Three competing plans to curb companies from exaggerating their green credentials could lead to more frustration and costs for businesses, especially starting next year.
Climate change has piqued everyone’s interest. By 2035, California intends to phase out the sale of gasoline-powered vehicles. By the same year, New Zealand hopes to have 30% of all car sales be electric.
Hundreds of health ministers and diplomats from around the world meet in Geneva this week for the World Health Organization’s first in-person assembly in three years as the U.N. agency seeks to define its future role in global health policy.
Banks and insurers that fail to manage climate risks as a “first-order” issue could face a 10% to 15% hit to annual profits and higher capital requirements, the Bank of England (BoE) said on Tuesday.
Flowcarbon, a blockchain-enabled carbon credit trading platform backed by WeWork founder Adam Neumann, has raised $70 million in its first major funding round, its chief executive told Reuters.
Climate change is hurting the insurance industry and only 8% of insurers are preparing adequately for its impact, consultants Capgemini and financial industry body Efma said in a report on Tuesday.
State conglomerate China Resources is in early-stage talks with Sihuan Pharmaceutical’s (0460.HK) chairman about jointly taking the Hong Kong-listed company private in a deal valuing it at nearly $3 billion, two people with knowledge of the matter said.
Thirty-four investors managing more than $7 trillion in assets have warned 17 of Europe’s largest companies, including BP (BP.L) and Volkswagen (VOWG_p.DE), that they could challenge board directors over their accounting of climate risks.
More than 100 United Nations member states will convene this month to draw up a blueprint for the first-ever global agreement to tackle plastic pollution. The U.N. says it could be the most important environmental pact since the Paris Agreement climate deal in 2015.
Britain’s GSK (GSK.L) forecast growth in 2022 after racking up 1.4 billion pounds ($1.9 billion) in COVID-related sales in 2021, beating quarterly forecasts in its first earnings report since rejecting Unilever’s (ULVR.L) bid for its consumer arm.
Three competing plans to curb companies from exaggerating their green credentials could lead to more frustration and costs for businesses, especially starting next year.
Climate change has piqued everyone’s interest. By 2035, California intends to phase out the sale of gasoline-powered vehicles. By the same year, New Zealand hopes to have 30% of all car sales be electric.
Hundreds of health ministers and diplomats from around the world meet in Geneva this week for the World Health Organization’s first in-person assembly in three years as the U.N. agency seeks to define its future role in global health policy.
Banks and insurers that fail to manage climate risks as a “first-order” issue could face a 10% to 15% hit to annual profits and higher capital requirements, the Bank of England (BoE) said on Tuesday.
Flowcarbon, a blockchain-enabled carbon credit trading platform backed by WeWork founder Adam Neumann, has raised $70 million in its first major funding round, its chief executive told Reuters.
Climate change is hurting the insurance industry and only 8% of insurers are preparing adequately for its impact, consultants Capgemini and financial industry body Efma said in a report on Tuesday.
State conglomerate China Resources is in early-stage talks with Sihuan Pharmaceutical’s (0460.HK) chairman about jointly taking the Hong Kong-listed company private in a deal valuing it at nearly $3 billion, two people with knowledge of the matter said.
Thirty-four investors managing more than $7 trillion in assets have warned 17 of Europe’s largest companies, including BP (BP.L) and Volkswagen (VOWG_p.DE), that they could challenge board directors over their accounting of climate risks.
More than 100 United Nations member states will convene this month to draw up a blueprint for the first-ever global agreement to tackle plastic pollution. The U.N. says it could be the most important environmental pact since the Paris Agreement climate deal in 2015.
Britain’s GSK (GSK.L) forecast growth in 2022 after racking up 1.4 billion pounds ($1.9 billion) in COVID-related sales in 2021, beating quarterly forecasts in its first earnings report since rejecting Unilever’s (ULVR.L) bid for its consumer arm.
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