climate-change
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Business Leaders, Here Are Five Steps You Can Take Today to Reduce Your Climate Impact
Date: May 12, 2022
By Chris Bowden, Managing Director of Squeaky In our vitally endangered world, there is simply no version of the future in which business leaders can continue as they have always done. Because the reality is that every organisation, across every industry, will be transformed by the climate crisis. How an organisation fairs will depend on...
British Funds Tell Texas: Emission-Cut Vows Matter for Our Reputation
Date: May 12, 2022
By Ross Kerber (Reuters) – Two large British asset managers have defended their efforts to reduce emissions to Texas officials and said their firms could face reputational risks if they did not follow through on carbon-cutting commitments. The letters from Man Group PLC and from abrdn plc, reviewed by Reuters following a public records request,...
Axa, Unilever to Join New 1 Billion Euro Regenerative Agriculture Fund
Date: May 11, 2022
ZURICH (Reuters) – Insurer Axa and consumer goods group Unilever plan to invest 100 million euros each into a new 1 billion euro ($1.06 billion) regenerative agriculture fund to be managed by Tikehau Capital, the three groups said on Wednesday. The companies each aim to invest 100 million euros into the fund. They said they...
EU Lawmakers Clinch Compromises on Carbon Market Overhaul
Date: May 11, 2022
By Kate Abnett BRUSSELS (Reuters) – European Union lawmakers have reached initial agreements on reforms to the EU carbon market, as they prepare to negotiate an overhaul of the 27-country bloc’s core policy for reducing planet-warming emissions. Lawmakers representing a broad majority in the European Parliament’s environment committee, backed most of the changes, the legislature’s...
Bank of Spain Sees Moderate Immediate Risk to Banks From Climate Policies
Date: May 11, 2022
By Jesús Aguado MADRID (Reuters) – Spain’s transition to cleaner energy could bring more notable risks to sectors with higher CO2 emissions, such as transport, manufacturing and agriculture, though any impact on banks would be moderate in the short run, the Bank of Spain said. In an analysis of how increasing prices of CO2 emission...
Three Big Asset Managers File Joint Climate Resolutions at J-Power
Date: May 11, 2022
By Makiko Yamazaki TOKYO (Reuters) – Three European asset managers, including the largest, Amundi, said on Wednesday they had jointly filed climate-change resolutions at Japanese electricity generator Electric Power Development Co Ltd, known as J-Power. In what they say are the first climate-related proposals by an institutional investor group to a Japanese firm, Amundi, hedge...