 11, 2025 at 4:32 PM
Reposted by Jake Kroeger
The idea that new oil & gas fields are a key lever for economic dynamism in the UK is completely at odds with the reality of the North Sea basin's inexorably declining contribution to the UK's economic & energy security--not to mention the costs of escalating climate change. Some thoughts:
/1
New post just out

A timely guest post from John Kingman - chair of Legal + General and Barclays UK - on what Labour need to do if they're serious about getting the economy moving.

More important than ever given the impact of the Trump tariffs.

(£/free trial)

open.substack.com/pub/samf/p/t...
The Bazooka Revisited
Six ways for Labour to get the economy growing
open.substack.com
April 8, 2025 at 2:23 PM
Reposted by Jake Kroeger
Next, Marks and Spencer & JD sports are failing to provide their full workforce with a real Living Wage.

So we’ve filed shareholder resolutions at all three, asking them for more transparency around this & how they’re protecting their low-paid workers.

shareaction.org/living-wage-...
March 27, 2025 at 10:31 AM
We are working with investors to call on Next, M&S and JD Sports to tackle low wages in their workforces. 📢

This is a critical first step to better protect their staff and make our economy fairer and healthier. 🙏
March 27, 2025 at 10:17 AM
Reposted by Jake Kroeger
Compare Kemi Badenoch's position on net zero today with three years ago. Her comments then:

- "we know that growing our green industries is crucial to reaching net zero"
- "green jobs are the jobs of the future"

So what's changed? Apart from heat pumps and EVs getting cheaper?
Trade Secretary's speech at the Green Trade & Investment Expo
The International Trade Secretary, Kemi Badenoch, addresses businesses and investors at the Green Trade & Investment Expo in Gateshead.
www.gov.uk
March 18, 2025 at 9:38 AM
Incredible and haunting reporting from @arielledomb.bsky.social
March 10, 2025 at 1:52 PM
Reposted by Jake Kroeger
Clearly we are going to need asset owners to step up to drive responsible investment 🌍

People and planet are depending on their leadership to hold asset managers to account and steer things in the right direction 🧭
The world’s largest asset managers are failing to protect human rights, nature and climate

Just 4 out of 279 (1.4%) of the key shareholder proposals we analysed received majority support – a worrying new low

Read 'Voting Matters' 2024 here⬇

shareaction.org/reports/voti...
February 18, 2025 at 12:06 PM
Reposted by Jake Kroeger
Hi Bluesky! We're ShareAction. 👋

We’re an independent charity campaigning for a world where the financial system serves our planet and its people, and responsible investment is the norm.  🌎 🧑‍🤝‍🧑
February 12, 2025 at 2:43 PM
As my colleague Jeanne points out, it’s “deeply concerning” that energy companies are walking back on renewable comkitments as the effects of global heating intensify 🚨

Climate risk is financial risk and responsible investors must make it clear this is unacceptable 👎🏼

www.bbc.co.uk/news/article...
BP profits drop as it says it will reset strategy - BBC News
The oil giant is widely expected to say it will scale back on renewables later this month.
www.bbc.co.uk
February 12, 2025 at 12:40 PM
Banks can expect to see shareholder action if they don’t set targets grounded in science that clearly show how they will finance sectors critical to the transition such as renewable energy ⚠️

Read more on our letters to the CEO’s of Europe’s Biggest banks here: www.standard.co.uk/business/bus...
Big banks urged to step up on sustainable finance in 2025
ShareAction warned the banks they can expect to see shareholder action next year if they fail to meet investor expectations for greener practices.
www.standard.co.uk
December 17, 2024 at 4:04 PM
Reposted by Jake Kroeger
My first COP with E3G and it was a challenging one - if you're still decompressing and looking for some lessons learnt would recommend our latest blog on climate action in a multipolar world.

💪 Shout out to the amazing team @e3g.bsky.social who worked non stop 💚

👉 www.e3g.org/news/baku-sh...
Baku showed us a glimpse of the new multipolar world – five lessons from COP29
Delegates left COP29 with very mixed emotions. A deal had been reached and the Paris climate regime lives to fight another day.
www.e3g.org
November 26, 2024 at 11:58 AM
‘When food and beverage companies design their own models [of health], this “essentially amounts to them marking their own homework,”’ Thomas Abrams from ShareAction in today’s Moral Money: on.ft.com/3OmzC1Q
COP29 struggles to break climate finance deadlock
Wealthy and developing nations in disagreement on crucial issues as climate summit nears its close
on.ft.com
November 22, 2024 at 12:33 PM
Today, a group of shareholders has written to six CEOs of major food and drinks companies calling on the sector to be more transparent on how it reports on health 🍫🥤

More on a crucial first step to Big Food taking accountability for its impact on public health here: shareaction.org/news/investo...
Investors challenge food and drink sector to act on public health
Shareholders in food and drink giants such as PepsiCo, Coca-Cola and Mondelez are among a group of investors calling on the sector to be more transparent…
shareaction.org
November 21, 2024 at 3:53 PM
NatWest must close loopholes in their oil and gas policies which allow them to finance companies like BP with no clear plans to stop expanding oil and gas 🚫

My colleague Kelly Shields spoke to Channel 4 about the issue as part of their investigation with @tbij.bsky.social: youtu.be/_1UhlTbHVB8
‘What on earth are we doing?’ - Albanian PM tears up speech at COP29
YouTube video by Channel 4 News
youtu.be
November 14, 2024 at 3:14 PM