Latest ESG investing News

In war-torn states hurt by climate, scant hope for new funds

Nov. 22, 2022 01:22 AM EST

SHARM EL-SHEIKH, Egypt (AP) — In conflict-ravaged nations like Yemen and Somalia, devastating floods and droughts kill hundreds of people and uproot tens of thousands from their homes. These countries and many others in the Middle East and Africa have been plunged into turmoil and...

Idaho lawmakers working on additional 'ESG' legislation

Nov. 21, 2022 16:52 PM EST

BOISE, Idaho (AP) — Potential new laws intended to limit state investments or contracts with companies that factor in such things as climate change and workers’ rights into their business practices will likely be introduced in the upcoming legislative session, lawmakers said Monday. ...

Quote Box: Reaction to UN climate deal on historic fund

Nov. 20, 2022 02:55 AM EST

SHARM EL-SHEIKH, Egypt (AP) — The head of the Egyptian delegation praised the outcome of the summit and the deal on a fund for poor, vulnerable nations for the loss and damage caused by climate change. “People thought that (a deal on a loss and damage fund) was impossible and...

Success or COP-out: How do this year's climate talks rate?

Nov. 20, 2022 01:41 AM EST

SHARM EL-SHEIKH, Egypt (AP) — After two weeks of haggling, officials on Sunday cheered the end of this year's U.N. climate talks in Egypt, which resulted in the creation of a fund to help poor countries suffering under disasters driven by global warming. Expectations had been low...

Midway through UN climate talks, Egypt pushes to bridge gaps

Nov. 12, 2022 13:18 PM EST

SHARM EL-SHEIKH, Egypt (AP) — Egypt is pushing to bridge the gaps between negotiating parties at the United Nations’ climate conference as negotiators Saturday finalize draft deals as the first week of the summit wraps up in the seaside resort of Sharm el-Sheikh. Environment...

The Latest | UN Climate Summit

Nov. 09, 2022 13:07 PM EST

SHARM EL-SHEIKH, Egypt (AP) — The Latest on COP27, this year’s annual U.N. summit on climate change. The head of the U.N. Development Program warned Wednesday that many poor nations are struggling to raise the funds for tackling climate change because of the heavy burden of debt...

Live updates | Climate Summit

Nov. 07, 2022 16:08 PM EST

The Latest on COP27, this year's annual UN summit on climate change. SHARM EL-SHEIKH, Egypt — French President Emmanuel Macron said he discussed human rights with Egyptian President Abdel Fattah el-Sissi and hoped to soon get “results” in the form of a release of political...

Takeaways: Calls for reparations, emissions cuts at COP27

Nov. 07, 2022 14:38 PM EST

SHARM EL-SHEIKH, Egypt (AP) — The first full day of the year's most important summit on climate change, known as COP27, got underway on Monday with urgent calls by leaders to slash greenhouse gas emissions as the planet warms and severe weather events become more frequent and destructive. ...

Political spat over climate risks in investments gets hotter

Nov. 01, 2022 18:23 PM EDT

ST. PAUL, Minn. (AP) — The political fight is only getting fiercer over whether it’s financially wise or “woke” folly to consider a company’s impact on climate change, workers’ rights and other issues when making investments. Republicans from North Dakota to Texas are...

Saudi oil giant Aramco unveils $1.5B sustainability fund

Oct. 26, 2022 11:50 AM EDT

Saudi oil and gas company Aramco unveiled a $1.5 billion fund on Wednesday for sustainable investments, part of efforts to burnish the state-owned company's green credentials in an announcement ahead of the U.N. climate conference next month in Egypt. Aramco CEO Amin Nasser said at...