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Heavyweight investors demand more disclosure of environmental risks

Amazon, Facebook, Tesla and Berkshire Hathaway are failing to report data on climate change to their shareholders, according to a coalition of heavyweight investors, which is demanding that 1,320 companies should make clearer disclosures about environmental risks. Fears that climate change will result in catastrophic environmental damage are fuelling demands by institutional investors and regulators for companies to accelerate their efforts…
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admin 21 June 2021 0

Ikea and Rockefeller foundations in $10bn clean energy push

The Ikea and Rockefeller foundations are making their biggest ever investments to start a fund they hope can finance more than $10bn of small-scale renewable power projects to try to lift more than 1bn people out of energy poverty. Each foundation will provide $500m of risk capital and they hope to attract $10bn of additional…
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admin 21 June 2021 0

Esther Duflo and Abhijit Banerjee: ‘Ours is a social science’

This is part of a series, ‘Economists Exchange’, featuring conversations between top FT commentators and leading economists about coronavirus economic recovery John Maynard Keynes said economics should be likened to dentistry. Esther Duflo and Abhijit Banerjee use another metaphor: the economist as plumber. In lectures and books, the wife-and-husband team, both professors at MIT, have…
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admin 21 June 2021 0

Covid gives Japan ‘last chance’ to reverse digital defeat

Each day, dozens of residents in Tokyo’s Setagaya district visit an office to sign up for a My Number identification card. Officials take each visitor’s photo, make copies of their existing ID documents and ask them to write down four passwords. The information is sent back to the local government and it can take months…
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admin 20 June 2021 0

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