Switzerland’s UBS said the value of its ‘sustainable’ investments rose by more than 50% to nearly $500 billion in 2019, while lending to the energy and utilities sectors fell by 40% as it tightened its rules.
Nestle SA is launching a reforestation project to plant at least 3 million trees in Mexico and Brazil in the next year and a half as the Swiss food group strives for carbon neutrality by 2050.
New electric models will help BMW and Daimler cut emissions from the cars they sell by an average of 20% this year, the German automakers predicted, as they strive to meet tough new European pollution rules.
Since March 1st, purchasers of new Android smartphones and tablets in the EU have more choice when it comes to search engines. Up to now, Google was pre-installed as the sole search engine. But now, users can choose between Google and three other search engines when setting up their device.
As the digital revolution hurtles on at breakneck speed, states, businesses and individuals should work together to harness technology to create low-carbon, fairer societies – or risk that vision being undermined, a research group warned.
The oil industry’s system for locating polar bear dens in the snowdrifts of Alaska’s North Slope failed more than half the time over a 12-year period, according to a study.
Britain’s Advertising Standards Authority has opened an investigation into claims by Royal Dutch Shell that customers at its petrol stations can “drive carbon neutral”, after receiving complaints from members of the public, the regulator said.
From fashion to finance, thousands of businesses have opted to be certified as B Corporations – those that balance profit with purpose – committing to meet high standards on issues from treatment of staff to environmental impact.
Hedge fund billionaire Chris Hohn has launched a campaign to persuade central banks to starve hundreds of planned coal-fired power plants around the world of finance, aiming to block the projects before they can pose a threat to the climate.
Major Asian cities are most at risk from rising sea levels, researchers warned, urging authorities to invest more in flood defences and plan to relocate assets and people.