BlackRock CEO recently announced he will take action towards a more sustainable investment. Whereas, in the early stages, responsible investing meant excluding from portfolio highly controversial and problematic stocks, such as gunmakers. Nowadays, responsible investment means selecting carefully the assets in portfolio and constantly monitoring to...
The Circularity Gap Report 2019 finds that the global economy is only 9% circular - just 9% of the 92.8 billion tonnes of minerals, fossil fuels, metals and biomass that enter the economy are re-used annually. Climate change and material use are closely linked. Circle Economy...
According to a report by Zion Market Research, the global AI in oil and gas market was around USD 1.75 billion in 2018 and is expected to reach around USD 4.01 billion by 2025. On January 16th 2019, Microsoft announced the company will be carbon...
There is food lost or wasted all along the chain from farm to table. And it’s not just the food itself that goes to waste, it’s all the resources that went into making it, from water to land and labour. When wasted, food has a...
The creation of a cocoa OPEC among the main cocoa producing countries has been in the collective imaginary of the producers for almost a decade. There are some reasons to support their argument, but the most undeniable one is the high concentration of production. Indeed,...
"All that glitter is not gold, often have you heard that told." Tech giants have long been deemed ESG good-will ambassadors. They usually couple a meaningful value proposition together with a garageland background, which makes the formula extremely appealing to people, especially the young. However, since...
Fiat Chrysler Automobiles (FCA) and Peugeot S.A. (PSA) merge into a new combined company, which would become the 3rd largest global Original Equipment Manufacturer (OEM) by combined revenues of nearly €170bn. FCA and PSA announced it issuing a joint press release and a proposed merger doc (see...
The European Central Bank should take "concrete action" to help tackle the climate crisis, more than 160 academics and civil society groups said in a letter to new ECB chief Christine Lagarde. "The most powerful financial institution in Europe cannot just sit passively as we witness...
As of October 8, Makoto Uchida, head of China operations, has been appointed as CEO. He will be supported by Ashwani Gupta, an India-born former Renault executive who will become COO. The management team will also include Jun Seki, currently in charge of Nissan’s turnround, as vice-COO....
Hari Nada, a powerful Nissan insider who was behind the ouster last year of Nissan’s chairman, Carlos Ghosn, over compensation issues, had been improperly overpaid himself, according to a law firm investigating problems at Nissan. As of October 9, Nissan Motor Co. said it has limited...
More than 400,000 German car owners seeking compensation from the carmaker over emissions test cheating have signed up to a landmark collective lawsuit, which is the largest legal claim of its kind in modern German history. Volkswagen has already paid out more than €30bn around the world...
What is the right business plan for an oil and gas company as people's awareness about the threats of climate change leave no space for fossil fuels in the future? In May 2017, Shell top brass discussed the future of the world’s biggest dividend payer to...
German authorities in Braunschweig have formalized the allegations of Volkswagen chief executive Herbert Diess, chairman Hans Dieter Poetsch and former CEO Martin Winterkorn of market manipulation in connection with the diesel emissions scandal that dates back to September 2015. The firm admitted in 2015 using illegal software to cheat...
Hedge funds are starting to face the increasing interest in responsible investing. According to the survey by BarclayHedge, a division of technology firm Backstop Solutions, four out of ten hedge fund managers now consider environmental, social and governance (ESG) ratings in their capital allocation decision. The reason...