Profits plunge at Thames Water after extreme weather puts the pressure on pipes December 6, 2018 Thames Water’s half-year profits plunged by nearly 50 per cent today, as a combination of extreme weather and regulatory fines threw light on the mounting pressures that loom over one of Britain’s largest utility companies. The under-fire firm posted pre-tax profits of £67.7m in the six months to September, falling from £129m in the same [...]
DEBATE: In light of the ongoing court case, should ‘ethical veganism’ count as a protected belief? December 5, 2018 In light of the ongoing court case, should “ethical veganism” count as a protected belief? Beth Hale, technical director at CM Murray, says YES. It is likely that Jordi Casamitjana, the claimant in this case, will be successful in persuading the tribunal that “ethical veganism” is a protectable belief under the Equality Act 2010. Provided he can show [...]
Outsourcer Mitie to step electric vehicle operation up a gear with 717 new cars and vans to enter fleet by 2020 December 4, 2018 Outsourcer Mitie’s shares rose this morning on the announcement it is to introduce electric vehicles into its fleet of cars and vans. The facilities management and professional services company said one-fifth of its 3,587 so-called smaller vehicles would be electric by the end of 2020, a total of 717 vehicles. Mitie said it would install [...]
Oil giant Shell reveals plans to link executives’ pay to sustainability targets December 3, 2018 Oil producer Shell today proposed linking its executives’ pay to their ability to reduce the company’s greenhouse gas emissions. The Anglo-Dutch giant said it would start setting three to five-year pay-linked targets for 1,200 of the most senior members of its team. It is part of a long-term plan to meet goals in the Paris [...]
G20 members agree to reform World Trade Organisation, says EU official December 1, 2018 G20 nations have agreed to reform the World Trade Organisation (WTO) according to European officials, with a preliminary draft of the announcement expected to be released at the end of the two-day meeting today. An EU official has claimed that leaders have acknowledged the need to improve the WTO and are in support of doing so. An agreement [...]
Polman bows out of Unilever with a rich legacy, but a tarnished reputation November 29, 2018 When Paul Polman announced his plan to quit as boss of Unilever last autumn, he had plenty of reasons to think he would be leaving the consumer goods giant on a high: he had fought off a £115bn takeover attempt from Kraft Heinz earlier in the year and forged a reputation as a champion of [...]
Climate change activists Extinction Rebellion begin fourth day of protest with demonstration in Parliament Square November 24, 2018 Climate change protest group Extinction Rebellion has launched a fourth day of action in London today by staging a demonstration in Parliament Square. The group, which brought the capital to a halt last Saturday, is protesting what it describes as a lack of action by the government on global warming. “We refuse to bequeath a [...]
Rich nations failing to meet their $100bn climate funding pledge November 23, 2018 Wealthy nations are falling short of the climate funding promise they made to deliver $100bn (£77.9m) in climate-related public aid for poorer countries. A report from the UN revealed that rich countries had donated about $55bn in 2016, which rises to more than $70bn if private capital is included, but is still some way off the pledged [...]
Commuter chaos: Extinction Rebellion protest creates central London gridlock for third straight day November 23, 2018 Protesters once again blocked rush hour traffic in central London this morning as members of environmental action group Extinction Rebellion took to the streets to cause chaos for commuters. A small number of activists blocked traffic at West Cromwell Road, Elephant and Castle, Victoria Street and Tower Hill for seven minutes, as their protests stretched [...]
NEX Exchange Profile: Good Energy Group plc November 19, 2018 | Sponsored Good Energy, the renewable energy company based in the heart of Wiltshire, is truly of the zeitgeist. It is one of the leading suppliers of renewable power in the UK today; it is also one of the main proponents for action to prevent further climate change, thanks in large part to the energetic dedication of [...]