Keyword "ESG" - List of latest news (1 016 results)

06:48 Meta’s oversight board rebukes company over policy overhaul

Meta Platforms’ Oversight Board on Wednesday sharply rebuked the Facebook and Instagram owner over a policy overhaul in January that cut fact-checking and eased curbs on discussions of contentious topics such as immigration and gender identity.

22/04 Exclusive: LG, Samsung sue Indian government over electronic-waste pricing policy

South Korea's LG and Samsung have sued India's government to quash a policy which increases payouts to electronic-waste recyclers, court filings show, joining other major companies in contesting the country's environmental rules citing business impact.

21/04 Shopify must face data privacy lawsuit in US

A U.S. appeals court on Monday revived a proposed data privacy class action against Shopify , a decision that could make it easier for American courts to assert jurisdiction over internet-based platforms.

17/04 Oil giant BP braces for shareholder showdown over green strategy U-turn

Britain's oil giant recently sought to resolve something of an identity crisis by launching a strategic reset.

16/04 California attorney general declines to join Musk's lawsuit against OpenAI

The California attorney general's office declined to join a lawsuit by Elon Musk against OpenAI, the agency wrote in a letter made public on Tuesday, saying that the office did not see how Musk's action serves the public interest of the state.

15/04 Former US labor officials urge contractors to stand firm on DEI

A group of former U.S. Department of Labor officials has urged federal contractors to maintain their corporate diversity policies in the face of legal threats by the Trump administration, a letter seen exclusively by Reuters showed.

14/04 Most CEOs were doubting their boards even before Trump's tariff turmoil, survey finds

Even before U.S. President Donald Trump's tariffs threw markets and companies into turmoil, global CEOs were already unhappy with the support they were getting from their boards of directors in navigating uncertainty, a survey showed on Monday.

10/04 HDC Hyundai Industrial Development, Dongdaemun -gu Volunteer Activities… Throw the dirt ball and Flogging

HDC Hyundai Industrial Development (294870) announced on the 10th that it had volunteered at the Children's Center in Dongdaemun -gu, Seoul. HDC Hyundai Development Development I -Park Field Staff, Dongdaemun -gu Residents, and Local Center Children, which will enter the first district, are EM (useful ... useful ...

04/04 Meta can be sued in Kenya over posts related to Ethiopia violence, court rules

A Kenyan court has ruled that Facebook's parent company Meta can be sued in the East African country over its alleged role in promoting content that led to ethnic violence in neighbouring Ethiopia, a plaintiff in the case said.

03/04 Republican-led states demand 20 law firms disclose DEI practices

Attorneys general from 12 Republican-led U.S. states sent letters on Thursday to 20 major law firms demanding information about their diversity, equity and inclusion (DEI) employment practices, building on a similar request to the same firms by the U.S. agency that enforces federal laws banning workplace discrimination.

02/04 Doug Emhoff's law firm Willkie Farr & Gallagher reaches deal with Trump

The law firm of former Vice President Kamala Harris's husband struck a deal with Donald Trump to avert an executive order targeting its business, becoming the latest firm to cut a deal with the U.S. president as he seeks to punish perceived enemies in the legal profession.

31/03 US embassies tell suppliers to comply with Trump ban on diversity policies

The Trump administration has warned suppliers to U.S. embassies and consulates as well as recipients of U.S. grants worldwide that they must comply with its ban on Diversity, Equity and Inclusion (DEI) programmes or risk losing payments.

31/03 Exclusive: White House weighs executive order to fast-track deep-sea mining, sources say

The White House is weighing an executive order that would fast-track permitting for deep-sea mining in international waters and let mining companies bypass a United Nations-backed review process, according to two sources with direct knowledge of the deliberations.

31/03 Union sues to block Trump from ending collective bargaining for many federal workers

A union that represents 150,000 U.S. government employees filed a lawsuit on Monday seeking to block President Donald Trump from stripping hundreds of thousands of federal workers of the ability to collectively bargain with government agencies through their unions.

29/03 US warns French companies they must comply with Trump's diversity ban

The Trump administration has written to French companies holding U.S. government contracts ordering them to comply with an executive order banning diversity, equity and inclusion programmes, two people familiar with the matter said.

29/03 Increase AI! Education leader, double-digit growth

Increase AI! Education leader, double-digit growth

28/03 FCC opening probe into diversity practices at Disney and ABC

The head of the Federal Communications Commission on Friday said he is opening an investigation into the diversity practices of Walt Disney and its ABC unit, saying they may violate U.S. equal employment opportunity regulations.

28/03 Judge blocks Trump's Labor Department from requiring grant recipients to abandon DEI

A U.S. judge on Thursday temporarily allowed Labor Department grant recipients to continue their diversity, equity and inclusion programs, but the judge allowed the Trump administration to bar most "equity-related grants."

27/03 US health department cutting 10,000 workers under Kennedy

The U.S. Department of Health and Human Services will cut about 10,000 full-time jobs and close half of its regional offices, it said on Thursday, a major overhaul of the department under Secretary Robert F. Kennedy Jr.

24/03 Where do legal cases against Trump's policies stand?

President Donald Trump's agenda has partially stalled in court as judges block his efforts to crack down on immigration and rein in Elon Musk's hunt for government fraud and waste, though the administration has scored some wins and is appealing its losses.

21/03 JPMorgan makes changes to its diversity programs, memo says

JPMorgan Chase Chief Operating Officer Jenn Piepszak said the bank was making some changes to its Diversity, Equity and Inclusion programs and the language it uses to describe them in an effort to keep up with the market and changes in regulations, according to a memo seen by Reuters.

21/03 Exclusive: JPMorgan asset management unit quits industry climate coalition

JPMorgan Chase & Co said its asset management unit has left a flagship industry climate effort, a blow to the group that had paused operations in January in an effort to halt defections amid political pressure from U.S. Republicans.

20/03 Exclusive Poll: Majority of Americans Oppose ESG as State Financial Officers Fight Against It

A majority of Americans oppose controversial ESG policies, which state financial officers have committed to fighting across the nation.

18/03 ESG down but not out: SA's businesses need to step up after Trump’s exit from JET

The recent withdrawal of the US from South Africa’s Just Energy Transition (JET) partnership is another stark reminder that sustainability cannot rest on the shifting sands of political will.Image source: FreepikLaunched in 2021, the JET is a multi-billion-dollar initiative aimed at helping coal-dependent emerging economies transition towards cleaner energies. America’s withdrawal has reduced Sout

13/03 How plastic is revolutionising fuel-efficient cars and green mobility

In today's rapidly evolving world, sustainability leads the charge in innovation. Every industry strives to diminish its environmental footprint, with the automotive sector at the forefront of this transformation. The integration of plastic into vehicle design is playing a pivotal role in advancing green mobility, a fact that may come as a surprise to many.The key role of lightweight plastic in fu

10/03 Forms, inspections, reports: German businesses beg for bureaucracy relief

If Germany is to quickly revive its flagging industrial economy, businesses say the country's new leadership must make drastic reductions to bureaucracy alongside their radical plans to boost public investment.

09/03 Flights cancelled at Hamburg airport as strike starts a day early

The Verdi trade union did not give notice of the move, which forced the cancellation of nearly 300 flights.

09/03 Environmental NGO sues Trump's EPA, Citibank over funding freeze

It is the latest in a scores of cases filed by nonprofit groups, state attorneys general and others.

07/03 Pension giants could scupper UK's plans to boost defence spending

Labour's plans to spend more on defence could hit a wall because many pension funds avoid arms-related investments on ethical grounds.

04/03 Target braces for first-quarter profit pressure due to tariffs, low demand

Target warned on Tuesday that uncertainty around tariffs would weigh on the retailer's profit in the first quarter and doubled down on sourcing more of its products from countries including Guatemala.

