Net-Zero Emissions Pledges by Big Global Companies Have ‘Credibility Gaps’: Report June 13, 2022 By Gloria Dickie and Simon Jessop Corporate plans to slash greenhouse gas emissions fall short of what is needed to combat climate change, with “major credibility...
Chubb Not Declaring Itself Net Zero, CEO Greenberg Says June 10, 2022 By Susanne Sclafane In addition to predicting greater geopolitical volatility driven by global food and energy insecurity, Chubb’s chief executive warned carriers to...
Head of Deutsche Bank’s Asset Manager Steps Down After ‘Greenwashing’ Raids June 2, 2022 By Tom Sims, Frank Siebelt and Paul Carrel FRANKFURT – The chief executive of top German asset manager DWS will step down next week, he said on Wednesday,...
Britain to Write Rules Forcing Companies to Publish Plans for Net Zero Transition April 25, 2022 By Huw Jones Britain unveiled a new taskforce on Monday to write rules forcing financial firms and listed companies to publish plans from...
New Global Standard Setter for Corporate Sustainability Drafts 1st Guidelines April 5, 2022 By Huw Jones A new global standard setter for company sustainability reporting set out its first draft guidelines on Thursday [March 31], entering...
U.N. to Hold Companies to Their Net-Zero Pledges With Group of 16 Experts April 1, 2022 By Valerie Volcovici The United Nations on Thursday announced the members of an expert group that will scrutinize corporate pledges to achieve net-zero...
Environmental Groups Sue TotalEnergies Over Climate Marketing Claims March 7, 2022 By Simon Jessop, Gloria Dickie and Benjamin Mallet A group of environmental organizations has filed a lawsuit in France against the country’s largest energy company TotalEnergies, accusing it...
Corporations That Fake Social Responsibility at Greater Risk of Cyber Attacks January 6, 2022 Corporations that do not take their vows to address environmental, cultural, social and political issues seriously could be putting a...
Insurers to Hike Private Market Investments; Environmental Focus Grows: BlackRock November 15, 2021 By Simon Jessop and Ross Kerber GLASGOW / NEW YORK – Insurers plan to increase their allocations to private markets to 14% from 11% over the...
Banks, Asset Managers, Representing 40% of World’s Assets, Vow to Meet Climate Goals November 3, 2021 By Tom Metcalf and Alex Morales Banks and asset managers representing 40% of the world’s financial assets have now pledged to meet the goals set out...