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KUALA LUMPUR: Islamic finance has significant global growth potential in line with the growing worldwide movement towards environmental, social and corporate governance (ESG), given their commonalities.
Oil giant wants other firms to follow in its footsteps
NEW YORK: Several United States companies, including American Airlines Group Inc, General Motors and Microsoft Corp, have built on their commitment to clean energy by joining billionaire and Microsoft co-founder Bill Gates’ Breakthrough Energy programme.
JAKARTA: Even as Indonesia wins cautious praise from some green groups for ambitious plans to cut carbon emissions, the world's biggest exporter of thermal coal shows no sign of weaning itself off the polluting fuel any time soon.
LONDON: Royal Dutch Shell plans to start producing low-carbon jet fuel at scale by 2025, in an attempt to encourage the world's airlines to reduce greenhouse gas emissions.
Amid the Covid-19 pandemic, companies not only face a slowdown in economic activity but also need to hasten their digitalisation journey and ensure they are ESG-compliant. Some are restructuring to achieve this.
ENVIRONMENTAL, social and governance or ESG is growing in importance globally. A crucial part of this relates to renewable energy (RE) and its production, consumption and increasing importance being given to it by global investors.