03/03 DEI programs and Trump: End of the feel-good rhetoric

Companies in the USA are traveling their diversity programs in rows. Trump brought them to a dilemma - but also kept the mirror to them.

27/02 South Africans are embracing eco-friendly practices, but challenges remain

Sustainability has become more than just a buzzword for South Africans. From recycling to adopting renewable energy, consumers are actively taking steps towards more eco-friendly lifestyles. But according to KLA’s YouGov Profiles platform, there are still significant barriers to widespread adoption.South Africans are divided on how much companies, especially those in the energy sector, care about

23/02 Morris: America Has to Fight Back Against the Climate Change, 'ESG Mafia'

Nate Morris said that America has to fight back against the ESG "mafia," noting they push leftist policies on corporations.

20/02 ZCAST: What makes ESG so up and how do not consider it a burden?

The aim of the ESG is to provide companies to make their operation more sustainable in the midst of truly multiplied problems and to make consumers more conscious decision. In the second broadcast of Zcast this year, we clarify the exact meaning and significance of the ESG, the obligations that come with it, but most importantly, our experts highlight how to see it.

12/02 Donald Trump would go to the European Sustainability Law

Strict ESG rules affecting the supplier chain and ethical operation are detrimental to the competitiveness of US companies.

30/01 What are the three materiality and non -financial KPIs set by Resonak, a "world -class functional chemical manufacturer"?

It is no exaggeration to say that sustainability is now the most important management strategy. On the other hand, there are many factors that are difficult to balance, such as cost and profitability, short -term goals, and medium- to long -term goals, and companies carry out bold business transformation while involving investors for the "future". You need to go. In this series, from "Sustainabili

25/01 Ben & Jerry's accuses Unilever of muzzling it because of Trump

Ben & Jerry's wants a court order freeing the board to continue oversight of its social mission, and requiring Unilever to honor its commitment to make $25 million of payments to groups chosen by the ice cream company.

24/01 Despite Trump order, abandoning DEI could land companies in legal trouble

U.S. companies that scale back workplace diversity efforts to avoid scrutiny from the Trump administration may be exposing themselves to more discrimination lawsuits by workers, experts said.

24/01 India antitrust body seeks official documents in Pernod Ricard probe

India's antitrust watchdog has sought additional information and documents from Delhi city authorities as it steps up an investigation into allegations of competition law violations by France's Pernod Ricard , a government document shows.

24/01 Costco shareholders vote against proposal for report on diversity programs

Costco Wholesale shareholders voted against a proposal requesting a report on the risks of maintaining its diversity and inclusion initiatives, the U.S. company said on Thursday, against the backdrop of intense scrutiny of such policies.

23/01 Trump's attack on diversity programs, bureaucracy sends US agencies scrambling

U.S. agencies under new President Donald Trump are pushing to implement his mandates to reshape the federal bureaucracy, encouraging workers to report any clandestine efforts to maintain diversity programs and sidelining more than 150 national security and foreign policy officials.

23/01 Explainer: Trump says corporate diversity efforts are illegal - but are they?

President Donald Trump has issued an executive order designed to eradicate workforce diversity, equity and inclusion (DEI) initiatives in the federal government and the private sector. Trump suggested that some companies will face investigations and legal action if their programs are deemed to be discriminatory.

23/01 Exclusive: India watchdog faults probe of Foxconn hiring, orders new inquiry

India's powerful human rights watchdog has admonished labor officials for failure to adequately investigate evidence of employment discrimination at Foxconn, which makes Apple iPhones, and told them to re-examine the matter, documents show.

22/01 Trump's climate withdrawal creates rare discord with Big Oil

U.S. oil and gas producers are thrilled that President Donald Trump wants to encourage domestic energy development but say his decision to withdraw the United States from international climate cooperation will not help their investment plans in the global transition to cleaner energy.

22/01 Trump's DEI cuts force Davos elite to find new words for diversity

President Donald Trump's escalating pressure on the private sector to ditch diversity programs has left some in Davos searching for new words to describe workplace practices they say are essential to their businesses.

22/01 Carbon markets investor kicks off $1.5 billion Amazon protection plan in Davos

A carbon markets investor backed by Swiss-trading house Mercuria said on Wednesday it had joined with two non-profits to raise an initial $1.5 billion to help protect the Amazon, by working with Brazilian states, farmers and local communities.

22/01 Trump escalates campaign to dismantle government diversity programs

U.S. President Donald Trump escalated his assault on diversity programs on Tuesday by pressuring the private sector to join the initiative, ordering aviation officials to review diversity hires and telling employees of DEI government offices and programs they would be placed on paid leave.

20/01 Heineken's United Breweries to resume beer supply to Indian state

Heineken's Indian unit United Breweries will resume beer supplies to India's Telangana state, the company said on Monday, weeks after it halted supply over pricing and non-payment of dues by the state government.

18/01 Top Canadian banks quit global climate coalition ahead of Trump inauguration

Four of Canada's biggest lenders said on Friday they were withdrawing from a global banking sector climate coalition, joining six major U.S. banks.

16/01 The list of winners of the 2024 Corporate ESG Golden Responsibility Award is released

The list of winners of the 2024 Corporate ESG Golden Responsibility Award is released

16/01 Toyota unit Hino Motors reaches $1.6 billion US diesel emissions settlement

Toyota Motor unit Hino Motors has agreed a $1.6 billion settlement with U.S. agencies and will plead guilty over excess diesel engine emissions in more than 105,000 U.S. vehicles, the company and U.S. government said on Wednesday.

14/01 Europe's largest pension fund has sold its stake in Tesla

Because of Elon Musk's salary and working conditions in the company

14/01 Breakingviews - Wall St climate cop-out is superficial — for now

Talk about bad timing. Five years ago BlackRock boss Larry Fink made tackling climate change a priority. On Thursday, the world's largest investment firm with $11.5 trillion in assets pulled out of the Net Zero Asset Managers initiative while large swathes of Los Angeles were burning in fires at least in part worsened by rising greenhouse-gas emissions. It's not alone. Other Wall Street heavyweigh

12/01 Apple's board recommends shareholders vote against proposal to eliminate diversity programs

Apple's board of directors recommended investors vote against a shareholder proposal to abolish the company's Diversity, Equity, and Inclusion (DEI) programs, according to a proxy filing from the company.

11/01 Trump, Zuckerberg meet at Mar-a-Lago, Semafor reports

Meta CEO Mark Zuckerberg met with U.S. President-elect Donald Trump at Mar-a-Lago on Friday, Semafor news website reported, citing a source familiar with the matter.

11/01 American Airlines' focus on ESG in 401(k) plan is illegal, US judge rules

A federal judge in Texas on Friday said American Airlines violated federal law by basing investment decisions for its employee retirement plan on environmental, social and other non-financial factors.

10/01 Meta to end diversity programs ahead of Trump inauguration

Meta Platforms is ending its diversity, equity, and inclusion (DEI) programs, including those for hiring, training and picking suppliers, it said in a memo to employees posted on an internal company forum on Friday.

10/01 Former WWE CEO Vince McMahon settles with SEC over undisclosed settlements with women

Vince McMahon, the former World Wrestling Entertainment chief executive, settled U.S. Securities and Exchange Commission charges he concealed from the company's board two settlement agreements worth $10.5 million with women who had potential claims against him.

10/01 Politics, not climate, to drive sustainable finance trends in 2025

A turbulent year for sustainable finance is set to continue in 2025 as the return of Donald Trump as U.S. president heralds more regional divergence on everything from fund flows to legal cases and market regulations.

09/01 US lobbied Greenland rare earths developer Tanbreez not to sell to China

U.S. and Danish officials lobbied the developer of Greenland's largest rare earths deposit last year not to sell its project to Chinese-linked firms, its CEO told Reuters, adding it has been in regular talks with Washington as it reviews funding options to develop the island's critical minerals.

