Europe Stands Firm Against US-Driven ESG Backlash April 12, 2024 Steady investor demand in Europe for environmental and socially responsible investments and wide-ranging regulation are helping Europe’s finance industry withstand...
Climate Verdict for Swiss Women a Warning for European States, Oil Industry April 12, 2024 By Gloria Dickie, Kate Abnett and Alison Withers Governments and companies that are lax on climate action should be worried since this week’s European human rights court ruling...
US Senate Votes to Reject Rule to Cut Greenhouse Gas Emissions on Highways April 11, 2024 By David Shepardson The U.S. Senate on Wednesday passed a resolution that would overturn a federal agency’s rule requiring states to measure and...
Zurich Insurance to Halt Coverage of New Fossil-Fuel Exposures April 8, 2024 By Myriam Balezou and Gautam Naik Zurich Insurance Group AG will no longer underwrite new oil and gas projects, and is cracking down on clients planning...
US SEC Stays Climate Disclosure Rule Amid Legal Challenges April 5, 2024 By Isla Binnie Wall Street’s top regulator has stayed new climate-related disclosure requirements pending judicial review, the agency said in a statement on...
Majority of CO2 Emissions Linked to Just 57 Producers: Report April 4, 2024 By Kate Abnett and Riham Alkousaa The vast majority of planet-warming carbon dioxide emissions since 2016 can be traced to a group of 57 fossil fuel...
Shell Says Landmark Court Ruling Obstructs Fight Against Climate Change April 2, 2024 By Bart H. Meijer Shell on Tuesday told a Dutch court a 2021 order that it should drastically cut greenhouse gas emissions lacks a...
US Finalizes New Tailpipe Emissions Limits for Heavy Duty Vehicles April 1, 2024 By David Shepardson The U.S. government said on Friday it was finalizing tighter tailpipe emissions standards for heavy duty vehicles like semi-trucks and...
Challenges to SEC’s Climate Rules Sent to Appeals Court March 22, 2024 By Clark Mindock A U.S. judicial panel on Thursday consolidated at least nine lawsuits challenging the U.S. Securities and Exchange Commission’s new rules...
Dutch Airline KLM Loses Greenwashing Case on Climate Advertising March 21, 2024 By Sarah Jacob Dutch airline KLM misled customers through advertisements that suggested its flights are climate friendly, an Amsterdam court ruled. KLM makes...