Displaying 1 - 8 of 8
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The energy transition is slowing down growth of oil demand, but has yet to reduce overall levels of consumption of the fossil fuel, the IEA warns.
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Giants including BP and Shell with major investors have published net-zero principles to follow, but what constitutes a credible plan?
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The supermarket giants said it removed 1 billion pieces of plastic from across its U.K. business last year.
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But its commitment is slammed by campaigners as 'empty' and an 'attempt to buy time' due to its failure to commit to divest from coal and oil and gas.
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Among its pledges are a 40 percent reduction in its oil and gas output by the end of the decade.
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Man-made cellulosic fibers, the second biggest cellulosic fiber group after cotton, holds huge untapped potential to transform the fashion industry, according to Forum for the Future and the Textile Exchange.
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Around a third of investors, including the world's largest asset manager, voted for changes to the oil giant's governance to help drive bolder climate action
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While some investors welcomed the latest net zero pledge from a leading oil giant, others believe the announcement was a 'clear attempt to stave off a shareholder rebellion at its AGM.'