Climate startup Altrustiq bags £15m as investors hunt for greenwashing solution July 25, 2022 London-based climate tech firm Altruistiq has bagged £15m in seed funding today as investors bet on 'carbon accounting' as a solution to the rise of greenwashing.
“Now or never” for climate change mitigation, IPCC warns April 13, 2022 The next few years are critical in the fight against climate change, according to the third instalment of the UN’s latest sixth landmark report. Its global assessment of global climate change, which will be completed this year, has warned that without deep and immediate emissions reductions across all sectors, limiting global warming to 1.5 degrees [...]
Macro challenges, climate change and digitisation drive growth for tech firm SThree July 25, 2022 Macro-economic challenges, digitisation and the fight against climate change provided a major boost to science and tech firm SThree. The company reported a 64 per cent rise in profit before tax to £44.3m in the first half of 2022 compared 2021’s first half. SThree also made progress towards ESG targets with more than 16,540 people [...]
North Sea body backs easing climate rules for oil and gas amid green fury September 27, 2022 Offshore Energies UK has supported the scrapping of scope three emissions requirements for new oil and gas exploration.
Activist investor prepares to take on Shell over climate targets May 12, 2022 Shell is preparing for a shareholder showdown at its upcoming AGM, as activists push for more stringent environmental targets.
BlackRock to wind down support for ‘prescriptive’ climate resolutions May 12, 2022 BlackRock is planning to decrease its support for shareholder climate resolutions this AGM season over concerns that many of those tabled are “too prescriptive”.
Pinterest rolls out new climate misinformation policy April 6, 2022 Pinterest has rolled out a new policy that will make it the first and only major digital platform to have clearly defined guidelines against climate misinformation. The new policy extends across both organic and paid content, banning false or misleading climate change content and conspiracy theories on the platform. The new climate misinformation policy removes [...]
UK banks ‘ahead of the pack’ in climate risk exposure disclosures May 5, 2022 UK banks are the most transparent in the world at disclosing their exposure to climate change risks, reveals a fresh report released today. The creation of an accounting framework that incentivises British lenders to update markets on their green credentials has led to them being “ahead of the pack,” according to consultancy KPMG. The Prudential [...]
Climate reporting a ‘burden’ for pension funds but the only way forward, says Opperman July 11, 2022 Newly reappointed pensions minister Guy Opperman said today that new climate reporting measures for pension funds were a “challenge” and “burden” for fund managers but it was clear it was now the only way to clean up investment. Opperman, who resigned and was reappointed to his role last week, said that becoming the first country [...]
Facebook algorithm pushes climate sceptics deeper into disinformation March 30, 2022 A new investigation has revealed that Facebook users that show an interest in climate scepticism are being driven towards more extreme forms of climate disinformation by algorithms, despite the social media giant's claims of a crackdown.