U.S. oil major Exxon Mobil said on Tuesday it has signed an agreement with Global Clean Energy to buy 2.5 million barrels of renewable diesel per year for five years to help reduce its carbon footprint.
Singapore’s Temasek is asserting itself as a provider of patient rather than reckless capital. The sovereign investment vehicle has escaped a $3 billion deal to increase its stake in rig-builder-to-property conglomerate Keppel, citing a “material adverse change” clause. It draws a valuable line on how far the Asian city state is willing to bend as it bails out strategic sectors amid the pandemic.
Barclays Plc is being probed by the United Kingdom's privacy watchdog, the Information Commissioner's Office (ICO), over allegations that the British bank spied on its staff, the agency said on Sunday.
Fuel spilling from a Japanese bulk carrier that ran aground on a reef in Mauritius two weeks ago is creating an ecological disaster, endangering corals, fish and other marine life around the Indian Ocean island, officials and environmentalists say.
A planned link-up of the EU and Swiss carbon markets will be operational from September, the European Commission said, giving companies a broader pool of potential partners with which to trade emissions permits.
Japan's powerful business lobby Keidanren is dominated by energy-intensive sectors that represent less than 10% of the economy, resulting in national policies that favour coal and hindering attempts to combat climate change, a new study said.
Business model transformation and decarbonization within the autos sector