Royal Bank of Canada is committing C$150 million ($111 million) to racial diversity initiatives and aims to increase the proportion of non-white executive hires to 30% from 20%, Canada's biggest lender said on Monday.
Success lies in the eyes of the beholder. Bank of Japan Governor Haruhiko Kuroda is pursuing a policy of yield-curve control, which he defines as keeping 10-year government bond yields tethered near zero. He is hitting his target but may nevertheless saddle his country with an economic headache.
French insurer AXA said it reduced the temperature score of its investments in 2019, bringing them closer to alignment with the targets of the Paris Agreement on climate change.
In the twilight years of past civilisations, astrologers would scour the heavens for signs of impending calamity. In an era where climate change is eroding age-old certainties, a new cast of characters is searching for answers in the sky.
China National Petroleum Corp (CNPC), the country's biggest oil and gas producer, plans to deepen its cut on methane emissions and set a more ambitious pledge than its previous commitment to the Oil and Gas Climate Initiative (OGCI).
Goldman Sachs Group Inc's investment bank formed a new group to increase its recruitment and hiring of Black employees and improve career development and retention among existing Black employees, according to a memo sent on Tuesday that was seen by Reuters.
German carmaker BMW on Tuesday said its electric cars will use battery cells produced using renewable energy, a step which will compel the biggest suppliers to source more non-coal generated electricity.
Business model transformation and decarbonization within the autos sector