BNP Paribas issued Australia's first green bond linked to the performance of an index tracking companies tipped to benefit from the country's transition into a low-carbon economy, aiming to bridge a gap in sustainable investment products.
Bernard Looney is betting BP’s house on his green energy ambitions. Besides cutting the dividend to free up cash for renewable investment, the chief executive of what is still essentially a 61 billion pound oil and gas company plans to reduce hydrocarbon production by 40% over the next decade.
The largest U.S. natural gas utility on Friday pushed back against California's efforts to phase out gas, asking a state court to force the revision of a document dealing with the transition to cleaner methods to generate power and heat buildings.
Nordea Asset Management has decided to exclude shares of JBS SA worth about 40 million euros from all of its funds this month based on the company's environmental record and response to the COVID-19 pandemic, according to a statement sent to Reuters on Tuesday.
Petrobras is ready to produce renewable diesel from soy or other edible oils at commercial scale and will expand investments in the segment as soon as it is granted a sales permit, the company's refining head, Anelise Lara, told reporters on Friday.
McDonald's Corp laid out new diversity initiatives for corporate leadership, franchisees and suppliers at its global convention on Wednesday.
Business model transformation and decarbonization within the autos sector