09/01 BlackRock quits climate group in Wall Street's latest environmental step-back

BlackRock , the world's biggest asset manager, said on Thursday it will leave the Net Zero Asset Managers initiative, Wall Street's latest environmental step-back amid antitrust concerns raised by Republican politicians.

09/01 Shareholders urge UnitedHealth to analyze impact of healthcare denials

UnitedHealth Group shareholders on Wednesday said they requested the company prepare a report on the costs and public health impact related to its "practices that limit or delay access to healthcare."

08/01 Exclusive: BYD brought hundreds of Chinese workers to Brazil on irregular visas-inspector

Electric vehicle producer BYD brought hundreds of Chinese workers on irregular visas to build a factory in Brazil, a key labor inspector told Reuters on Tuesday, adding the company has pledged to comply with local labor laws for the workers remaining in the country.

07/01 Exxon sues California AG, environmental groups over attacks on recycling efforts

Exxon Mobil filed a lawsuit on Monday against California Attorney General Rob Bonta and several environmental groups, court records show, accusing them of defaming and disparaging the oil giant's advanced plastics recycling initiatives.

06/01 Google should be forced to bargain with contractor's union, US labor agency says

Alphabet's Google is facing a second complaint from a U.S. labor board claiming that it is the employer of contract workers and must bargain with their union, the agency said on Monday.

06/01 Boardroom diversity stalls in the face of conservative backlash

In the aftermath of George Floyd's killing in 2020, investor Mellody Hobson recalls frequent calls from directors at Fortune 500 companies for references to diverse candidates for boards. Now, she says, it's "very sporadic."

04/01 UBS investigates undisclosed Nazi-linked accounts at Credit Suisse

An independent ombudsman said a probe revealed signs of a cover-up.

04/01 PayPal accused of racial bias against Asian Americans in funding program

PayPal has been sued by an Asian American businesswoman who accused the digital payments company of racial bias for restricting part of a $535 million investment program to Black and Hispanic applicants, costing her millions of dollars.

03/01 Exclusive: Biden administration issues permit for Perpetua's Idaho antimony and gold mine

The Biden administration on Friday issued the final mining permit for Perpetua Resources' antimony and gold mine in Idaho, according to two sources familiar with the matter, a move aimed at offseting China's near-total market control of a metal used widely across the defense and energy sectors.

03/01 TikTok knew its livestreams exploit children, Utah lawsuit claims

TikTok has long known its video livestreams encourage sexual conduct and exploit children yet turned a blind eye because it "profited significantly" from them, according to newly unsealed material in a lawsuit by the state of Utah.

03/01 Dense smog shrouds Indian capital, threatening to disrupt flights

Thick smog engulfed the Indian capital on Friday, prompting warnings of possible flight disruptions from airport and airline officials, as worsening air quality cut visibility to zero in some areas.

31/12 Inside luxury goods' broken audit system

LVMH-owned Dior's production arm in Italy, Manufactures Dior, relied on formal inspections to assess working and safety standards inside its supply chain last year. In some cases, such certifications missed glaring problems, a Reuters review of unpublished court documents has found.

27/12 OpenAI outlines new for-profit structure in bid to stay ahead in costly AI race

OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it easier to "raise more capital than we'd imagined," and remove the restrictions imposed on the startup by its current nonprofit parent.

25/12 South Korea's Yoon defies second agency summons over martial law

South Korea's suspended President Yoon Suk Yeol did not respond on Wednesday to a second summons by anti-corruption authorities who, along with prosecutors, are investigating his short-lived martial law decree issued early this month.

24/12 Exclusive: India reviews $30 billion sulphur-cutting programme for coal plants

India is reviewing a decade-old $30 billion programme requiring coal-fired power plants to install equipment to cut sulphur emissions after government-backed studies showed they had little impact on curbing pollution, according to a document reviewed by Reuters.

20/12 Turmoil at Colombia's Ecopetrol raises profit fears ahead of US investment decision

Alleged interference by Colombian President Gustavo Petro in majority state-owned Ecopetrol and purges of hundreds of staff to make way for pro-government replacements are fueling fears about the energy company's future profits and contributions to the economy.

19/12 Amazon agrees to worker safety measures to settle US probe

Amazon.com will implement new safety measures at all of its U.S. facilities to settle a federal agency's claims that it failed to prevent workers from developing back problems and other ergonomic injuries, the agency said on Thursday.

18/12 Montana top court says youth have right to stable climate

Montana's top court ruled on Wednesday the state's constitution guarantees a right to a stable climate and invalidates laws barring regulators from considering the effects of greenhouse-gas emissions when permitting fossil-fuel projects.

17/12 The $80 million question: Can bond reward force Sri Lanka to improve governance?

Investors burned by Sri Lanka's $12.5 billion debt default are using the subsequent years-long restructuring to try to force the island nation's leaders to better manage the country.

17/12 India's solar energy agency changes bidding policy after Adani bribery allegations, says source

About 75% of new Solar Energy Corporation of India bids for renewable power will now be based on specific demand from states.

17/12 BHP, Rio Tinto to build low-carbon iron pilot plant in Western Australia

Australia's BHP and Rio Tinto will jointly develop a pilot plant to produce low-carbon iron from Pilbara ores as they take steps to speed up decarbonisation in the steel industry, the companies said in a joint statement on Tuesday.

14/12 'Defence is Not Pornography': NATO Pushback Debanking of Arms Firms

ESG- style debanking of defence becoming so severe NATO has appealed to the public to say they support banks having investments in arms.

12/12 BHP and Rio pressured women to sign NDAs after sexual harassment complaints, lawyer says

BHP and Rio Tinto have used confidentiality agreements to prevent female employees from speaking about sexual harassment at work, according to a lawyer leading Australian class action lawsuits against the miners.

11/12 Exxon sets plan to boost oil and gas output by 18%

Exxon Mobil on Wednesday said its annual project spending will rise to between $28 billion and $33 billion between 2026 and 2030 as it looks to boost its oil and gas output by 18%.

11/12 EY worker's death spotlights India's unprotected white-collar labour

Authorities in two Indian states that are driving its economic growth are drafting tighter workplace rules and inspections to protect white collar employees following the death of a young executive at global consultancy Ernst & Young (EY), which her family blamed on overwork.

09/12 Australia's Woolworths hikes worker wages to resolve strike action, shares gain

Australia's top grocer Woolworths said on Monday it has reached an agreement with industrial union workers to increase wages, resolving the strike action that had been affecting store service levels at Woolworths supermarkets across Australia.

07/12 A native rural rancher earns 3 million won in three days ‘here’

‘Christmas Market’ at Simon Terrace starting on the 6th... Local economy ‘fluttering’ The Hyundai pop-up and super large tree attract attention... A place visited by 30,000 people in two days (Seoul = News 1) Reporter Jang Si-on = "I'm a native of Icheon... I'm so, so thankful." Jang Mi-kyung (60), who was born and raised in Icheon, is a 30-year veteran ranch owner. First-class milk made without c

07/12 Boeing's top lobbyist departing planemaker, CEO says

Boeing's head of government affairs and top lobbyist is leaving effective immediately, the planemaker's CEO told employees in an email Friday.

06/12 US judge says Southwest must face bias claims over free flights for Hispanic students

A U.S. judge on Friday said Southwest Airlines must face a lawsuit by a prominent affirmative action opponent claiming a now-defunct program that awarded free flights to Hispanic college students was racially discriminatory.

06/12 Exclusive: WhatsApp use by Credit Suisse staff scrutinised by UK regulator, documents show

The UK's Financial Conduct Authority is scrutinising allegations that some former Credit Suisse employees shared confidential information over the WhatsApp messaging platform, documents seen by Reuters show.

