LONDON (Reuters) – BP (BP.L) will need to invest tens of billions of dollars over the next decade and may have to accept lower returns than it can get from oil if it is to meet its target of becoming one of the world’s largest renewable power generators. The B... More »
(Reuters) – Barclays Plc (BARC.L) 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. Earlier this year, Barclays said it w... More »
NEW DELHI (Reuters) – Indian food delivery company Zomato said on Saturday it would give female employees up to 10 days of “period leave” per year, as part of an effort to combat what it said was stigma around the issue. Zomato is the most high profile organis... More »
(Reuters) – Goldman Sachs Group Inc (GS.N) on Monday pledged an additional $250 million to fund the federal aid program to help businesses hurt by the COVID-19 pandemic. The addition will take the bank’s total commitments to $775 million. The Paycheck Protecti... More »
LONDON (Reuters) – The United States has overtaken China as the most attractive country in the world for renewables investment and the global clean energy sector is expected to bounce back quickly despite the coronavirus pandemic, research showed on Tuesday. I... More »
LONDON (Reuters) – Hydrogen has long been touted as a clean alternative to fossil fuels. Now, as major economies prepare green investments to kickstart growth, advocates spy a golden chance to drag the niche energy into the mainstream of a post-pandemic world.... More »
MELBOURNE (Reuters) – BP Plc has won Australian government backing for a feasibility study into producing hydrogen using wind and solar power to split water and converting the hydrogen to ammonia in Western Australia. The Australian Renewable Energy Agency sai... More »
BERN (Reuters) – Environmental activists delivered a petition to a special session of the Swiss parliament on Monday demanding that a government aid package should promote a “green recovery” from the coronavirus crisis. With some lawmakers wearing protective f... More »
MELBOURNE (Reuters) – The Australian government on Monday set aside A$300 million ($191 million) to jumpstart hydrogen projects with the help of low-cost financing as the country aims to build the industry by 2030, the country’s energy minister said on Monday.... More »
FRANKFURT (Reuters) – German companies including ThyssenKrupp, Salzgitter, Bayer, Covestro, E.ON, HeidelbergCement, Puma, Allianz and Deutsche Telekom have called for coronavirus-related state aid to be tied to climate action, daily Handelsblatt reported. “We ... More »
GHENT, Belgium (Reuters) – Belgian waffles may be about to become more environmentally friendly. Scientists at Ghent University in Belgium are experimenting with larva fat to replace butter in waffles, cakes and cookies, saying using grease from insects is mor... More »
(Reuters) – JPMorgan Chase & Co (JPM.N) largely maintained its key profit goals for the medium term on Tuesday, signaling steady but slower growth, and raised its financial commitment for clean-energy initiatives after years of pressure from environmental acti... More »
SAN FRANCISCO (Reuters) – Facebook’s former sustainability chief has launched an organization to help employees at big companies press their bosses for more aggressive policies to fight climate change. Hundreds of companies have committed to reducing emissions... More »
(Reuters) – Warren Buffett on Saturday called on corporate America to make their boards of directors more accountable to shareholders and less beholden to chief executive officers, perhaps by reducing their pay and requiring that they buy more stock. In his an... More »
(Reuters) – Twitter Inc said on Thursday that it was testing a new community moderation approach that would enable users to identify misleading information posted by politicians and public figures and add brightly colored labels under those tweets. NBC News ea... More »
HOUSTON (Reuters) – The chief executive of Pioneer Natural Resources, Scott Sheffield, on Thursday called on energy investors to sell shares or pull funding from companies that have rates of natural gas flaring. The practice of burning off natural gas produced... More »
NEW YORK (Reuters) – When clients tell financial adviser Catherine Valega that they want to invest their money in women, they are not always clear what they mean. To be honest, there is no real answer yet. If you have less than $1 million, investing with a gen... More »
BERLIN (Reuters) – A German court on Sunday ordered Tesla Inc to stop clearing forest land near the capital Berlin to build its first European car and battery factory, a victory for local environmental activists. The U.S. electric carmaker announced plans last... More »
NEW YORK (Reuters) – When former investment manager Ron Cordes started a charitable foundation in 2007, he got frustrated because he could only “do good” when he was actively giving the money away to needy causes. Then Cordes discovered impact investing. “We b... More »
SANTIAGO (Reuters) – With residents and courts ringing the alarm about depleted water supplies in Chile’s Atacama salt flat, the world’s top lithium miner Albemarle (ALB.N) quietly filed a proposal in December for a network to monitor flows beneath the parched... More »
TOKYO (Reuters) – Hydrogen will be used for the first time to power the Olympic torch during its journey through Japan, organizers said on Monday, as part of Tokyo 2020’s efforts to hold an environmentally friendly Games. Organizers aim to offset all carbon em... More »
NEW YORK (Reuters) – If you have gone to Goldman Sachs Group Inc’s (GS.N) internet home page since mid-December, it would be reasonable to wonder if you had stumbled into some kind of parallel universe. Visitors are met with a background of lush greenery, alon... More »
