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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A new engagement campaign could help reduce supply chain risk, according to investor group with $2.1 trillion assets under management.
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Confectionery giant warns businesses need to work together to fix 'broken' palm oil supply chains that further destruction of tropical forests.
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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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The new 2039 target builds on existing goals to reach carbon neutrality across its operations and halve its value chain emissions by the end of the decade.
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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.'
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That's according to a BloombergNEF report that calls policy support for the hydrogen economy 'insufficient.'