Sustainability
LATEST NEWS FROM SUSTAINABILITY
Sustainability
Citigroup must face $1 billion lawsuit claiming it aided Mexican oil company fraud
Citigroup must face a revived lawsuit claiming it caused more than $1 billion of losses by orchestrating and concealing a vast fraud at the now-bankrupt Mexican oil and gas service...
Sustainability
Exxon agrees to supply Japan's Marubeni with low-carbon ammonia
Exxon Mobil has signed a long-term agreement to supply 250,000 metric tons of low-carbon ammonia annually to Japanese trading house Marubeni , the U.S. oil producer said on Wednesd...
Sustainability
CrowdStrike to lay off 5% of staff, reaffirms forecasts
CrowdStrike reiterated its fiscal 2026 first quarter and annual forecasts on Wednesday and announced a plan to cut about 500 roles, roughly 5% of its workforce, to streamline opera...
Sustainability
Sustainable Switch: States sue over Trump’s ESG rollbacks
Today's extract of the Sustainable Switch newsletter focuses on the mounting legal and political challenges against U.S. President Donald Trump as he targets climate action, clean ...
Sustainability
South Africa's DA party challenges new racial equity law in court
South Africa's Democratic Alliance party went to court on Tuesday to challenge new employment equity legislation which sets out numerical targets for the number of non-white people...
Sustainability
Major automakers want Congress to bar California 2035 electric vehicle plan
Major automakers want Congress to bar California's landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11 other states, warning the rules could...
Sustainability
WTO rejects EU claims in intellectual property dispute with China
A World Trade Organization panel rejected on Thursday the European Union's claims that China had violated the global watchdog's rules on intellectual property.
Sustainability
DOJ probing Disney-FuboTV deal over competition concerns, Bloomberg News reports
Officials at the U.S. Department of Justice are probing Disney's deal to take a controlling stake in streaming company FuboTV , Bloomberg News reported on Wednesday, citing people ...
Sustainability
Panama President Mulino rules out new mining contract to resolve Cobre Panama dispute
Panama will not offer new mining contract to resolve the Cobre Panama dispute and is still undecided regarding the way forward for the future of the mine, Panama President Jose Rau...
Sustainability
French media companies sue Meta over business practices
French media companies, including TF1 , France TV and BFM TV, are suing Facebook owner Meta over what they say are unlawful business practices, law firms representing them said.
Sustainability
Funds get in front of their proxy ballots
Most asset managers don't say how they plan to vote at corporate annual meetings. That leaves activists with small share holdings but big social agendas to do much of the pre-meeti...
Sustainability
Tesla settles wrongful death lawsuit claiming sudden acceleration in Ohio crash
Elon Musk’s electric vehicle company Tesla has agreed to settle a wrongful death lawsuit filed by the estate of a man who was killed in 2021 after his Tesla crashed and caught fire...
Sustainability
FTC accuses Uber of misleading subscribers
The U.S. Federal Trade Commission on Monday sued Uber Technologies , accusing it of signing up some Uber One subscribers without their knowledge and making deceptive claims about t...
Sustainability
Walgreens to pay $300 million in US opioid settlement
Walgreens has agreed to pay $300 million to settle U.S. prosecutors' allegations that it illegally filled millions of invalid prescriptions for opioids and other controlled substan...
Sustainability
Trump to fast-track permitting for 10 mining projects across US
The White House on Friday said it will fast-track permitting for 10 mining projects across the United States as part of President Donald Trump's push to expand critical minerals pr...
Sustainability
Bhutan turns to 'green' cryptocurrency to fuel economy
The Himalayan nation of Bhutan is exploring ways to mine and leverage green cryptocurrencies using hydropower to boost its economy and create jobs to reduce brain drain, the chief ...
Sustainability
EU eases deforestation law reporting for companies
Companies will need less paperwork to comply with the European Union's anti-deforestation law as of December when it kicks in with changes by the European Commission.
Sustainability
Brazil to hold preliminary talks ahead of COP30 climate summit
Brazil has scheduled the preliminary round of negotiations that help countries prepare for the global climate summit, known as COP30, for October, roughly a month before the main e...
Sustainability