Big companies backtrack on climate goals in bosses’ pay

Groups from UBS and HSBC to BP and Starbucks have changed targets in executives’ pay plans

Topics

FirstFT: Closure of London’s Heathrow airport leads to travel chaos

Also in today’s newsletter, European plan to replace US in Nato, and companies backtrack on climate goals in bosses’ pay
Financial Times - 8h
Supreme Court turns away bid to block state climate change lawsuits

A group of Republican-led states sought to block lawsuits brought by a group of Democratic-led states that seek to hold energy companies accountable for climate change.
CBS News - Mar. 10
HSBC and UBS expand India wealth management arms after IPO boom

Banks to offer bespoke services and cater to households outside big cities as record listings create new millionaires
Financial Times - 4d
From Southwest to BP, Elliott and other activists are shaking up companies again

Investors like billionaire Paul Singer have more money than ever to throw around, and they are making their presence felt on Wall Street and Main Street.
MarketWatch - Mar. 14
U.S. Energy Secretary Pledges to Reverse Focus on Climate Change

To applause from oil and gas executives, Chris Wright said natural gas was preferable to renewable energy and climate change was a “side effect of building the modern world.”
The New York Times - Mar. 11
Saudi Aramco and big oil is on ‘wrong side of history’, says John Kerry

Former US climate envoy says companies have been ‘intimidated’ by Trump presidency into dropping green targets
Financial Times - 6d
Greenpeace ordered to pay more than $660 million over Dakota Access Pipeline protests

A jury on Wednesday ordered environmental campaign group Greenpeace to pay more than $660 million in damages to Texas-based oil company Energy Transfer, the developer of the Dakota Access Pipeline.
NBC News - 1d
European stocks have crushed the U.S. — now a big bank is shifting its view

The year has started with a big rally for European stocks as the U.S. market struggles to remain above water. Now, HSBC strategists are changing their tune.
MarketWatch - Mar. 10
Greenpeace Is Ordered to Pay Energy Transfer, a Pipeline Company, $660 Million

The environmental group had said the lawsuit, over its role in a protest movement, could mean an end to its operations in the United States.
The New York Times - 1d

Big companies backtrack on climate goals in bosses’ pay

Topics

Related

FirstFT: Closure of London’s Heathrow airport leads to travel chaos

Supreme Court turns away bid to block state climate change lawsuits

HSBC and UBS expand India wealth management arms after IPO boom

From Southwest to BP, Elliott and other activists are shaking up companies again

U.S. Energy Secretary Pledges to Reverse Focus on Climate Change

Saudi Aramco and big oil is on ‘wrong side of history’, says John Kerry

Greenpeace ordered to pay more than $660 million over Dakota Access Pipeline protests

European stocks have crushed the U.S. — now a big bank is shifting its view

Greenpeace Is Ordered to Pay Energy Transfer, a Pipeline Company, $660 Million

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