Short-term pain, long-term gain.
Chariot Oil & Gas has cut its running costs by around 45% while continuing to seek a partner for its Moroccan gas project.
Disruptive environmental protests from activists like Greta Thunberg and groups such as Extinction Rebellion have dominated the news headlines of late, and with increased government scrutiny on corporate ethics, we are seeing a clear cultural shift when it comes to environmental, social, and governance (ESG) factors.
Sustainable investing has become one of the buzziest trends sweeping Wall Street. There are now dozens of conferences organized around the topic. Consulting firms and private foundations are spreading the gospel. Trillions of dollars are piling in.
FirstRand Ltd, Africa’s biggest bank by market value, has committed to disclosing its fossil fuel-related assets and lending but said it can’t meet a deadline requested by some investors.