‘Climate Time Bomb Ticking’, Warns UN Chief, Urging Faster Cuts to Emissions March 20, 2023 By David Stanway U.N. Secretary General Antonio Guterres warned that the “climate time bomb is ticking” as he urged rich nations on Monday...
French Bank BNP Paribas Sued by NGOs Over Amazon Rainforest Deforestation Link February 27, 2023 By Mathieu Rosemain Environmental and human rights activist groups said on Monday they had sued BNP Paribas, the eurozone’s biggest bank, for providing...
Chubb Announces Name of New Global Climate Unit, Appoints 3 Execs February 23, 2023 Chubb announced the name for its new global climate business unit, Chubb Climate+, while appointing three executives who have joined...
Update: Activists Sue BNP Over Energy Loans, TotalEnergies Over Human Rights February 23, 2023 By Mathieu Rosemain and America Hernandez Climate and human rights activists sued two of France’s biggest corporations over fossil fuel financing and alleged human rights abuses...
VW Faces Possible Recalls After Environmental NGO Wins Emissions Software Lawsuit February 21, 2023 A German court on Monday ruled in favor of an environmental NGO’s lawsuit against the federal motor authority for releasing...
G20-Backed Standards Body Approves First Global Company Sustainability Rules February 17, 2023 By Huw Jones The G20-backed International Sustainability Standards Board on Thursday approved “global baseline” rules for firms disclosing how climate change affects their...
German Court Dismisses Greenpeace-Led Climate Case Against VW; Plaintiffs to Appeal February 15, 2023 A regional court in Germany has dismissed a case led by Greenpeace against Volkswagen calling on the carmaker to tighten...
Norway’s $1.35 Trillion Wealth Fund: We Won’t Back Boards Who Fail on Climate February 13, 2023 By Victoria Klesty and Gwladys Fouche Norway’s $1.35 trillion wealth fund will step up its engagement with companies over their management of climate risk by voting...
EU Lawmakers Want to Extend Reach of Draft ESG Oversight of Corporations February 10, 2023 By Huw Jones A panel of European Union lawmakers on Thursday backed an amendment to extend the reach of groundbreaking draft legislation to...
Group of Institutional Investors Back Lawsuit Against Shell’s Board Over Climate Risk February 9, 2023 By Kirstin Ridley A group of European institutional investors is backing a novel London lawsuit against energy giant Shell’s board over alleged climate...