Business/Finance

Written by: Kimberly White BP has announced it will cut oil and gas production 40 percent over the next decade.  The announcement follows the oil giant's reported $16.8 billion quarterly loss. Fossil fuel consumption has fallen drastically amid the COVID-19 pandemic.  The...

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: 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  Amazon has launched its $2 billion Climate Pledge Fund. Through the fund, Amazon aims to bolster the development of sustainable technologies to help companies achieve carbon neutrality.  The Climate Pledge Fund will invest in companies from a...

Written by: Kimberly White Companies, cities, investors, and civil society have joined together in pursuit of a resilient, zero carbon recovery.  Led by the UNFCCC's Champions for Climate Action, the Race to Zero campaign aims to mobilize leadership and drive support...

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: Kimberly White Google has pledged to no longer build custom artificial intelligence (AI) tools for oil and gas companies to extract fossil fuels from around the globe.  In an interview with theCUBE, Google Cloud managing director Will Grannis stated...

Written by: Kimberly White Morgan Stanley will no longer fund oil and gas exploration and development in the Arctic, including the Arctic National Wildlife Refuge.  Morgan Stanley is the fifth largest funder of fossil fuels in the United States. Thirty-five global...

Written by: Sean Fleming The statistics on global food waste make for grim reading. And as more consumers become aware of the problem, a Danish tech start-up with nearly 20 million users has declared war on unwanted food. Mette Lykke is...