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Net-zero: Consumers left in the dark as corporate plans fail to add up

Shopping

London, UKThomson Reuters Foundation Many top corporations with ambitious “net-zero” emissions pledges to tackle climate change lack a clear plan to achieve them, and are misleading consumers about how “carbon neutral” their products and services are, researchers warned on Monday. Taken together, net-zero pledges by 25 top global companies – from Amazon to Google – add up […]

Net-zero emissions targets adopted by one-fifth of world’s largest companies

Thomson Reuters Foundation One in five of the world’s 2,000 largest publicly listed companies have now committed to a “net-zero” emissions target to help tackle climate change, researchers said on Tuesday. The companies, representing nearly $US14 trillion in sales, have promised to cut their planet-heating emissions to net zero by mid-century – meaning they will […]

Profits from world’s seas dominated by 100 companies

Ocean Chinese fishing boats 2017

Thomson Reuters Foundation Just 100 companies account for most of the profits from the world’s seas, researchers said on Wednesday, calling on them to help save the oceans from over-fishing, rising temperatures and pollution. Together, the companies generated $US1.1 trillion in revenues in 2018, or about 60 per cent of the total, according to a […]

Pull investments from companies not committed to environment, Pope says

Pope Francis 8 October

Vatican CityReuters Pope Francis on Saturday urged people to pull investments from companies that are not committed to protecting the environment, adding his voice to calls for the economic model that emerges from the coronavirus pandemic to be a sustainable one. Francis spoke in a video message for an online event called “Countdown Global Launch, […]

Protests lead brands to speak out against racism. But will they act?

George Floyd mural

LondonThomson Reuters Foundation Major brands taking to social media to condemn racial inequalities have been challenged to back up their words with action to tackle a lack of black leadership in many firms and entrenched racial pay gaps in the United States. As protests against the death of an unarmed black man George Floyd at […]

UK firms urged to act on domestic abuse as female murder cases rise

London, UKThomson Reuters Foundation Companies were urged on Friday to offer a lifeline to workers suffering from domestic abuse after official data showed the number of women murdered in England and Wales rose by 10 per cent in a year to a 13-year high. The number of female murder or manslaughter victims rose to 241 […]

“Alarm bell” as top global firms score poorly on sexism and harassment

MeToo protest

LondonThomson Reuters Foundation Almost six out of 10 global companies do not have an anti-sexual harassment policy two years after #MeToo went viral, a survey found on Tuesday, noting controversies in US tech firms. With employees at Google, Facebook and Uber demanding action on sexual harassment, including a mass staff walk out at Google, the […]

World’s biggest firms foresee $US1 trillion climate cost hit

Climate change protest Brazil

LondonReuters More than 200 of the world’s largest listed companies forecast that climate change could cost them a combined total of almost $US1 trillion, with much of the pain due in the next five years, according to a report published on Tuesday. Even so, the findings by charity CDP suggested many companies still underestimated the […]