AUSTIN, Texas (Reuters) – Apple Inc APPL.O is trying to change the way electronics are recycled with a robot that disassembles its iPhone so that minerals can be recovered and reused, while acknowledging rising global demand for electronics means new mines wil... More »
COLORADO SPRINGS, Colo. (Reuters) – Specialized fund managers who pioneered green investing for decades are missing out on some of the spoils as the sector goes mainstream and large firms move in. So-called sustainable funds, which pick stocks based on environ... More »
(Reuters) – An Airbus-backed air racing tournament unveiled an electric-powered sports aircraft on Sunday, billed as the world’s first, as the European planemaker seeks to boost its green aerospace technology. Several companies, including U.S. ride-hailing com... More »
BANDUNG, Indonesia (Reuters) – A watchmaker in Indonesia’s Bandung city thinks the next step in sustainability is a wristwatch with a strap made out of the complex root structure of a mushroom. Mycelium leather, as the material is known, is fibrous and tough y... More »
PIXLEY, Calif. (Reuters) – Joey Airoso has always been proud of his cows, whose milk goes into the butter sold by national dairy company Land O’Lakes. Now he has something new to brag about: the vast amounts of gas produced by his 2,900-head herd is powering t... More »
SYDNEY (Reuters) – Global money managers and companies are rushing to meet a deadline to report on their carbon footprint, but the lack of a standard metric raises concerns their efforts could just be a box-ticking exercise in the transition from brown to gree... More »
NEW YORK (Reuters) – Record heatwaves in Europe and Asia this summer are leading fund managers to buy shares of air conditioning manufacturers, betting that the public health risks of rising temperatures will compel businesses and apartment building owners to ... More »
BOSTON (Reuters) – Two new BlackRock Inc funds that exclude gun makers are off to slow starts as socially-minded investors embrace other products addressing a wide range of issues like environmental and governance concerns, according to flow data at the world’... More »
LONDON (Reuters) – Meghan, wife of Britain’s Prince Harry, has chosen to feature 15 women she considers “Forces for change” on the cover of the September issue of British Vogue that she guest edited, Buckingham Palace said on Sunday. The Duchess of Sussex, who... More »
LONDON (Reuters) – Environmental activists sought to sow chaos in five British cities on Monday in a bid to force the government to act to help avert what they cast as a climate cataclysm. The Extinction Rebellion group disrupted London with 11 days of protest... More »
(Reuters) – A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the Democratic majority that leads the House Financial Services Committee, according to a ... More »
(This July 9 story corrects to change company name to Biotech Foods in paragraph five.) By Andrés González and Silke Koltrowitz MADRID/ZURICH (Reuters) – Lab-grown meat, first introduced to the world six years ago in the form of a $280,000 hamburger, could hit... More »
(Reuters) – With the United States preparing to play in the women’s World Cup final the team’s fight for pay equity resurfaced on Wednesday with the Democratic Women’s Caucus demanding answers from U.S. Soccer chief Carlos Cordeiro. The U.S. national team’s di... More »
NEW DELHI (Reuters) – India’s federal think-tank has asked scooter and motorbike manufacturers to draw up a plan to switch to electric vehicles, days after they publicly opposed the government’s proposals saying they would disrupt the sector, two sources told ... More »
LONDON (Reuters) – Britain’s Ocado is plowing 17 million pounds ($22 million) into the emerging “vertical farming” industry, further diversifying the online grocer and technology group’s business. Vertical farming involves producing food indoors, with crops gr... More »
LONDON (Reuters) – Investment banks are beefing up trading teams in markets such as gas, metals and carbon permits that are flourishing as businesses and economies become greener, according to recruitment consultants. The shift in staffing at the world’s bigge... More »
LOS ANGELES (Reuters) – Developers of a multi-rotor hover craft billed as the first flying vehicle to be powered by hydrogen fuel cells unveiled a full-scale model on Wednesday in Southern California, in a show-and-tell that raised some eyebrows but never left... More »
SINGAPORE (Reuters) – Singapore, the tiny Southeast Asian city-state, is an unlikely place for a farming revolution. With tiered fish farms, vegetable plots atop office buildings and lab-grown shrimp, the island aims to beef up its own food production and rely... More »
SINGAPORE (Reuters) – Renewable energy investment in the Asia-Pacific region will overtake spending on oil and gas exploration by 2020, consultancy Rystad Energy said on Monday. Total capital expenditure in renewables will rise above $30 billion in the region ... More »
WASHINGTON (Reuters) – Democratic presidential hopeful Amy Klobuchar on Saturday called for revamping the Environmental Protection Agency’s (EPA) rules governing how small refineries are exempted from the nation’s biofuel laws, a proposal aimed at boosting her... More »
(Reuters) – Amazon.com Inc shareholders overwhelmingly rejected a proposal that the company stop selling facial recognition technology to government agencies, while a resolution to audit the service drew more support, a regulatory filing on Friday showed. Some... More »
CANNES, France (Reuters) – Movie stars including Salma Hayek and Eva Longoria celebrated the role of women in cinema at a glitzy gala in Cannes on Sunday, amid a drive to promote gender equality in the industry that is still falling short of what many campaign... More »
