THA Secretary of Infrastructure, Quarries and Urban Development Trevor James has accused the Government of stymieing development in Tobago in what he believes is its apparent reluctance to issue a blasting permit and mining licence for operations at Studley Park Enterprises Ltd (SPEL).
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Oil and gas companies fall short on climate risks in annual reports
Thursday 1 April 2021
A backhoe offloads large pieces of stone at the Nordberg Crushing Plant at the Studley Park Quarry on the Windward Road, Tobago in this 2020 photo. - Photo by Ayanna Kinsale
A detailed analysis of mining, oil and gas companies by ACCA (the Association of Chartered Certified Accountants) and the University of Glasgow Adam Smith Business School reveals the need for more clarity and depth in climate change related disclosures.
The scrutiny of 60 companies’ 2019 annual reports indicates that many companies do not sufficiently engage with disclosures about their climate change-related risks. With COP26 taking place in Glasgow in November, this analysis comes as a wakeup call, with the report authors saying there is a more urgent need for improving climate change-related disclosures.