RSBI:ESG-INVESTORS

Environmental groups urge funding halt for TotalEnergies’ Mozambique project

by
Environmental groups urge funding halt for TotalEnergies’ Mozambique project

TotalEnergies signs are seen at a petrol station in Nice, France, October 10, 2022. REUTERS/Eric Gaillard/File Photo Acquire Licensing Rights CAPE TOWN, Nov 17 (Reuters) – Banks and other financiers should withdraw their support of TotalEnergies’ (TTEF.PA) $20 billion liquefied natural gas (LNG) terminal in Mozambique, environmental lobby groups urged in a letter sent to … Read more

Sam Bankman-Fried convicted of multi-billion dollar FTX fraud

by
Sam Bankman-Fried convicted of multi-billion dollar FTX fraud

NEW YORK, Nov 2 (Reuters) – FTX founder Sam Bankman-Fried was found guilty on Thursday of stealing from customers of his now-bankrupt cryptocurrency exchange in one of the biggest financial frauds on record, a verdict that cemented the 31-year-old former billionaire’s fall from grace. A 12-member jury in Manhattan federal court convicted Bankman-Fried on all … Read more

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

by
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

Comment: How contracts and AI can help companies tackle climate change in their supply chains

by
Comment: How contracts and AI can help companies tackle climate change in their supply chains

August 23 – Governments globally continue to introduce new regulations in an effort to motivate companies to decarbonise their supply chains. In 2019 the UK became the first G7 economy to pass legislation in support of reaching net zero emissions by 2050, and in January of this year, the EU’s Corporate Sustainability Reporting Directives (CSRD) … Read more

Gabon sees Africa’s first ‘debt-for-nature’ swap over the line

by
Gabon sees Africa’s first ‘debt-for-nature’ swap over the line

A view shows an ecoguard walking on a path in the Arboretum Raponda Walker during a press visit of this protected forest aera on the eve of the opening of the One Forest Summit in Libreville, Gabon, February 28, 2023. REUTERS/Elizabeth Pineau/File Photo JOHANNESBURG, Aug 8 (Reuters) – Gabon moved forward with Africa’s first debt-for-nature … Read more