ESG

In response to the invasion of Ukraine, major oil companies are panic pulling their interests out of Russia. Despite inevitable financial losses, BP, Shell, and other supermajors in the oil industry have joined the trend of corporate shunning. This may prove to be the catalyst for the accelerated decarbonisation of Europe. Europe is dependent on…

Airbus, a leader in the aviation industry, have recently announced a partnership with French hydrogen specialists Safron, and General Electric (GE), the US energy conglomerate. Hydrogen-based energy has taken the spotlight in the decarbonisation of air transport, and Airbus have begun to initiate a ‘green transformation’. This has been caused by increasingly stringent emissions regulations,…

The vegan food tech start-up Beyond Meat, known for its meat-like plant-based burgers, has become one of the most shorted companies on the US stock exchange. Currently nearly 40% of its shares are being held by investors betting on the price to fall, suggesting scepticism about the true value of the company. Plant-based foods have…

There has been growing pressure to transform the automobile industry in recent years. Legislature in the industry has been growing rapidly, with lawmakers taking a particular focus on carbon emissions. Manufacturers are required to reduce emissions through the manufacturing process as well as the emissions of the vehicle themselves. The value chain of car manufacturing…

Jim Ratcliffe, CEO of INEOS, a British multinational petrochemicals company, has bought or become lead sponsor of multiple sports teams, including Mercedes Formula 1, Team INEOS Cycling, Breaking 2, New Zealand Rugby ‘Teams in Black’ and Team INEOS America’s cup. From an outside perspective, a chemicals company dedicating almost 500 million GBP in sports would…

Just weeks ago, Royal Dutch Shell (Shell) announced promises to reduce absolute emissions under operative control by 50% by 2030. In doing so, Shell is pushing back against activist investor pressure to divide the company into separate fossil fuel and clean-energy focused businesses. The board argues that by maintaining unity, cash flow from the legacy…

Despite Lithium being the lightest metal, it is perhaps the one with the heaviest impact on the environmental revolution. Once extracted and processed from ionic minerals in the earth’s crust, it is an important raw material for many batteries, with the ceramic, glass and pharmaceutical industries also utilising its unique properties. Lithium has seen a…

Over the past two weeks at the 26th Convention of Parties conference (COP26) in Glasgow, the International Financial Reporting Standards (IFRS) Foundation Trustees announced the creation of the International Sustainability Standards Board (ISSB). The Trustees confirmed that they are in advanced stages in appointing the Chair and vice-Chair to the Board. This has been long…