These companies manage assets worth $16tn

It notes the policy will exclude around 400 businesses with plans to expand coal plants and mines

More than 100 multinationals have now pledged to generate 100% of their energy from renewable sources. The Climate Group’s RE100 initiative has reached its 100 members as paints and coatings giant AkzoNobel, French financial firm AXA, fashion brand Burberry and Carlsberg Group made their commitments. The former company aims to become carbon neutral and use […]

Investment and insurance firm AXA Group has announced it will sell off its €0.5 billion (£0.3bn) investment in coal companies. AXA said it would stop investing in mining companies that derive more than 50% of their turnover from coal mining and electric utilities that source more than 50% of their energy from thermal coal plants as part of its […]

An influential businesses group today urged Chancellor George Osborne to set out a comprehensive green growth strategy in next month’s Budget. This, argues the Aldersgate Group, would help reduce the budget deficit and drive a dynamic economic recovery by increasing output and creating jobs. The group includes bosses from Pepsi, The Co-operative Group, Merrill Lynch […]