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...Aviva and Phoenix Group did not provide figures when asked by the Financial Times....
...Yuyun Ismawati, founder of the environmental group Nexus3 Foundation in Indonesia, said plastic offsetting allowed corporations to fund damaging false solutions, such as the burning of plastic....
...The lorry management software and fuel cards payment provider, which trades as Eurowag, said: “At this stage, the group does not intend to pay dividends; instead, it intends to prioritise investment in growth...
...China’s state-owned giants, China National Nuclear Corporation and China General Nuclear Power Group, are also expanding rapidly....
...About 40 per cent of the fossil fuel assets it identified were issued by financial subsidiaries of fossil fuel corporations, report author Clarisse Murphy told me, putting them outside the scope of the ECB...
...revelation that a Chinese company is funding several US patent lawsuits has put the $13bn litigation finance industry on the defence over claims that Beijing could exploit the American legal system and spy on corporations...
...South Africa’s Public Investment Corporation, a manager of government employee pension assets that is Anglo’s largest shareholder, said it would assess any offers presented to shareholders....
...A real-terms cut to fuel duty might seem strange given the small matter of climate change. But compared with a special tax cut on coal, it has the air of genius....
...than a phaseout of all fossil fuels, full stop....
...Exxon peers in Europe such as BP and Shell have sold parts of their fossil fuel portfolio in response to climate concerns. Both companies have cut oil output since 2019....
...Lyons, chair of FTSE 100 pensions group Phoenix, was instrumental in driving talks over the past year that led to the Mansion House compact....
...The group sits on an $18.4bn pile of investments, which Nuttall and Bae have bet will fuel earnings in the coming years....
...Fossil fuel emissions must come down pronto....
...Last June, it agreed to sell 4mn tonnes a year of LNG to China National Petroleum Corporation for 27 years, following a similar deal with China’s Sinopec in November 2022....
...While Chevron will shell out $53bn for Hess Corporation....
...The 1,000 richest Americans will be subject to a minimum tax of 25 per cent, raising $500bn over 10 years, while corporations would pay at least 21 per cent in tax....
...United States Steel Corporation, for example, has said it will use generative AI software from Google to guide its workers through truck repairs and ordering parts....
...Hunt is expected to freeze fuel duty, which has not been raised since 2011....
...“This was the mother of all climate cases against corporations,” said Klaas Hendrik Eller, an assistant professor at the University of Amsterdam’s centre for transformative private law....
...EPRI, an energy research organisation, appointed Vince Sorgi, chief executive of PPL Corporation, as chair of the board....
...The Isle of Man also has weaker corporate transparency rules than the UK and lower corporation and personal taxes....
...The next four crude cargoes will be supplied by the state-owned oil company the Nigerian National Petroleum Corporation (NNPC) in “two to three weeks” and ExxonMobil will supply the last of the initial six...
...“Texas PSF Corporation is in full compliance with all state laws,” she said....
...Private equity can no longer rely on borrowing cheap money to fuel returns, and will have to go back to its roots of sourcing good deals and making operational improvements, according to the head of Goldman...
...“Ultimately, I want to make certain that corporations, no matter their size, treat Tennessee consumers fairly and honestly,” Skrmetti, a Republican, said in a statement....
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