2020-01-27 01:01:37| Guardian Unlimited Business - more business news
Brunel Pension Partnership sets 2022 deadline for investment firms to reduce exposureA 30bn British pension fund has threatened to sack investment managers that do not take action on the climate crisis, criticising the sector as not fit for purpose.Brunel Pension Partnership, which manages pension money for nine councils in south-west England as well as for the Environment Agency, said it would review the mandates of asset managers that dont reduce exposure to climate risk by 2022. Continue reading...
2020-01-26 13:27:14| Guardian Unlimited Business - more business news
What Davos didnt face up to is that we cant expect poor people to make all the sacrifices For those perched at the top of the mountain the view is perfectly clear. Climate change is the issue of the moment and has to be tackled without delay. Governments, companies and individuals are all going to have to adjust to the new reality.Anybody who is not with the agenda, for example Donald Trump, is either mad or bad. There was a big US delegation to Davos last week but it found itself isolated in public, at least on the climate emergency. The annual meeting of the World Economic Forum found Greta Thunbergs call to arms much more compelling. Continue reading...
2020-01-25 18:25:30| Telegraph Business
2020-01-25 17:00:00| Guardian Unlimited Business - more business news
Bernard Looney is hailed as a moderniser but made his name at the company pumping crudeIt has been almost 10 years since BP was mired in the largest marine oil spill in history, following the explosion at the Deepwater Horizon rig in the Gulf of Mexico. In 2010 Bob Dudley was the man tasked with steering the group back from the brink of collapse as compensation payouts threatened to suffocate the business.A decade on, Dudleys successor will now have to navigate an environmental crisis on a global scale. Continue reading...
2020-01-25 08:46:54| Mondaq.Com
This human rights lawyer emphasised that Australian courts are reluctant to pull the government up on policy issues.