Equinor cuts shareholder payouts as fossil fuel returns slow and renewables drag February 7, 2024 Equinor will return $3bn (£2.3bn) less to shareholders in 2024 than a year prior
Has ChatGPT single-handedly killed the world’s chances of hitting net zero? February 6, 2024 When questioned if it really did have our best intentions at heart, ChatGPT is unnervingly diplomatic.
New study: What’s holding back sustainable funds? Greenwashing. February 6, 2024 Investments into sustainable funds are reducing due to an increase in greenwashing and scepticism towards environment, social and governance focused investing, a new study has found.
USA & ESG in 2024 February 5, 2024 | Sponsored As ESG awareness and disclosure has been growing in the USA over the past few years, so too has the anti-ESG movement – as detailed by my colleague Kit last year. Just last week, Texas announced it had banned Barclays from participating as an underwriter in the state’s municipal bond market for failure to respond [...]
Empowering Change: The Genesis of Inspiration for All January 31, 2024 | Sponsored In the world of education, where the disparities in quality and access are as vast as the global landscape itself, the story of “Inspiration for All” emerges as a beacon of hope and innovation. Founded on the principles of leadership excellence and the transformative power of education, this organisation’s journey from a nascent idea to [...]
Hydrogen specialist ITM Power quadruples revenues as turnaround plan delivers January 31, 2024 Hydrogen energy storage company ITM Power has quadrupled revenues and cut losses one year on from the adoption of a company-wide transformation plan. The hydrogen energy storage company reported that revenues for the six months period ending October 2023 came up to £8.9m from £2m year-on-year while adjusted EBITDA loss was slashed from £54.1m to [...]
Reflo interview: Harry Kane deal can make our brand a behemoth January 31, 2024 Harry Kane can help sustainable sportswear brand Reflo become a business behemoth, according to the firm’s co-founder, after the England captain became the third largest shareholder in the company. The Bayern Munich striker is one of a number of sporting names, including golfers Tiger Woods and Jason Day, to split with Nike in the past [...]
‘Radical change’ needed as mental health sickness costs UK £118bn annually January 31, 2024 Business leaders have been pressed to prioritise providing more support to employees to combat a surge in mental ill health in the workplace.
Shell hopes to reassure shareholders of green gains amid expected profit hit January 31, 2024 Of the two UK oil majors, Shell has been the quieter of late. Market discussions in recent weeks have largely revolved around BP’s former finance boss-turned chief executive Murray Auchincloss. Specifically, what his tenure could mean for a company that seems stuck between a rock and a hard place balancing shareholder returns with a demanding [...]
The business case for corporate social impact January 30, 2024 | Sponsored What it takes to sustain a business over time has radically changed. No longer is it enough to deliver value to customers and turn a profit. Now, companies need to ensure their impact on people and the planet is positive if they want to attract talent, be a top consumer choice, and access funds from [...]