05/12 South African Airways cancels some flights as pilots go on strike

South African Airways said it had cancelled flights to Perth and Sao Paulo on Thursday after receiving confirmation from the SAA Pilots Association that they planned to strike following a deadlock in pay talks.

04/12 Investment: Falling debt costs will drive recovery in 2025

Improving debt liquidity, the stabilisation of yields and a narrowing of the bid-ask spread will lead to more activity

04/12 Norway wealth fund divests from Israel's Bezeq for providing telecoms services to West Bank settlements

Norway's sovereign wealth fund, the world's largest, has sold all of its shares in Israel's Bezeq as it provides telecoms services to the Israeli settlements in the occupied West Bank, it said late on Tuesday.

04/12 Exclusive: Pernod Ricard denied breaching India law. Its lawyers said otherwise

An internal investigation ordered by Pernod Ricard concluded that top executives at its India business violated the law by colluding with alcohol retailers in New Delhi, according to a document seen by Reuters, even as the French giant's representatives denied wrongdoing in court and publicly.

03/12 Which countries have completed debt swaps for nature and climate

Debt swaps are becoming a more widely used tool to help indebted countries raise money for conservation or climate-related projects.

03/12 Barbados completes world first debt swap for climate resilience

Barbados has completed what it calls the world's first 'debt-for-climate resilience' swap which will see it invest $165 million in water infrastructure, food security and environmental protection to help the Caribbean island adapt to the damaging effects of climate change.

02/12 Apple accused of silencing workers, spying on personal devices

Apple has been accused in a new lawsuit of illegally monitoring its workers' personal devices and iCloud accounts while also barring them from discussing their pay and working conditions.

02/12 Swiss corruption case involving Trafigura and former executive opens

Trafigura and three other defendants including a former board member go on trial over the alleged payment of bribes to an Angolan oil official for oil deals in a landmark case that opens on Monday.

02/12 Exclusive: UN calls for $2.6 trillion investment to reverse land degradation

A large chunk of the around $1 billion a day that is required will need to come from the private sector.

01/12 Norway to stop deep-sea mining, says party supporting minority government

The ocean floor has metals in high demand as nations transition from fossil fuels.

27/11 BlackRock, Vanguard, State Street sued by Republican states over climate push

BlackRock , Vanguard and State Street have been sued by Texas and 10 other Republican-led states, which said the large asset managers violated antitrust law through climate activism that reduced coal production and boosted energy prices.

27/11 Exclusive: Exxon lobbyist investigated over hack-and-leak of environmentalist emails, sources say

The FBI has been investigating a longtime Exxon Mobil consultant over the contractor's alleged role in a hack-and-leak operation that targeted hundreds of the oil company’s biggest critics, according to three people familiar with the matter.

27/11 Hotline Launched to Snitch on Woke Corporate Politics

A hotline has launched to help American workers snitch on woke corporate politics, according to photos obtained by Breitbart News.

26/11 Walmart Pulls Back from Diversity Policies in Latest Corporate Abandonment

Walmart announced it would scrap its DEI efforts, becoming the latest in corporate America's retreat from "woke" policies.

26/11 Walmart to roll back some diversity policies amid pressure from conservatives

Walmart plans to cut back some of its diversity, equity and inclusion (DEI) initiatives, a spokesperson for the retailer said on Monday, joining a growing list of firms feeling the heat from conservative groups.

26/11 Disney settles suit over women's pay for $43 million

Walt Disney has agreed to pay $43.3 million to settle a lawsuit alleging that its female employees in California earned $150 million less than their male counterparts over an eight-year period, the plaintiffs' lawyers said in a statement on Monday.

25/11 Business seeks details in face of mixed COP29 climate messages

COP29 deals on finance and carbon markets could lead to billions more dollars flowing around the business world if countries next year can deliver climate plans with clear policies for markets and investment.

25/11 Contentious COP29 deal shows climate cooperation fraying at edges

COP29 President Mukhtar Babayev's preparation for different outcomes at the divisive summit in Azerbaijan reflected what many had already known before it began: the Baku climate talks were never going to go smoothly.

23/11 Adani Energy Solutions says no material impact from Kenya energy deal cancellation

Adani Energy Solutions said on Saturday that Kenya's cancellation of a $736 million transmission line project did not require it to make any regulatory disclosure under Indian stock exchange rules as it was within its ordinary course of business.

22/11 Adani's bribery scandal raises concern on market, public disclosure lapses

In March, Adani Group's head of corporate finance wrote an email to one of its lenders, calling as "baseless" a media report on the group's alleged bribery investigation in the United States. That email was also marked to top finance executive Sagar Adani.

22/11 COP29 host urges collaboration as deal negotiations enter final stage

COP29 climate summit host Azerbaijan urged participating countries to bridge their differences and come up with a finance deal, as negotiations at the two-week conference entered their final hours.

22/11 What's next for Gautam Adani after U.S. bribery, fraud charges?

Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world's richest people, could face a long road to trial in the U.S. on criminal charges over his alleged role in a multi-billion-dollar fraud and bribery scheme.

22/11 'Bribe notes' with per megawatt rates: filings detail Sagar Adani's role in Indian scandal

A U.S. indictment of top executives of India's Adani Group has put a spotlight on Sagar Adani, a millennial scion of the company who kept track of hundreds of millions of dollars of alleged bribes to Indian officials on his mobile phone, court filings show.

21/11 Kenya cancels proposed deals with Adani Group after U.S. indictments

Kenyan President William Ruto said on Thursday he had ordered the cancellation of a procurement process expected to hand control of the country's main airport to India's Adani Group following the indictment of the company's founder in the United States.

21/11 Container shippers hedging green transition with dual-fuel vessel orders

Hybrid engines allow operators to fall back on petroleum if green fuels are too costly.

21/11 New COP29 proposal shows wide gap persists on climate funding deal

The United Nations climate body published on Thursday fresh options for the COP29 summit's primary goal of agreeing how much money richer countries should provide poorer ones to help them tackle climate change.

20/11 News Corp says investors reject proposal to end dual class voting structure

News Corp said on Wednesday that investors rejected a proposal by activist investor Starboard Value to break the Murdoch family's grip on the publisher by ending a dual class voting structure.

20/11 COP29: Climate finance talks face 'hardest' stage as summit nears end-game

With a notional Friday deadline looming, frustration over the lack of progress so far was starting to seep out of the negotiating rooms.

19/11 How development banks are failing to attract enough private money to climate fight

As officials from around the world strive this week to reach a deal on funding for poorer countries to tackle climate change, investment manager Rob Drijkoningen is the sort of person they're hoping will help get them there.

18/11 Summit host Azerbaijan warns COP29 cannot succeed without G20 boost

Leaders of the world's biggest economies must send a clear signal on the need to tackle global warming, COP29 climate summit host Azerbaijan said on Monday.

18/11 Can a COP29 deal clean up scandal-ridden carbon offsets?

A deal at the COP29 climate talks on trading carbon credits could see billions of dollars move into emissions-reduction projects this decade but after a string of scandals, the market will first need to win over wary countries and communities.

18/11 European oil giants step back from renewables path

Almost five years ago, BP embarked on an ambitious attempt to transform itself from an oil company into a business focused on low-carbon power.

17/11 Big Oil's climate targets

The world's biggest oil and gas companies have set varying targets to reduce greenhouse gas emissions from their operations and the combustion of the products they sell.

15/11 Global carbon offset standard setter okays three deforestation project types

The move aims to restore confidence in the market.

15/11 Barclays ordered to pay ex-banker $63,000 over working hours, sex discrimination

Barclays has been ordered to pay a former banker with endometriosis and anxiety almost 50,000 pounds ($63,500) for failing to adjust her working hours and for sex discrimination, a London tribunal has ruled.

14/11 COP29 climate talks urged to find $1 trillion a year for poorer countries

Experts said poor states need at least $1 trillion per year by the end of the decade to move to greener energy and protect against extreme weather.

