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...The debate over Apple’s claims highlights the problems facing companies that are trying to follow environmentally sound policies, while seeking to make marketing statements to tout their green credentials...
...Companies’ environmental and social goals had become politicised, he said, but “quality companies are deeply invested in this and if I walk out of this office and I take a 25-year-old associate that has...
...The two recycling projects generate and sell plastic and carbon offset credits to big companies that use large amounts of plastic....
...In a filing with the Delaware Court of Chancery on Friday, Bernstein Litowitz Berger & Grossmann, the lead counsel for the plaintiff shareholders, conceded such an award was “unprecedented” in absolute value...
...“With this unprecedented supply of cheaper materials, how does recycling compete in that environment? It is a much tougher environment than we have seen previously.”...
...Lawyers told the Financial Times that Bernstein Litowitz Berger & Grossmann, the law firm that led the representation of investors challenging the pay plan, could ask that the Delaware Court of Chancery...
...infrastructure and boost consumer awareness about recycling....
...In 2022, it sold one of those holdings, TES, a battery recycling group, to South Korea’s SK ecoplant for $1bn....
...Berger Singerman is acting as Bird’s counsel and Teneo is its financial adviser....
...newsletter: The lawyers clawing Musk for cash Julius Baer is rocked by Signa Chevron hits a speed bump Meet the lawyer who hunted down Musk Greg Varallo is a shareholder rights lawyer at Bernstein Litowitz Berger...
...Next time you’re at an Apple store, instead of paying for your iPad, why not reframe the transaction as your decision to bequeath the company some money, and see how that grabs the “geniuses”....
...Tesla co-founder JB Straubel’s battery recycling start-up is in talks to raise $700mn in a deal that would value it at almost $5bn and help fund the company’s first major plant in Nevada....
...When Carol reveals that she misses “recycling, the feeling I get when saving money”, it is both amusingly specific and achingly sad....
...“There is an iPhone for everyone catering for different habits supported by numerous trade-in and recycling programmes,” said Paolo Pescatore, analyst at PP Foresight....
...But big US waste companies have been investing hundreds of millions of dollars to improve their recycling facilities, including new tech to sort materials, a Morgan Stanley report noted in June 2022....
...The investors, who also want companies to phase out hazardous chemicals used in plastics, plan to establish targets for each company, following up with letters and calls....
...This article has been updated to clarify that Higg Inc has rebranded as Worldly, not the Higg Index as incorrectly stated in a previous version. ...
...A version of this article was first published by Nikkei Asia on March 24 2023. ©2023 Nikkei Inc. All rights reserved....
...Brookfield previously raised $15bn in a fund co-led by former Bank of England governor Mark Carney, which has supported renewable power development alongside technologies such as nuclear and waste recycling...
...It focuses on four areas: water, agriculture, recycling and recirculation and sustainable materials, and targets solutions providers rather than mega-caps making biodiversity promises....
...In December 2022, Nth Cycle, a Boston-based metals and recycling company, won a $2.15mn grant from the US energy department to fund its work in battery recycling....
...However, a court in California is allowing a lawsuit to go forward that claims the labelling on Reynolds’ “recycling bags” tricks consumers into believing that the bags themselves are recyclable....
...It has created 79 companies, ranging from a coffee producer, to a new airline, a waste-recycling business, a defence firm and even a vape business....
...Helen McGeough, senior analyst for plastics recycling at ICIS, said high prices and limited supply were slowing companies’ efforts....
...It also raised questions about whether Hay, without Florence’s programming prowess, could retain its edge in a world awash with literary festivals, often recycling the same roster of authors....
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