I en rapport fra juli 2023 fra Den Europæiske Centralbank (ECB), “The euro area bank lending survey,” bliver klimaforandringer og deres påvirkning af banklån til virksomheder sat under lup. Rapporten fremhæver, hvordan klimarelaterede risici har haft en markant indvirkning på kreditstandarder og efterspørgsel efter lån...
Republikanske politikere har startet en kampagne mod Environmental, Social, and Governance (ESG)-investeringer og de virksomheder, der støtter denne praksis. Ifølge en artikel på Politico’s hjemmeside forsøger republikanerne at underminere ESG-bevægelsen ved at kritisere dens indflydelse på politik og økonomi. ESG-investeringer har vundet popularitet blandt...
Verdensbanken har, ifølge den tyske klimaorganisation Urgewald, siden indgåelse af klimaftalen i Paris i 2015 finansieret den fossile energisektor for milliarder af amerikanske dollars.
På World Economic Forums 2021-møde i Davos blev stakeholder-kapitalismen i et manifest beseglet som en bærende komponent i løsningen på klimakrisen: “Formålet med en virksomhed er at engagere alle sine interessenter i fælles og bæredygtig værdiskabelse,” lød ordene, der fik stor opbakning fra hele...
Fossilbrændstofsubsidier forventes at nå 6,3 billioner dollars i 2022, ifølge en rapport fra Det Internationale Energiagentur (IEA). Disse subsidier fortsætter med at påvirke verden negativt ved at tilskynde til overforbrug af fossile brændstoffer og skade miljøet. Rapporten fra IEA viser, at subsidierne primært går...
As the the Biden administration signaled it could soon approve a massive oil project on public lands in Alaska, President Joe Biden on Sunday declared the entire Arctic Ocean off-limits to oil and gas leasing.
As part of a “fire wall” against future drilling in...
Banks that sign up for the Net-Zero Banking Alliance commit to align their lending and investment portfolios with the goal of achieving net-zero emissions by 2050. But the reality is that the biggest financiers of the world’s energy supply — many of which happen to be members of...
BP has long been considered a leader in the industry's transition to a low-carbon economy. The company has set ambitious targets for reducing its carbon emissions and investing in renewable energy projects. However, now BP face criticism for backsliding on these targets and pursuing...
A prominent activist group has filed shareholder resolutions calling on four of the biggest western energy companies to cut emissions more aggressively this decade in an effort to revive investor pressure on Big Oil over climate goals.
In motions submitted to BP, Shell, ExxonMobil...
Many firms declined to announce any adjustment to their PAC contributions (particularly by boycotting Republican Objectors) in response to the Capitol insurrection. Moreover, media outlets have been calling out the hypocrisy of corporations that reneged on their PAC pledges.
While Fiat’s €30 million in unpaid taxes is dwarfed by the €13 billion tax deal Ireland contracted with Apple, it’s the first case to get a final ruling from the EU courts. The court verdict is a shock because a lower court had confirmed...
A firm's level of tax avoidance is significantly influenced by leaders with “thrill-seeking tendencies”, new research has revealed.
According to a new Deakin University study, firms led by “pilot” CEOs have an effective tax rate of 2.6 per cent — lower than firms managed...
Oxfam on Monday filed shareholder resolutions against U.S. oil giants Exxon Mobil, Chevron and ConocoPhillips, saying a lack of transparency over their global tax practices poses a material risk for long-term investors.
The briefing reveals that new oil and gas production approved to date in 2022 and at risk of approval over the next three years could cumulatively lock in 70 billion tonnes (Gt) of new carbon pollution
The earliest US lawsuits were filed in California in 2017. Since then, oil companies have shifted them to the federal court, which they see as friendlier, but judges have booted them back to the state courts. New Jersey filed the latest suit in October,...
JBS, Marfrig, and Frigol, some of the largest meat producers in the world, were found to have purchased cattle from ranches associated with illegal deforestation and modern-day slave labor,
Mr Sunak accepted donations totalling £141,000 this year from supporters with oil and gas ties. Many of the payments were for his failed Ready4Rishi summer leadership bid against Liz Truss.
A new report from investigative outlet Repórter Brasil describes how the demand for heavy machinery like bulldozers, excavators and tractors is accelerating deforestation in the Brazilian Amazon.