greenhouse gas emissions News

Corporate America Looks for Leeway on U.S. Climate Disclosures

Business associations for top U.S.-listed companies have pushed back against a landmark proposal by the Securities and Exchange Commission (SEC) to make corporate America disclose a range of greenhouse gas emission figures. Groups including the U.S. Chamber of Commerce, the …

New Layer of Federal Oversight for Climate Disclosures Not Needed: Triple-I

Creating a new layer of federal oversight would neither enhance nor standardize the climate-related disclosures U.S. insurers make to investors, the Insurance Information Institute (Triple-I) said in a letter sent today to the U.S. Securities and Exchange Commission (SEC). Triple-I’s …

Nasdaq Urges SEC Not to Move Ahead with Climate Disclosure Plan

Nasdaq Inc. is pushing back against the US Securities and Exchange Commission’s plans to make publicly traded companies reveal detailed information about their greenhouse gas pollution. The stock-exchange operator urged the SEC to shelve its plans to require businesses to …

Net-Zero Emissions Pledges by Big Global Companies Have ‘Credibility Gaps’: Report

Corporate plans to slash greenhouse gas emissions fall short of what is needed to combat climate change, with “major credibility gaps” found among the world’s largest companies, according to a new stocktake of net-zero efforts in the public and private …

Investors, Including Allianz and Swiss Re, Urge U.N. to Create Plan for Farm Emissions

Investors managing $14 trillion have urged the United Nations to create a global plan to make the agriculture sector sustainable and curb one of the biggest sources of climate-damaging emissions, a letter seen by Reuters showed. Food production accounts for …

Hospitals Confront Their Climate Achilles Heel: Supply Chains

The health-care industry accounts for 8.5% of the United States’ greenhouse gas emissions, almost as much as agriculture. So the Biden administration is pushing hospital systems to do more to combat climate change: The US Department of Health and Human …

Weird Rainfall Patterns in Europe Blamed on Climate Change

Emissions of planet-warming greenhouse gases caused by human activities are directly responsible for long-term dry conditions in the Mediterranean basin and the increasing rainfall over the rest of Europe during winter, according to a study by the UK’s Met Office. …

Dutch Insurer NN Group Expects to Accelerate Exit From Coal Investments

DAVOS, Switzerland – NN Group NV expects to accelerate its deadline to exit coal investments, now set at 2030, due to fears about Europe reverting to burning the fossil fuel, the Dutch insurer’s CEO David Knibbe said on the sidelines …

AXA to Join €1B Regenerative Agriculture Fund to Help Mitigate Climate Change

Insurer AXA and consumer goods group Unilever plan to invest 100 million euros each into a new 1 billion euro ($1.06 billion) regenerative agriculture fund to be managed by Tikehau Capital, the three groups said on Wednesday. The companies each …

U.S. SEC Gives Public Until June 17 to Weigh In on Climate Risk Proposal

The U.S. Securities and Exchange Commission (SEC) on Monday extended until June 17 the period for public comment on its landmark proposal to require U.S.-listed companies to disclose a range of climate-related risks and greenhouse gas emissions. Gary Gensler, who …