Investors that manage US$47tn demand world’s biggest polluters back plan for net-zero emissions

The voluntary guidelines, known as the climate measurement standards initiative, are designed to give banks and insurers consistent scientific advice on how to assess the risk of damage from events including bushfires, cyclones, floods, droughts and heatwaves.

Our definition of ‘success’ is holding business back—it’s time for a new one

Looking deeper into ourselves The third expansion of success is in looking deeper at what success really means for us as humans, and how companies can foster our humanity rather than diminish it. Psychologists, particularly Sonja Lyubormisky, have shown that happiness is a precursor to career success, rather than happiness coming from career success. But […]

Wall Street watchdog calls for carbon pricing, better prep for climate change

“Financial markets will only be able to channel resources efficiently to activities that reduce greenhouse gas emissions if an economy-wide price on carbon is in place at a level that reflects the true social cost of those emissions,” according to the report.

Climate change: Tax frequent fliers, get rid of SUVs, government told

What’s the reaction been?The MPs behind the assembly said the report “provides a unique insight into the thinking of an informed public to the trade-offs and changes required to help deliver on the objective that parliament has agreed”. They said: “Their work merits action.”

CSE calls for ‘green’ recovery action plan

United Nations General Assembly declared September 7 as the International Day of Clean Air for blue skies. The idea was to build awareness on clean air for health, productivity, economy and environment at all levels — individual, community, corporate and government. As the world marks the first such day on Monday, the Centre for Science […]

BoE’s Saunders expects more stimulus as UK economy stumbles

“It is possible that, both in the UK and globally, we will be living with COVID for much if not all of the three-year forecast period,” he said, adding there was no automatic time limit for the BoE’s huge stimulus programme.

VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 9

The representative of the MOIT’s Import-Export Department said Viet Nam has advantages in production and export of agricultural, forestry and aquatic products, while the EU has a large demand for these items that have accounted for 8.4 per cent of total annual import value. This shows great potential in export growth from Viet Nam to […]

VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 12

Deputy Minister of Agriculture and Rural Development Le Quoc Doanh notes that immediately after the Government issued a decree on the certification of fragrant rice varieties exported to the EU, the Ministry of Agriculture and Rural Development (MARD) also issued a decision to instruct local businesses on relevant procedures on the certification of fragrant rice […]

The world’s top suppliers of disposable gloves are thriving because of the pandemic. Their workers aren’t

That order sent Malaysia’s rubber glove industry into a frenzy. Malaysia’s Minister of Human Resources, M Kula Segaran, convened a town hall meeting with all the big rubber glove companies, including Top Glove, Kossan and Hartalega, according to minutes from the meeting provided to CNN Business. Kula promised the Employment Act would be amended to […]