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E.Sun Financial commits to "Business Ambition for 1.5°C"

E.Sun Financial Holding Co (玉山金控) has signed the “Business Ambition for 1.5°C” pledge for this year, and has set intermediate targets approved by the Science Based Targets initiative, it said on Friday last week.
E.Sun said in a statement that it is the first financial institution in Asia to adopt the 1.5°C climate target, an initiative in line with international standards.
The company has set mid and long-term goals, it said, adding that it is announcing before Earth Day that all of its local buildings are to be converted into green buildings by 2027.
Its domestic locations are set to use 100 percent ....

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Daily on Energy: China's coal use is soaring

Daily on Energy: China's coal use is soaring
washingtonexaminer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonexaminer.com Daily Mail and Mail on Sunday newspapers.

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UBS: 2020 Net Profit of USD 6.6bn, 17.6% Return -3-


Provided by
Dow Jones
Jan 26, 2021 6:00 AM UTC
Recognizing the additional pressure placed on employees by shuttered workplaces and schools, restricted activities and varying degrees of lockdown, we introduced a range of measures throughout 2020 to help employees adapt. For example, we offered extra flexibility to care for children and introduced a variety of tools and resources to support employees physical, mental, financial and social well-being.
As a sign of appreciation for their contribution throughout this challenging year, and acknowledging that the pandemic may have resulted in unforeseen expenses, the Group Executive Board awarded UBS s employees at less senior ranks a one-time cash payment equivalent to one week s salary. ....

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'Pivotal moment' as fund groups sign Net Zero Asset Managers commitment – ESG Clarity


By Natalie Kenway
Investment firms representing $9trn commit to supporting the goal of net zero greenhouse gas emissions by 2050 or sooner
Asset managers representing $9trn of assets under management (AUM) have signed the newly created Net Zero Asset Managers initiative to support global efforts in reducing greenhouse gas emissions.
Coinciding with the fifth anniversary of the Paris Climate Agreement (on 12 December), Fidelity International, AXA Investment Managers, Legal & General Investment Management, Schroders, BMO Global Asset Management, DWS and Robeco are among the 30 founding signatories for the new initiative, put in place by six investor networks including the Institutional Investors Group on Climate Change (IIGCC). ....

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