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A COP28 pledge by energy majors to reduce their emissions is not enough to convince many sustainable fund managers to include the companies in their portfolios because it omits pollution from the use...
By Simon Jessop and Tommy Wilkes DUBAI (Reuters) - A COP28 pledge by energy majors to reduce their emissions is not enough to convince many sustainabl...
Sustainable fund exposure to oil and gas is dropping
(Bloomberg) -- A senior executive at Norway’s sovereign wealth fund, which owns a larger share of global stocks than any other investor, says Big Oil’s transition strategy isn’t holding up as carbon emissions continue to rise.Most Read from BloombergRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownDimon Warns 7% Fed Rate Still Possible, Times of India SaysIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesStocks Sink as Bears Take Charge,
By Adeboye Ado, Akure The Ondo State government says it is planning to attract investment worth $2 billion to the state, towards creating 70,000 new jobs for the unemployed youths and the development of the state. The acting governor of Ondo state, Mr Lucky Ayedatiwa stated this while declaring open 'Develop Ondo 2.0 Investment Summit'