A group of European institutional investors is backing a novel London lawsuit against energy giant Shell's board over alleged climate mismanagement in a case that could have far-reaching implications for how companies tackle emissions.
· A U.S state public pension may face $6.7 billion loss of returns from anti-ESG legislation.
· Nine banks invested a total of $45 million in a new voluntary carbon credits platform.
· Disney’s CEO will discuss a turnaround plan this week as pressure mounts from activist investors.
· EU countries seek support for a deal to phase down fossil fuels ahead of this year's U.N. COP28.
A group of European institutional investors is backing a novel London lawsuit against energy giant Shell's board over alleged climate mismanagement in a case that could have far-reaching implications for how companies tackle emissions.
Dominion Energy Inc executives said on Wednesday that the electric utility's $9.8 billion offshore Virginia wind farm is on track and on budget, having recently entered a critical phase of the environmental review process.
Canada's Imperial Oil on Wednesday said it is working with the Alberta Energy Regulator (AER) to fix industrial wastewater seepage from tailings ponds at its Kearl oil sands project that has been ongoing for months.
Bahrain cannot claim state immunity to block a lawsuit brought in Britain by two dissidents who say its government hacked their laptops with spyware, the High Court in London ruled on Wednesday.
Dominion Energy Inc executives said on Wednesday that the electric utility's $9.8 billion offshore Virginia wind farm is on track and on budget, having recently entered a critical phase of the environmental review process.