WINDWHISTLE, New Zealand (Reuters) – At Dave Harper’s family farm in New Zealand’s scenic Canterbury region, a painstakingly bred flock of lambs is grazing, not on grass, but on a field of herbs selected to unlock healthy omega-3 fatty acids in the animals’ me... More »
LONDON (Reuters) – Global automotive supplier Bosch expects platinum to play only a minor role in its new fuel cells, giving precious metal markets scant benefit even as the technology gains momentum for pollution-free transport. According to Reuters calculati... More »
HYDERABAD, India/SAN FRANCISCO (Reuters) – Facebook Inc has thousands of content labelers around the world who categorize content with the aim of creating large datasets that can be more readily analyzed by humans and software. One project at outsourcing vendo... More »
HYDERABAD, India/SAN FRANCISCO (Reuters) – Over the past year, a team of as many as 260 contract workers in Hyderabad, India has ploughed through millions of Facebook Inc photos, status updates and other content posted since 2014. The workers categorize items ... More »
HONG KONG/BEIJING (Reuters) – Chinese tech giants are in the hunt for young, energetic staff to take the place, in some cases, of veteran managers. The companies deny that the moves, which are worrying some older employees, reflect any discrimination based on ... More »
WASHINGTON/LOS ANGELES (Reuters) – U.S. solar and wind power companies may have the most to gain from the Green New Deal, an ambitious proposal backed by several Democratic presidential candidates to end U.S. fossil fuel consumption within a decade. But do not... More »
LONDON (Reuters) – Social media platforms must be able to react more quickly and stop the broadcast of live events, the leader of Britain’s opposition Labour Party said on Sunday, after a gunman in New Zealand broadcast a shooting rampage last week. A gunman b... More »
NEW YORK (Reuters) – JPMorgan Chase & Co has decided to stop financing private operators of prisons and detention centers, which have become targets of protests over Trump administration immigration policies. “We will no longer bank the private prison industry... More »
FRANKFURT (Reuters) – Germany’s car industry is to invest nearly 60 billion euros ($68 billion) over the next three years on electric cars and automated driving, the head of the VDA car industry association said ahead of the Geneva motor show. “We will invest ... More »
BOSTON (Reuters) – Top U.S. pension funds are asking electric utilities to accelerate efforts to cut carbon emissions but will not force the issue with proxy resolutions this spring, hoping market shifts and falling prices for renewable energy have already mad... More »
LONDON (Reuters) – Saudi Aramco’s chief executive said on Tuesday the oil industry is facing “a crisis of perception” and the views of some observers that the end of oil is near with the rise of electric vehicles are illogical and not based on fact. Amin Nasse... More »
COPENHAGEN (Reuters) – What to do with the mountain of garbage a major metropolitan area produces is an age-old question. Copenhagen has come up with a brand-new answer: ski down the mountain. Well, not exactly. The waste is actually inside Copenhill, a waste-... More »
(This Feb 7 story corrects to show, in fourth paragraph, that a temperature rise of 2°C is equivalent to 3.6°F, not 35.6°F) By Gwladys Fouche OSLO (Reuters) – Norway’s $1 trillion wealth fund will push the 9,000 firms it invests in to disclose more data on gre... More »
WASHINGTON (Reuters) – Democrats on Thursday laid out a “Green New Deal” that would eliminate U.S. greenhouse gas emissions within a decade, an effort to make climate change a central issue in the 2020 presidential race. The document, unveiled by rising politi... More »
LONDON (Reuters) – A record number of ‘socially conscious’ mutual funds and exchange-traded funds were launched by asset managers last year, keen to tap growing demand from retail investors. A total of 382 such funds were launched globally during 2018 to take ... More »
SYDNEY (Reuters) – “Thar she blows!” The old cry of sailors sighting a whale’s waterspout is taking on new meaning as scientists turn to drones, or unmanned aerial vehicles, to gather samples of the fluids exhaled by the huge mammals and track their health. Ma... More »
SAO PAULO (Reuters) – When Fabio Schvartsman took the reins of Vale SA in 2017, he suggested a motto for the world’s largest iron miner, turning the page on a tailings dam disaster that hit a small Brazilian town two years before: “Mariana, never again.” That ... More »
ROTTERDAM (Reuters) – As Daan Hosli’s hybrid BMW glides into downtown Rotterdam, it passes a virtual boundary into the city’s “electric-only zone” and his mobile phone trills out a reminder to switch off his combustion engine and drive on battery power. Hosli ... More »
WASHINGTON (Reuters) – The Trump administration’s senior air pollution official said on Friday that he and his agency were still exploring the science of climate change and fell short of calling it a crisis. Bill Wehrum, U.S. Environmental Protection Agency (E... More »
LUND, Sweden (Reuters) – Might tree roots, twigs and branches one day be used to power cars? That’s what a Swedish researcher is hoping after developing a pulp byproduct that – on a modest scale – does just that. Chemical engineering scientist Christian Hulteb... More »
NEW YORK (Reuters) – BlackRock Inc is planning a new fund for investors looking to park their cash safely while helping the environment, expanding options for “socially responsible” investments, a filing with U.S. market regulators showed on Tuesday. The world... More »
