EnvironmentalResponsibility

Barclays Faces Increasing Pressure from UK Climate Activists

5 days ago

Barclays, a major player in the UK's banking landscape, has become a focal point for climate activists who are ramping up their efforts to hold financial institutions accountable for their role in climate change. The bank is under scrutiny not only for its financial decisions but also for its investments in fossil fuels, which critics argue contradict the urgent need for sustainable practices in the face of a climate crisis.

Rolls-Royce Unveils Upgrades Aimed at Reviving Its Overlooked Jet Engine Sector

28 days ago

In a bold move to rejuvenate its struggling jet engine segment, Rolls-Royce has announced significant upgrades designed to enhance performance and attract new customers. The company's commitment to innovation comes at a critical time when the aviation sector is recovering from pandemic-induced stagnation. These enhancements are not only aimed at bringing back lost confidence in their products but also positioning Rolls-Royce as a competitive player in a rapidly evolving market.

Understanding the "No Harm" Principle in the Context of Climate Change

2 months ago

The ongoing climate crisis has stirred an urgent debate about the responsibility of nations, corporations, and individuals to minimize environmental harm. At the center of this discussion is the concept of "no harm," which seeks to set standards and guidelines that compel all actors to consider the impacts of their actions on the planet. As we face unprecedented weather events and ecological challenges, deciphering what "no harm" truly entails has become more crucial than ever.

Pressure Mounts on UBS Bankers as Lawyers Challenge ESG Labeling Practices

2 months ago

Recent developments at UBS, one of the world’s largest banking institutions, have brought the topic of Environmental, Social, and Governance (ESG) labels to the forefront of the banking industry. With increasing scrutiny from legal experts, UBS bankers are reportedly feeling the heat as they reevaluate the accuracy and integrity of their ESG designations.

Duke Energy Extends Coal Plant Life Despite Pledged Climate Goals

3 months ago

Duke Energy Corporation made headlines when it announced its plan to extend the operational life of its most extensive coal-burning power plant. In the wake of the company's recent commitments toward shaving its carbon emissions and making gains on its climate goals, this seems somewhat like a contradiction. The decision has raised questions over its commitment to renewable energy following the October 3, 2024, decision.