US Treasury: Financiers’ ‘net zero’ pledges must align with temperature limits

US Treasury: Financiers’ ‘net zero’ pledges must align with temperature limits

[1/3]U.S. Treasury Secretary Janet Yellen speaks during an interview in New York City, U.S., September 18, 2023. REUTERS/Shannon Stapleton/File Photo Acquire Licensing Rights NEW YORK, Sept 19 (Reuters) – “Net-zero” financing commitments from banks and asset managers should align with goals to limit the global average temperature increase to 1.5 degrees Celsius and be backed … Read more

Sand dredging is ‘sterilizing’ ocean floor, UN warns

Sand dredging is ‘sterilizing’ ocean floor, UN warns

GENEVA, Sept 5 (Reuters) – Around 6 billion tons of marine sand is being dug up each year in a growing practice that a U.N. agency said is unsustainable and can wipe out local marine life irreversibly. Sand is the most exploited natural resource in the world after water but its extraction for use in … Read more

Blue skies, green air travel: ESG in the aviation industry

Blue skies, green air travel: ESG in the aviation industry

August 28, 2023 – The future of aviation may see continued technological and operational advancements, innovative solutions to enhance the customers’ experiences, customizable menu of options for ticketing and baggage pricing, and a higher priority placed for green air travel. With increasing discussion among industry stakeholders regarding the appropriate role of environmental, social, and governance … Read more