This article is an on-site version of our Moral Money newsletter. Sign up here to get the newsletter sent straight to your inbox. Visit our Moral Money hub for all the latest ESG news, opinion and analysis from around the FT Greetings from New York where summer is almost over, and preparations are heating up…
Read more
Chinese authorities have stepped up emergency measures to deal with extreme heat and a crippling drought in the south-west of the country that has forced cities to dim lights and left electric vehicle drivers struggling to recharge cars. A record months-long heatwave, with temperatures reaching a high of 43.4C in Chengdu on Sunday, has emptied…
Read more
Apple employees are pushing back against the iPhone maker’s call for workers to return to the office next month, and major droughts across the globe are having a significant impact on everything from agriculture to tech. Plus, the FT’s Sam Agini explains what a potential deal for Manchester United would mean for the football club.…
Read more
Europe will struggle to meet its ambitious targets for green hydrogen and reduce its dependence on Russian gas unless it can match the lead of the US set by its new climate subsidies package, says the executive leading the clean energy business of Australian billionaire Andrew Forrest. Mark Hutchinson, the recently-appointed head of Fortescue Future…
Read more
Financial institutions that signed up to Mark Carney’s industry alliance to tackle climate change could be kicked out for failing to hit targets by a new independent panel, under plans set to be made public this year. Beefed-up checks by the UN on whether finance groups meet new criteria on ending coal financing and phasing…
Read more
Cody Campbell calls his rapid rise in America’s hardscrabble oil patch a “wild ride”. Little more than a decade ago, when Campbell was in his late 20s, he was looking for his next act. Injury had cut short a brief professional American football career and the 2008 housing crisis had driven him out of the…
Read more
Waking up in the cool of the morning in a wood near Reading, southern England, with the first rays of dawn streaming through his bivouac and a crick in his neck, Steve Waygood could be forgiven for thinking he’d signed up to the wrong course. But this is “experiential learning” in the raw: an increasingly…
Read more
The writer is former French minister of labour and ex-ambassador to the OECD Drying rivers, burning forests, record temperatures — this summer has offered multiple reminders of the sheer scale of the planetary climate crisis. People are suffering and calling for action. Unfortunately, most governments around the world have been trying to deal with this…
Read more
Factories grinding to a halt, crops devastated, cargo ships forced to carry smaller loads and millions facing a risk of blackouts — these are just some of the drastic consequences of record low river levels during droughts that are gripping the US, Europe and now China. In the US, the historic lows in water levels…
Read more
When one of the UK’s most senior climate officials finds it difficult to buy a heat pump, the prospect for anyone else trying to cut their household emissions looks bleak. John Gummer, also known as Lord Deben, head of the UK government’s climate advisory group, last month lamented the difficulty of buying one of the…
Read more