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Climate crisis

  • How the banking net zero fantasy ran out of gas

    Banking

    Over the past year, the world’s biggest banks‘ net zero enthusiasm has quickly and quietly dried up. Top lenders have backtracked, diluted or outright abandoned their environmental, social and governance (ESG) policies. The return of President Donald Trump has been highlighted as a turning point for green finance with firms across the financial industry turning sour [...]

    City banks could be in for a tax raid come the Autumn Budget.
  • The City is distracted. Climate crisis inaction will cost us everything

    Opinion

    The City can't afford to make the climate crisis a tomorrow problem, writes City of London Corporation policy chairman Chris Hayward.

    WIGAN, ENGLAND - NOVEMBER 22: The sun sets behind artist Luke Jerram's 'Floating Earth' at Pennington Flash on November 22, 2021 in Wigan, England. The floating Earth will hover over Pennington Flash for 10 days from November 19, as part of a celebration of Wigan and Leigh's watercourses and is the first time one of Jerram's globes has been floated on an open expanse of water. (Photo by Christopher Furlong/Getty Images)
  • BP: Oil giant lifts dividend as it beats expectations in second quarter

    Energy

    Oil giant BP reported a stronger-than-expected net profit for the second quarter and raised its divided despite earlier warnings of lower refining margins.

    Elliott Management has taken up a near-five per cent stake in BP
  • GB Energy is more rooted in ‘big state’ ideology than climate ambition

    July 23, 2024

    Conservatives need to hold Labour accountable for wasting taxpayers’ money and crowding out private finance through GB Energy, writes Sam Hall

  • Firms moving listings to the US isn’t just bad for Brits, it’s bad for the planet

    June 23, 2024

    The wave of British companies listing in the US isn't just bad for the London Stock Exchange, it's also worsening climate change.

  • ‘Chronic short-termism’ stopping UK from becoming a ‘superpower’, report backed by Tony Blair and John Caudwell warns

    June 4, 2024

    Britain’s "chronic short-termism" is holding it back from being a science and technology superpower, according to a new report backed by billionaire businessman John Caudwell and former Prime Minister Sir Tony Blair.

  • Why profit with purpose is more than a buzzword for this entrepreneur

    May 14, 2024

    Profit with purpose is more than a buzzword for Tessa Clarke’s fast-growing food recycling business — and Ambition A.M.'s latest founder profile takes a look at why.

Trending Articles

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  • GDP: UK faces ‘most dismal decade for growth in 100 years’

  • ‘Thai fantasy’: the 7 best hotels in Thailand (one for every mood)

  • City stunned by Nuveen’s £10bn swoop on Schroders

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