A failing governance structure propagated by a management without a strategy for the energy transition was behind Engine No. 1's quest to bring independence to ExxonMobil's board, Chris James, founder of the U.S. hedge fund told Reuters.
Philip Morris will reach its target of 50% sales from smoke-free products by 2025 through organic revenue growth rather than mergers and acquisitions, its CEO told Reuters.
Global labour shortages and poor treatment of migrant workers exacerbated by the pandemic should be a wake up call for governments to treat their foreign workforce fairly instead of viewing them as "occupiers", activists said on Thursday.
Innovative financing tools provide a route to ensuring that commitments made at the COP26 climate summit are converted to action as Egypt plans for the follow-up event next year, the country's international cooperation minister said.