13/11 Finance and business deals announced at COP29 climate talks

The latest round of global climate talks in Baku, Azerbaijan, has drawn in 60,000 delegates, including many from the worlds of business and finance.

13/11 Development bank financing pledge gives COP29 summit early boost

COP29 negotiators welcomed as an early boost to the two-week summit a pledge by major development banks to lift funding to poor and middle-income countries struggling with global warming.

12/11 US sets methane fee on oil, gas emitters as Biden term winds down

U.S. President Joe Biden's administration on Tuesday finalized a methane fee for big oil and gas producers meant to slash emissions of the powerful greenhouse gas, but which is likely to be scrapped by the incoming presidency of Donald Trump.

12/11 COP29: Pay up or face climate-led disaster for humanity, warns UN chief

United Nations Secretary-General Antonio Guterres told world leaders at the COP29 summit on Tuesday to "pay up" to prevent climate-led humanitarian disasters, and said time was running out to limit a destructive rise in global temperatures.

11/11 Exclusive: ADB increases climate finance after US, Japan give world's first sovereign guarantees

The Asian Development Bank will increase its climate-related lending by up to $7.2 billion after the United States and Japan agreed to underwrite risk for some existing loans, an ADB executive said, marking the first ever sovereign guarantees for climate finance.

09/11 Explainer: COP29: What is a carbon credit? What is Article 6?

Countries at the U.N. COP29 climate summit in Azerbaijan will attempt to agree rules for a global system for trading carbon offset credits.

07/11 Exclusive: Washington seals $475 million loan for battery recycler Li-Cycle ahead of Trump's arrival

The U.S. Department of Energy on Thursday finalized a $475 million loan for Li-Cycle Holdings , giving the metals recycler a financial lifeline to build a New York battery processing facility seen as key to outgoing President Joe Biden's vision for a domestic electric vehicle supply chain.

06/11 Trump return will slow, not stop, US clean energy boom

Donald Trump's return to the White House will refocus the nation's energy policy onto maximizing oil and gas production and away from fighting climate change, but the Republican win in Tuesday's presidential elections is unlikely to dramatically slow the U.S. renewable energy boom.

05/11 Tax fraud investigators search Netflix offices in Paris and Amsterdam, says source

Investigators searched the offices of U.S. streaming giant Netflix in France and the Netherlands as part of a preliminary investigation into tax fraud laundering, a French judicial source said on Tuesday.

05/11 Tesla increases wages for staff at German gigafactory by 4%

Tesla has raised the wages of all employees at its German gigafactory outside Berlin by 4% since the start of November, the U.S. electric carmaker said on Tuesday.

04/11 US CEOs fired more quickly over low stock prices this year, report says

U.S. companies with lagging stock prices are now quicker to blame management and fire their top executive, but the process of finding a replacement has remained largely unchanged for the last decade, according to a report released on Monday.

04/11 In changing climate, retailers turning to weather strategies

Big-name retailers such as Walmart are increasingly using analytics to blunt the impact of one of the most unpredictable performance variables of shopping: weather.

04/11 Australian police search Sydney PwC office over tax leak probe

Australian police on Monday searched the PwC Australia office in Sydney as part of a probe into a former partner who leaked confidential government tax plans to the firm and its clients.

04/11 MinRes founder Ellison to exit within 18 months after board probe, penalties imposed

Australia's Mineral Resources (MinRes) said on Monday its founder and managing director Chris Ellison will exit the company within 18 months after a probe into his tax affairs and related-party deals found a "range of issues and shortcomings".

03/11 Lahore air pollution hits historic high, forcing school closures

Punjab's senior minister attributed the deterioration in air quality to pollution coming from India.

02/11 Former Disney Exec Blames Hollywood's Collapse on Woke Policies Forced by Investment Firms

Ex-Walt Disney TV executive Monica Harris is blaming Hollywood's collapse on big dollar investment firms for forcing woke DEI initiatives.

01/11 Washington state vote a harbinger for wider carbon markets

A ballot initiative to ax Washington state's carbon market would, if passed next week, send an ominous signal to other U.S. states and Canadian regions looking to build markets aimed at cutting emissions that scientists blame for climate change.

01/11 Exxon's $8.6 billion profit beats as volume offsets price weakness

Exxon Mobil on Friday beat Wall Street's third quarter profit estimate, boosted by strong oil output in its first full quarter that includes volumes from U.S. shale producer Pioneer Natural Resources.

31/10 The US securities watchdog's mounting legal headaches

U.S. industry and other groups have sued to overturn rules adopted under Securities and Exchange Commission (SEC) Chair Gary Gensler, with knock-on implications for others on his agenda. Here's a list of rules and actions affected, according to legal filings, the SEC's agenda, and legal experts.

30/10 Wanted: Norwegians to help form future of country's $1.8 trillion piggy bank

Some 40,000 Norwegian citizens picked at random will next month receive an invitation to help shape the future of their country's wealth, including what to do with its $1.8 trillion sovereign wealth fund, the world's largest.

28/10 As UN COP16 nature talks are gridlocked, scientists warn of extinction risks

Countries were at an impasse over how to fund nature conservation and other key decisions as the U.N. COP16 biodiversity summit entered its second week on Monday in the Colombian mountain town of Cali.

28/10 Volkswagen law: German automaker’s ownership structure explained

Volkswagen's plan to close plants in Germany and dissolve long-standing labour agreements with unions has put the spotlight on its unique governance and ownership structure that have drawn criticism from investors for years.

28/10 Norway's wealth fund falls short on climate ambitions, NGO says

The $1.8 trillion fund pools the Nordic state's revenue from oil and gas production.

28/10 Zero carbon ammonia for shipping faces cost, safety challenges

The first cargo ships that would be powered by ammonia are set to enter service in 2026, one of several alternatives the industry is tapping to shrink its carbon footprint.

25/10 Thiel's Palantir dumped by Norwegian investor over work for Israel

One of the Nordic region's largest investors has sold its holdings in Palantir Technologies because of concerns that the U.S. data firm's work for Israel might put the asset manager at risk of violating international humanitarian law and human rights.

25/10 Morgan Stanley lowers climate target, warns on sluggish transition

Morgan Stanley has lowered its expectations for cutting emissions from its corporate lending portfolio as the world is moving too slowly to a greener economy, the bank's chief sustainability officer told Reuters.

25/10 Reports of bullying, discrimination surge in British financial services

Reports of bullying, discrimination and other non-financial misconduct in Britain's finance industry surged almost 60% over three years to 2023 - and more than one third of firms did not report such cases to their boards, a regulatory survey showed.

25/10 Companies' sustainability efforts pay off better than expected

Companies invest mainly in climate protection, waste management, equal opportunities in the workplace, and improving the risk management of supply chains in order to operate sustainably, according to EY's international research with the participation of more than 500, including Hungarian sustainability managers (CSOs).

23/10 New York probing legality of Capital One-Discover merger

New York Attorney General Letitia James is investigating whether Capital One's proposed $35.3 billion takeover of Discover Financial Services violates the state's antitrust law.

23/10 US Fed Board disciplined nine staff for sexual harassment in 2020-2023, document shows

The U.S. Federal Reserve Board received 11 complaints against individuals alleging sexual harassment between 2020 and 2023 and disciplined nine staff members as a result, firing four of them, according to a document the central bank released to Reuters.

23/10 Finance guide could spur extra $200 billion for sustainable development, JPMorgan says

A new guide for countries and companies seeking financing for activities that have a positive and verifiable social or environmental impact could unlock an extra $200 billion a year for sustainable development, a JPMorgan executive told Reuters.

22/10 Three Mile Island nuclear plant gears up for Big Tech reboot

Giant cooling towers at Constellation Energy's Three Mile Island nuclear plant in Pennsylvania have sat dormant for so long that grass has sprung up in the towers' hollowed-out bases and wildlife roam inside.

