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...Ben van Beurden, who started with KKR on a part-time basis in January, is advising the $553bn in assets investment group on its new global climate strategy within the infrastructure investment unit....
...None more so than the venerable De L’Europe, which has stood at the confluence of the Amstel river and two canals since 1896 and is just completing a five-year renovation....
...Van Beurden’s comments, at the FT Commodities Summit in Lausanne, will add to fears that London’s most-valuable listed company could eventually leave the UK stock exchange....
...Today we will interview the chief executives of Trafigura, Vitol, Gunvor, Mercuria and Castleton Commodities and also hear from former Shell chief executive Ben van Beurden in his first public interview...
...“Given Exxon’s preference to fight a battle in court rather than allow shareholders the freedom of a vote at its annual meeting, we decided to withdraw the climate proposal,” founder Mark van Baal, Founder...
...Now recognised as an audacious masterpiece, it was the inspiration for The Second Woman — the 24-hour-epic delivered by Ruth Wilson last year — and it drives this similarly ambitious and conceptually complex...
...Mark van Baal, founder of activist group Follow This, which has filed regular shareholder motions at Shell calling on the company to cut emissions faster, immediately criticised the changes....
...Simões, who joined the business from Santander, replaced Sir Nigel Wilson, L&G’s chief of more than a decade....
...“Given Exxon’s preference to fight a battle in court rather than allow shareholders the freedom of a vote at its annual meeting, we decided to withdraw the climate proposal,” Follow This founder Mark van...
...Meanwhile, my FT colleagues Tom Wilson and Antoine Gara have published a scoop this morning on Shell’s former chief executive Ben van Beurden joining private equity group KKR as a senior adviser for energy...
...As L&G takes on liabilities, it creates assets to back them. Homebuilding has been a key aspect of Wilson’s tenure. L&G had acquired or built almost 1,000 affordable homes by the end of 2022....
...The activist group has organised similar motions at Shell meetings since 2016 but support for the upcoming resolution has drawn the largest number of investment managers, said Follow This founder Mark van...
...Shell’s former chief executive, Ben van Beurden, told a Financial Times conference this week that the company — the biggest publicly listed group in the UK — was “massively undervalued” in London and may...
...Both are alumni of consultancy McKinsey and came to insurance as outsiders — Wilson’s first job in insurance was at L&G, joining from events company UBM....
...L&G’s retail business was also “bolstered” by rising individual annuity sales....
...Job moves Shell’s former chief executive Ben van Beurden is joining private equity group KKR as senior adviser for energy transition investments. Van Beurden spent 39 years at the oil major....
...Sawan has outlined plans to boost returns by maintaining oil output, growing the gas business and trimming less profitable parts of the company’s low-carbon portfolio established under his predecessor Ben van...
...Additional reporting by Tom Wilson...
...Before I experienced Barkley L Hendricks’ revelatory retrospective at the Studio Museum in Harlem in 2008, I had never seen more than a couple of his works at a time....
...“As long as society believes that, by starving [fossil fuel] supply, you will somehow force demand to come down as well, that is not a sustainable way of tackling the energy transition,” said Ben van Beurden...
...Dries Van Noten, the Belgian founder of the high-end fashion house that carries his name, said his team had approached Puig about being acquired in a deal that was eventually sealed in 2018....
...LVMH-owned Sephora recently released a blockbuster set of annual results and said it had the potential to reach €20bn in sales, while L’Oréal reported a 7.6 per cent rise in sales last year to more than...
...The question is whether the fuel remains the right focus for a company that Sawan insists is sticking to a strategy launched by his predecessor Ben van Beurden to achieve net zero emissions by 2050 through...
...Puig is small compared with sector-leading peers L’Oréal and Estée Lauder, but has grown rapidly through acquisitions in the past decade, striking 11 deals in the past 12 years....
...Tom Wilson in London...
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