Business/Finance

Written by: Kimberly White  UBS Group will no longer fund new offshore oil projects in the Arctic. The Swiss bank also announced it would not provide financing for new thermal coal mines or oil sands on undeveloped lands.  The new standards...

Written by: Kimberly White  Countries from around the world have pledged more than $9.7 billion to replenish the Green Climate Fund (GCF).  The Green Climate Fund was established in 2010 by the 194 countries who are parties to the United Nations...

Written by: Kimberly White Burger King is testing out a new plant-based Whopper. Beginning today, 59 Burger King restaurants in the St. Louis, Missouri area will be testing the new Impossible Whopper. Similar to its beef counterpart, the Impossible Whopper features...

Written by: Achim Steiner and Tatiana Rosito Human life on Earth is currently at odds with the survival of the planet itself. Human activity – from conflict to commerce and construction to farming and fossil fuel use – is depleting...

Written by: Kimberly White  A new report from the World Economic Forum (WEF) has found that prioritizing nature isn’t just good for the planet but also good for business.  World leaders, cities, companies, and individuals around the globe have been calling...

Written by: Kimberly White Consumer goods giant Unilever has announced a new €1 billion initiative to tackle the climate crisis and pledged to achieve net zero emissions across its value chain by 2039.  Unilever’s new commitments are designed to “improve the...

Written by: Kimberly White  BNP Paribas is accelerating its timeline for a complete coal phase-out.  In 2019, the bank announced its 2030 target cut-off date for countries in the EU. BNP Paribas is now expanding its target date to end the...

Written by: The Energy Mix The coal, oil, and gas industries received US$5.9 trillion in worldwide subsidies in 2020—a mind-bending $11.2 million per minute, every minute of every hour of every day in the year—the International Monetary Fund (IMF) revealed...

Written by: Kimberly White  Apple is stepping up its climate commitments. The tech giant has pledged to achieve total carbon neutrality by 2030. While Apple has already reached carbon neutrality for its global corporate operations, the pledge will extend to...

Written by: Gareth Francis A decade ago, the role of Chief Sustainability Officer (CSO) did not exist in many organizations. But with climate change-related risks dominating the long-term global risks identified by the World Economic Forum, businesses around the world are...