22/10 Leaders urge world to pay up to save nature as COP16 talks open

Two years earlier, countries adopted the landmark Kunming-Montreal Global Biodiversity Framework agreement with a list of 23 goals. COP16 is tasked with figuring out how to implement that agreement.

22/10 Dolce & Gabbana CEO could look at IPO in future, priority now is a stronger business

Dolce & Gabbana is not ready for an initial public offering but is prepared to consider it in the future, the Italian luxury group's chief executive said on Monday.

21/10 Retailer Carrefour reviewing work practices at Saudi partner after Amnesty raises concerns

French supermarket retailer Carrefour said on Monday it is reviewing how staff are treated at Majid Al Futtaim (MAF), its Saudi Arabia franchise partner, after Amnesty International raised concerns over employees' working conditions.

21/10 Generation Z start investing with FOMO as teenagers, their favorite is crypto

Their average concentration time is 8 seconds, so the advice of influencers is decisive in their investment decisions.

21/10 Breakingviews - BHP’s dam disaster dealings leave a bad taste

BHP's tactics in Brazil may be going too far. On Friday, the miner, partner Vale and their Samarco joint venture in the country outlined a potential 132 billion reais ($23 billion) settlement with Brazilian authorities over a catastrophic dam failure in 2015. Problem is, it's essentially an optical illusion. Meanwhile, the Australia-listed company run by Mike Henry is in hot water trying to hinder

21/10 Explainer: What's on the agenda at the COP16 nature summit in Colombia?

Countries will be debating how they can save nature from the current rapid rate of destruction.

21/10 World lags on 2030 nature goals headed into UN COP16 talks

Nearly 200 nations meet for the two-week U.N. biodiversity summit in Cali, Colombia.

19/10 One of the world's largest city eyes expansion with huge new megaproject

An astonishing city extension will be built almost entirely on a bay, and it hopes to help the city reclaim its title as the world's most advanced.

10/10 Accounting watchdog warns companies on regulatory investigation disclosures

Disclosure required when the possibility of financial impact from such investigations is ‘other than remote’

30/09 Pilita Clark: The great green business rethink is happening … finally

They can give a false impression of progress, delaying the radical changes that are required

26/09 Summit ESG 2024: Large companies try to transform waste into new products

Panel on circular economy at an ‘Estadão’ event discussed waste management challenges and the need for greater collaboration between the private and public sectors in the area

20/09 Wall Street's Appetite for ESG Plummets

The three largest American asset managers' interest in pushing environment, social, and governance (ESG) policies has plummeted.

18/09 'Not on Your Side': Campaign Emerges to Educate Americans About Nationwide's Woke Activism

A campaign has arisen to educate Americans about Nationwide's embrace of woke corporate policies, such as pushing DEI.

11/09 Samsung India workers ramp up wage protests as strike enters third day

Hundreds of workers at Samsung Electronics' southern India plant boycotted work for a third day on Wednesday to demand better wages and working conditions, disrupting output at a consumer electronics facility key for the global tech giant.

10/09 Nike shareholders vote against proposal on workers' rights

Nike shareholders have voted against a proposal to consider joining binding agreements with supply chain workers to better address human rights issues in high-risk countries at its annual meeting, the company said on Tuesday.

10/09 Workers strike at Samsung India plant enters day 2, production to be hit

Hundreds of Samsung Electronics employees went on a strike at a plant in southern India for a second day on Tuesday to demand higher wages, disrupting operations at the South Korean giant.

08/09 From Boeing to Detroit Three, US labor unions flex muscle

U.S. planemaker Boeing BA.N has averted a possible strike after reaching a tentative labor deal with a union representing more than 32,000 workers in the U.S. Pacific Northwest, the latest in a series of labor negotiations that brought double-digit wage increases despite a tight labor market and stubborn inflation.

07/09 Pope Francis, in resource-rich PNG, urges fair treatment for workers

Pope Francis on Saturday called for better treatment of workers in Papua New Guinea, a nation of some 600 islands in the Southwestern Pacific that has become a major target of international companies for its gas, gold and other reserves.

05/09 Norway wealth fund to back Nike human rights shareholder proposal

Norway's wealth fund will back a proposal demanding Nike examine whether binding agreements with workers would improve its ability to address human rights issues when sourcing from high-risk countries, the fund said on Thursday.

05/09 UK aims to stop water pollution with tougher penalties, stronger regulation

Britain will on Thursday set out new legislation to stop water companies leaking sewage into rivers and seas by bringing in tougher penalties including imprisonment for bosses, and giving the regulator new powers.

04/09 Exclusive: Norway wealth fund may divest companies that aid Israel in Gaza war, occupied territories

Norway's $1.7 trillion wealth fund may have to divest shares of companies that violate the fund watchdog's new, tougher interpretation of ethics standards for businesses that aid Israel's operations in the occupied Palestinian territories.

03/09 UK fraud watchdog faces hefty bill after appeal rejected in ENRC case

Britain's Serious Fraud Office (SFO) has been refused permission to appeal against a ruling that it only opened a corruption probe into Kazakh mining group ENRC because of its own wrongdoing, leaving the watchdog facing a hefty damages bill.

02/09 Defense stocks in an ESG portfolio? A profound — and controversial — shift seems to be underway

The idea of including defense stocks in sustainably-minded portfolios remains controversial.

30/08 Canada rail union launches court challenges to back-to-work order

The union representing workers at Canada's two main rail companies said on Friday it had filed court challenges against rulings by the country's industrial labor board that forced them back to work.

30/08 US regulator finds banks have work to do on climate risk, sources say

A top U.S. banking regulator has found that major lenders are in the early stages of assessing and managing the risks climate change poses to their businesses, and that significant work is needed in some areas, three people familiar with the matter said.

29/08 Hyundai plots India SUV rollout as domestic competition mounts ahead of IPO

Hyundai Motor, long the most successful foreign automaker on Indian roads, is hoping to regain market share from increasingly formidable domestic rivals by launching a series of new SUVs as it gears up for a $3 billion public listing in the country.

29/08 Automaker Ford to modify diversity policy, internal memo says

Automaker Ford Motor said on Wednesday it will change its diversity, equity and inclusion program, including ending participation in an LGBTQ advocacy group's ranking system, joining several U.S. companies that have redefined those programs amid pressure from conservative groups.

28/08 US companies tweak diversity policies as challenges mount

More U.S. companies are modifying their diversity, equity, and inclusion (DEI) programs meant to boost racial and ethnic representation at workplaces amid rising pressure from conservative groups.

28/08 The broad-based index system will be enriched and the CSI A500 Index will be released

The broad-based index system will be enriched and the CSI A500 Index will be released

27/08 Hindenburg takes aim at AI server maker Super Micro with short position

Hindenburg Research on Tuesday disclosed a short position in Super Micro Computer and alleged "accounting manipulation" at the AI server maker, the latest by the short seller whose reports have rocked several high-profile companies.

27/08 Once-acquisitive Chinese oil giant looks to revive global dealmaking

CNPC, Asia's top oil producer, is reviewing its global strategy as it looks to revive dealmaking, eyeing gas liquefaction and deepsea drilling as well as building on its record of producing more from aging wells, the head of its research arm said.

27/08 Norway labour unions end strike at airline SAS

Scandinavian airline SAS has agreed to a wage deal with cabin crew in Norway, ending strike action that grounded many flights since late last week, two labour unions said on Tuesday.

25/08 Canadian rail decision is a win for federally-regulated companies, union leader says

A decision obliging more than 9,000 Canadian rail workers to stay on the job is a win for the railways and could impact bargaining in other federally regulated sectors like aviation, the head of a Canadian rail workers' union told Reuters.

