TORONTO–(BUSINESS WIRE)–Facedrive Inc. (“Facedrive”) (TSXV: FD) (OTCQX: FDVRF), a Canadian “people-and-planet first” tech ecosystem, is pleased to announce that its food delivery vertical, Facedrive Foods, has launched operations in the region of Scarborough, ON, in response to burgeoning customer demand.
When Randall Stephenson joined 180 of his peers leading many of the richest U.S. companies in signing the Business Roundtable pledge on the “purpose of a corporation” in August 2019, the then-chief of AT&T Inc promised to look out for
LONDON — Nothing escapes the winds of change now sweeping through BP, not even the exploration team that for more than a century powered its profits by discovering billions of barrels of oil. Read More
Deutsche Bank AG said on Sunday it began a probe in relation to engagement with some clients after the Financial Times reported earlier that the German lender was investigating the alleged mis-selling of investment banking products. Read More
TOKYO — Japanese trading house Sumitomo Corp will stop investing in new oil development projects as it shifts away from fossil fuels businesses amid a global push to cut greenhouse gas emissions, the Nikkei business daily reported on Sunday. Read
BROOKFIELD, NEWS, Jan. 22, 2021 (GLOBE NEWSWIRE) — Brookfield Renewable Partners L.P. (NYSE: BEP; TSX: BEP.UN) today announced that after having taken into account all election notices received by the January 18, 2021 deadline for the reclassification of its Class
(Bloomberg) — The Ontario Teachers’ Pension Plan committed to reaching net-zero emissions across its investment portfolio within three decades. Read More
After a 10-month investigation, a task force commissioned by the Ontario government has issued a range of sweeping recommendations to reform the province’s securities regulator. Read More
For several years now the World Economic Forum, host of the annual corporate celebrity bash known as the Davos Summit, has been a driving global force behind a move to overthrow market capitalism and profit-maximizing corporations and replace them with
SEATTLE — Boeing Co said on Friday it will begin delivering commercial airplanes capable of flying on 100% biofuel by the end of the decade, calling reducing environmental damage from fossil fuels the “challenge of our lifetime.” Read More
Northern Trust Asset Management launches Climate Aware Emerging Market Index Strategy Submitted 22/01/2021 – 4:32pm Northern Trust Asset Management has expanded its sustainability solutions with the launch of a unique, sustainable emerging market green transition index strategy, with climate change
A €1 billion ($1.2 billion) sustainability-linked leveraged buyout (LBO) loan from German wind turbine gearbox maker Flender to support its buyout by private equity firm Carlyle has attracted “phenomenal” demand from investors, a banker close to the transaction told Environmental
EVgo Services LLC said on Friday it has agreed to go public through a merger with blank-check firm Climate Change Crisis Real Impact I Acquisition Corp, in a deal that values the electric vehicle charging station provider at $2.6 billion.
(Bloomberg) — EVgo Services LLC, a charging network for electric vehicles that’s entirely powered by renewable energy, is nearing a deal to go public through a merger with Climate Change Crisis Real Impact I Acquisition Corp., according to people with
MUNICH — BMW aims to return to its pre-pandemic operating margin target as the global economy recovers, but big investments in electric cars mean the automaker will have to simplify its vehicle portfolio, its finance chief told Reuters. Read More
BERLIN — Volkswagen faces a fine of more than 100 million euros ($121 million) for missing EU targets on carbon dioxide (CO2) emissions from its 2020 passenger car fleet, the world’s largest carmaker said on Thursday. Read More
Nordea wins USD240m mandate for sustainable EM strategy Submitted 21/01/2021 – 10:26am Finland’s Varma Pension Insurance Company has invested USD240 million into Nordea’s ESG-focused Emerging Stars Equity strategy. Sustainability is an integrated part of the investment process at Varma, which
(Bloomberg) — Before it launched the world’s biggest public listing, Saudi Arabian Oil Co. promised potential investors a small piece of a trillion-dollar company with access to unrivaled oil reserves. Not just in sheer volume but in climate friendliness, too.
PARIS–(BUSINESS WIRE)–Green Finance, the reference media for green finance, organized a WebConference on Tuesday 26th January at 4pm (Paris-time), open to institutional investors, asset managers, finance professionals, but also to local and regional authorities. “This Web Conference will be the
(Bloomberg) — Oman’s government named Haifa Al Khaifi as head of a new company that controls the country’s biggest oil block, a rare appointment for a woman in a male-dominated sector in the Middle East. Read More