France's Total on Wednesday said it would hike its annual investments in renewable energy and electricity by 50% as it cuts its reliance on oil, emulating European rivals in a bid to become a major low-carbon power producer.
If buying a sports car is a classic sign of mid-life crisis, then Volkswagen appears to be maturing gracefully. The Wolfsburg-based automaker is mulling a sale of iconic Lamborghini – the cherished automotive bling of nouveau riche crypto-traders and the offspring of sheikhs showing off on Instagram. Given VW’s planned shift to electric cars, disposing of the gas-guzzling Italian car marque at a hefty profit is eminently logical.
Setting up a new international standards board for sustainability could make it easier for investors to compare climate-friendly companies, a global accounting body said on Wednesday.
A blank-check company that is one of only a small number of female-led special purpose acquisition companies is looking to raise $300 million in a U.S. initial public offering, the company said on Tuesday.
Royal Dutch Shell has drawn up plans to make its German operations carbon-neutral as it seeks to cut its own and customers' emissions by more than a third over a decade.
Business model transformation and decarbonization within the autos sector