25/08 Canada labor board orders end to railway work stoppage

The board imposed binding arbitration on the companies and the worker's union to reach new deals and to impose a continuation of the existing contracts until they reach agreements.

22/08 Sweden and Denmark to pressure tech platforms over gang crime ads

Sweden and Denmark will summon tech companies over ads on their platforms that are posted by gangs to recruit young Swedes to commit violent crimes in the Nordics, the justice ministers of the two countries said on Wednesday.

20/08 Argentina judge halts deforestation of Chaco forest in rare move

An Argentine federal judge on Monday ordered a three-month suspension of deforestation in northern Chaco province, a rare step to protect one of the world's woodland ecosystems that is most rapidly being destroyed to make way for farmland.

17/08 Foxconn chief defends India hiring after report that it rejects married women

Reuters reported in June that Foxconn systematically excluded married women from jobs at its main India iPhone assembly plant.

15/08 The “green content” of the capital market continues to increase, helping the green transformation of the real economy

The “green content” of the capital market continues to increase, helping the green transformation of the real economy

12/08 India's Adani vs Hindenburg Research: What you need to know

An 18-month battle between Hindenburg Research and India's Adani Group has taken a fresh turn with the U.S. based short-seller alleging over the weekend that the chief of the country's market regulator has a conflict of interest in the matter.

12/08 Britain's CEOs get record pay in 2023, research shows

The bosses of Britain's biggest companies enjoyed record pay in 2023, with nine firms offering them packages of more than 10 million pounds ($12.75 million), research on Monday showed, as British workers argue for higher wages.

08/08 Climate change fueled record early fires in Brazil's wetlands, study says

Climate change intensified by 40% the weather feeding devastating wildfires that have likely killed millions of animals this year in Brazil's Pantanal, the world's largest wetlands, scientists said in a study published on Thursday.

07/08 Italy to clamp down on permits for green energy projects

Italy plans to impose fines on unauthorised renewable energy projects as it juggles the need to develop green energy with a drive to protect its landscape and cultural heritage.

06/08 Exclusive: LVMH's Dior lagged on supply chain disclosure, made outdated ESG claim

LVMH's second-largest fashion brand Dior was until last month behind on disclosures required by UK law about working conditions in its supply chain, and made outdated statements on its website of a third-party certification that it terminated more than a year ago, Reuters has found.

18/07 Cork start-up helping companies fulfil ESG commitments locally

New Innovator: John Kelleher, ConnectGreen

12/07 Amazon must comply with US agency's pregnancy bias probe, judge rules

A New York federal judge has ordered Amazon.com to comply with a subpoena from a U.S. civil rights agency investigating claims that the online retailer discriminated against pregnant warehouse workers.

11/07 Montana urges state top court to overturn landmark climate ruling

Montana's top court on Wednesday appeared open to upholding a landmark ruling that found the state violated the rights of young people to a healthy environment by barring regulators from considering how new fossil fuel projects could affect climate change.

10/07 The presidential election shouldn't influence how you invest, financial experts say

U.S. presidential elections historically haven't moved the stock market. Financial experts don't expect this year to be any different.

10/07 Optimizing large models to reconstruct the development model of the natural gas industry

Optimizing large models to reconstruct the development model of the natural gas industry

09/07 HSBC eyes payouts, new roles for execs pipped to CEO job, sources say

As HSBC prepares to name its third CEO in nine years, the bank is exploring financial incentives and reallocating key projects to retain those who miss out on the top job, two people with knowledge of the discussions told Reuters.

06/07 ‘51% reduction in greenhouse gases’ Hyundai Elevator’s ESG management speed

ESG report containing management strategy and performance released (Chungju = News 1) Reporter Wonjin Yoon = Hyundai Elevator announced on the 6th that it reduced greenhouse gases by 51% through ESG management. It was effective to relocate the headquarters and factory from Icheon, Gyeonggi-do to Chungju, North Chungcheong Province in 2022 and install a 7,600 kW solar power generation facility. Rec

05/07 US miners push Washington to revive long-dormant Bureau of Mines

Mining trade groups plan to push Washington to revive and expand the long-dormant Bureau of Mines, an effort aimed at streamlining how the U.S. government regulates and supports critical minerals production and timed to coincide with the 2024 presidential election.

04/07 Japanese insurers, banks to sell Honda shares worth $3.3 bln, filing shows

Japanese financial groups including Tokio Marine , Sompo and two MS&AD units will sell Honda Motor shares worth 535 billion yen ($3.3 billion) to unwind cross-shareholdings, a regulatory filing showed on Thursday.

03/07 AI Threatens Tech Companies’ Climate Commitments

The numbers are starting to roll in, and tech giants’ energy use is way up.

03/07 Exclusive: Indian officials visit Foxconn iPhone plant, question executives about hiring

Indian labour officials visited a Foxconn factory in the country's south this week and questioned executives about the company's hiring practices, an official said, after Reuters reported that the major Apple supplier has been rejecting married women from iPhone assembly jobs.

03/07 Fearless Fund: Diversity funds and Black founders feel chill

Just weeks after a U.S. appeals court blocked a Black-owned venture capitalist from funding women-of-color-led businesses, the ruling has had a chilling effect across the small industry of diversity-focused venture capital funds, according to founders, investors and lawyers who spoke to Reuters.

02/07 CJ Logistics and Korea Forest Service join hands for ‘aluminum can resource circulation project’

[Seoul = Newspim] Reporter Kim A-young = CJ Korea Express will expand the aluminum can resource recycling project that it has been carrying out in 22 national parks across the country since last year to forest recreation facilities under the Korea Forest Service. CJ Logistics announced on the 2nd that it signed a 'Forest Recreation and Welfare Facility Resource Circulation and ESG Management Busin

02/07 US Supreme Court rejects challenge to workplace safety agency

The U.S. Supreme Court declined on Tuesday to hear a challenge by an Ohio company to the power of the federal workplace safety regulator as the justices avoided another legal effort to pare back the authority of federal agencies.

01/07 India human rights body says Reuters story on Foxconn hiring raises discrimination concerns

India's human rights watchdog said on Monday it had asked government officials to examine reported discrimination by Foxconn, after a Reuters investigation found the major Apple supplier has been rejecting married women from iPhone assembly jobs in the country.

01/07 Amazon sidesteps carbon offset standard Bezos helped fund

Amazon has become the first company to sidestep a global standard for verifying carbon offsets that was developed by a non-profit funded largely by the U.S. technology conglomerate's founder and executive chair, Jeff Bezos.

30/06 LGD publishes ESG report... Achieved 74% water reuse

LG Display's '2024 ESG Report'./LG Display Asia Today Reporter Jeong Moon-kyung = LG Display published the '2024 ESG Report' containing the ESG management activities and achievements promoted over the past year, including eco-friendly technology innovation and improvement of partner companies' ESG capabilities. In this year's ESG report, LG Display adopted ESRS (European Sustainability Reporting S

28/06 Women's wing of Modi's party calls for probe into Foxconn India hiring practices

The women's wing of Indian Prime Minister Narendra Modi's ruling party on Friday urged the National Commission for Women to launch an investigation after Reuters reported that Apple supplier Foxconn rejects married women from iPhone assembly jobs in the country.

27/06 Global carbon removal market could reach $100 billion/yr from 2030-35, report says

The global market for carbon dioxide (CO2) removal credits could reach up to $100 billion a year between 2030 and 2035 from $2.7 billion last year if barriers to its growth are addressed, a report by management consultancy Oliver Wyman said on Thursday.

26/06 Modi's govt calls on Indian state to look into Reuters report on Foxconn hiring

Indian Prime Minister Narendra Modi's government on Wednesday said it has asked the Tamil Nadu state to submit a "detailed report" after a Reuters story revealed that Apple supplier Foxconn rejected married women from iPhone assembly jobs in the country.

