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...Texas, the leading US oil-producing state, has declared Climate Action 100+ to be anti-oil and blocked financial companies, including BlackRock, from doing business with the government....
...In the Midwestern state of Nebraska, community bankers who objected to having their hands tied when doing business helped doom the legislation....
...In other words, we are at the stage where no one is off the hook if they are not doing enough, and seeing as the FT’s constituency is the world of finance, please do keep the pressure on finance to do all...
...Overall, BlackRock reported $138bn in net inflows in the Americas last year....
...It’s not just that Texas simply has more space to build on: its cities aren’t merely adding sprawl at the periphery, they’re densifying the existing city, and doing so by allowing existing homeowners to...
...The mood stands in stark contrast with the alarms being raised outside of the Hilton Americas Hotel....
...as well as supporters in business of diversity, equity and inclusion initiatives....
...“Often it’s as simple as there’s a solar site under construction or constructed and a neighbouring farmer just stops in there and asks questions.”...
...Yet, at the same time, cross-border business continued as usual. German chancellor Olaf Scholz led a group of industrial leaders on a trip to Beijing with the aim of doing joint ventures in China....
...The lawsuits are stacking up as Republican states rush to launch challenges ahead of the election....
...“Passive is doing a killing.”...
...But, in Texas, where two laws barred municipalities from doing business with banks that boycott fossil fuel and firearms companies, this has ended up costing taxpayers millions of dollars in extra interest...
...Just two years ago Buffett had described the business as one of the company’s “four giants”....
...Conservative Republicans characterise ESG as part of “woke” leftwing indoctrination that has taken over America’s institutions....
...West Texas Intermediate, the US marker, rose 2.6 per cent....
...Even as insurers have benefited from sharply rising premiums, increasing “convective” (severe) thunderstorms or hurricanes are making insurance another business facing day-to-day climate risks....
...Republican states reliant on the fossil fuel industry, including West Virginia and Oklahoma, have banned some asset managers from doing business with them, based on accusations of boycotting fossil fuels...
...And in the US, factories in a number of states have been found in breach of child-labour rules by drawing on an unprecedented pool of children who have arrived as unaccompanied migrants from Central America...
...The company filed suit in the US district court of northern Texas, arguing that Follow This and Arjuna’s proposal was “driven by an extreme agenda” and “calculated to diminish the company’s existing business...
...Institutional investor groups like Climate Action 100+ have also been doing work on this theme....
...It also entails not tilling the fields, as doing so damages their soil structure as well as releasing carbon stored in the soil into the air....
...Chief executive RJ Scaringe said in an email to employees seen by the Financial Times that the business was facing “a challenging macroeconomic environment — including historically high interest rates and...
...I was not too surprised to read Kenza Bryan and Steven Bernard’s piece from Friday about scanty ice coverage over North America’s Great Lakes this winter....
...The UN’s World Meteorological Organization this week sounded a “red alert” as it affirmed 2023 as having been the hottest year on record....
...The industry insists it is doing its bit for local communities....
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