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Sustainable Business

Exclusive: Biden campaign tells miners it supports domestic production of EV metals

Joe Biden's campaign has privately told U.S. miners it would support boosting domestic production of metals used to make electric vehicles, solar panels and other products crucial to his climate plan, according to three sources familiar with the matter, in a boon for the mining industry.

Breakingviews - Hyundai is primed for a chaebol tune-up

Hyundai may finally be ready to tinker with its chaebol setup. The South Korean company warned of another $2.9 billion charge for engine troubles, but electric vehicles should propel its upcoming financial results. That would provide the necessary momentum for a broader restructuring.

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Moncler pledges carbon neutrality by 2021, recycling in new plan

Luxury puffer jacket maker Moncler committed on Thursday to making production sites carbon-neutral by 2021 and said it would start using from January certified recycled down, in a process requiring 70% less water than the traditional one.

EU says fossil fuel subsidies undermine its climate ambitions

A senior European Union official on Thursday urged member nations to stop subsiding fossil fuels responsible for greenhouse gases which are undermining the bloc's policies to tackle climate change.

Morgan Stanley unveils scholarship fund for Black colleges

Morgan Stanley said on Wednesday it will cover college expenses for 60 students at historically Black colleges and universities (HBCUs) in the banking industry's latest attempt to address racial injustice after the death of George Floyd.

HSBC, Australia's Queensland buy 'credits' to protect Great Barrier Reef

Australia's Queensland state and HSBC said on Thursday they will make a "world-first investment" to protect the world-heritage listed Great Barrier Reef which is suffering from extensive coral bleaching events.

Prada appoints diversity chief in bid to become more inclusive

Italian luxury group Prada said on Wednesday it had appointed Malika Savell its chief diversity, equity and inclusion officer for North America as it seeks to make the group more inclusive.

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2019 Thomson Reuters Sustainability Report

The Pathway to Leadership for Carbon Intensive Businesses

Executive Perspectives

This section combines expertise from Thomson Reuters and valued external Partners