26/06 Nordic fund KLP excludes Caterpillar from portfolios due to Israel sales

Norway's largest pension fund KLP said on Wednesday it will no longer invest in Caterpillar Inc because of risk that equipment sold by the U.S. group to Israel is used to demolish Palestinian homes and infrastructure, including in the Gaza war.

26/06 So-called sustainability funds invested HUF 6,500 billion in the biggest polluting companies

It sounds good that the funds take the money of small investors to companies pursuing sustainability goals, but in reality car factories, oil companies or even fast fashion clothing factories receive a non-negligible part of the investments.

25/06 Uber beats lawsuit alleging race bias in driver ratings

A U.S. appeals court on Monday tossed out a proposed class action claiming Uber Technologies' policy of terminating drivers with low passenger ratings is racially discriminatory.

25/06 These ETFs have beaten the S&P 500 for five years and are ahead in 2024 too

The best-performing ETF had a cumulative total return of 178% compared to the S&P 500's 112% over the past five years.

24/06 Mission 2025 group urges governments to set more ambitious climate goals

Some of the world's biggest companies, finance houses, cities and regions have joined forces to urge governments to increase their climate ambition ahead of a February 2025 deadline to deliver their emission-cutting plans to the United Nations.

21/06 Smaller companies should prepare for the new sustainability rules without even knowing exactly what they will apply to

So far, only the Hungarian suppliers of German companies and the largest companies have encountered the fact that they have to deal with large amounts of data due to the new sustainability rules, but soon many more companies will have to deal with this as well.

21/06 Honda accused by US agency of illegal union-busting at Indiana plant

Honda has been accused by the National Labor Relations Board of violating the rights of workers at a Greensburg, Indiana, factory by illegally cracking down on union organizing, an agency spokeswoman said on Thursday.

21/06 Hawaii agrees to 'groundbreaking' settlement of youth climate change case

Hawaii on Thursday agreed to settle a lawsuit by 13 young people alleging the U.S. state was violating their rights under its constitution by operating a transportation system that contributes to greenhouse gas emissions and climate change.

20/06 LIG Nex1, MSCI 2024 ESG evaluation ‘AA grade’… Best in the domestic defense industry for two consecutive years

LIG Nex1 Pangyo House Asia Today Reporter Ji Hwan-hyuk = LIG Nex1, the protagonist of the 'K Defense Industry' export myth, obtained 'AA rating' for two consecutive years in the 2024 ESG evaluation hosted by Morgan Stanley Capital International (MSCI). MSCI's ESG evaluation 'AA grade' is the highest level in the domestic defense industry. MSCI ESG has been conducting research every year since 1999

20/06 Shareholders warn Nippon Steel faces higher decarbonisation costs with U.S. Steel takeover

Nippon Steel's proposed acquisition of U.S. Steel risks raising decarbonisation costs for Japan's top steelmaker, an activist shareholder group said, urging the company to address the takeover's impact on its climate goals.

19/06 Toyota chairman's support from shareholders slides amid governance concerns

Toyota Chairman Akio Toyoda's level of shareholder support dropped markedly at the automaker's annual general meeting this week, hurt by certification test scandals and other governance concerns.

18/06 Companies setting climate transition plans up 44% in 2023, research shows

The number of companies saying they have a climate transition plan in line with the world's most ambitious goal has jumped by nearly half, but many do not give investors enough information to check the claims, according to non-profit data tracker CDP.

18/06 Toyota shareholders vote for chairman's re-election

Toyota Motor shareholders backed Chairman Akio Toyoda and nine other members of the automaker's board on Tuesday, despite concerns about governance raised by two leading proxy advisers.

18/06 US judge dismisses Exxon case against activist investor over proxy filing

A U.S. judge on Monday dismissed a lawsuit Exxon Mobil had filed against activist group Arjuna Capital after the group had agreed not to pursue future proxy filings at the company's annual meetings.

17/06 At Toyota shareholder meeting, all eyes on level of support for chairman

Toyota Motor Chairman Akio Toyoda may be in no danger of not being re-elected at the automaker's annual general meeting on Tuesday, but any further big drop in shareholder support could lead to increased action on governance reforms.

17/06 More than 800 coal plants worldwide could be profitably decommissioned, research group says

More than 800 coal-fired power plants in emerging countries could be decommissioned and profitably replaced by cleaner solar energy starting from the end of the decade, research on Monday showed.

14/06 Exclusive: Vanguard vote switch helped pass Tesla CEO Elon Musk's $56 billion pay package

Tesla's largest outside investor Vanguard said it voted in favor of CEO Elon Musk's $56 billion pay package, citing the company's performance, contributing to the passage of the record-setting arrangement on Thursday.

13/06 How to invest in India, the world's fastest-growing major economy

Your guide to investing in India: The case for buying into the booming economy, the risks to consider — and how global investors can get involved.

13/06 ISS backs Boaz Weinstein’s nominees at four BlackRock funds

The London Whale trader is seeking to effect board change at some of BlackRock’s funds, accusing the investing giant of mismanagement.

13/06 How Elon Musk's pay package compares with other top CEOs in the US 

Tesla shareholders will vote on Thursday on whether to ratify CEO Elon Musk's $56 billion pay package, which a Delaware judge voided in January because she found he improperly controlled the process.

12/06 Elon Musk targeted in lawsuit alleging sex bias, unfair firings at SpaceX

Rocket maker SpaceX and its CEO Elon Musk were sued on Wednesday by eight engineers who say they were illegally fired for raising concerns about alleged sexual harassment and discrimination against women.

12/06 Chocolate: “Climate change has arrived in the supermarket”

Extreme weather has driven up cocoa prices. Unlike many other medium-sized companies, Ritter Sport is now addressing the question: How do you make a company climate-resilient? Ritter Sport has been producing chocolate since 1912. The family business from Waldenbuch in Swabia processes more than 10,000 tons of raw cocoa every year. ...

12/06 Glenveagh secures first occupier for Freight Building in Dublin docklands

Serviced-office provider DanuExp signs management agreement for 13,800sq ft at newly completed office block

11/06 Exclusive: Italian prosecutors probing supply chain of around a dozen more fashion brands -source

Prosecutors in Milan are investigating the supply chain of around a dozen more fashion brands, a person with knowledge of the matter told Reuters, after a unit of France's LVMH in Italy was placed under court administration in a worker exploitation probe.

11/06 Exclusive: US House committee report finds Wall Street 'colluded' to curb emissions

A U.S. congressional committee will accuse the biggest Wall Street firms on Tuesday, in a report seen by Reuters ahead of its publication, of colluding with advocacy groups to force companies to shrink their greenhouse gas emissions.

10/06 What EU election results and far-right surge mean for markets - in charts

Gains for the far-right in European Parliament elections that prompted French President Emmanuel Macron to call a shock national vote puts the focus squarely back on political risks in Europe that financial markets had long put on the backburner.

10/06 Tesla turns to Musk's small shareholder fans to back $56 billion payday

With major Tesla shareholders appearing divided over whether to endorse Elon Musk's $56 billion pay package, the company also is looking for support from retail investors who make up an unusually high percentage of the electric carmaker's ownership base.

10/06 G-Star successfully grows greenhouse cotton

G-Star unveils its latest denim innovation ‘Homegrown Denim’, a pioneering scientific collaboration with Wageningen University & Research, and Dutch Cotton.Image suppliedThis experiment, funded by G-Star, explores how greenhouse-grown cotton could help drastically reduce the impact of cotton growing worldwide, and presents these findings for the benefit of the whole industry.Cotton is an easy crop

08/06 Norway wealth fund to vote against Musk's $56 bln Tesla pay package

Norway's $1.7 trillion sovereign wealth fund said on Saturday it will vote against ratifying Tesla CEO Elon Musk's $56 billion pay package, which is up for a shareholder vote next week, after a Delaware judge invalidated it earlier this year.