Environmental News For The Week Ending 09 May 2019
This is a collection of interesting news articles about the environment and related topics published last week. This is usually a Tuesday evening regular post at
GEI (but can be posted at other times).
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Note: Because of the high volume of news regarding the coronavirus outbreak, that news has been published separately:
Major coronavirus metrics continue to head lower in the US, and now also globally. New cases in the US during the week ending May 8th were down 18.6% from new cases during the week ending May 1st, and are now down 83.3% from the January peak; this week also saw fewer new cases than any week since September. This week s US deaths attributed to Covid were 6.8% lower than the prior week s, and down 80.5% from the January high; US Covid deaths are now at the lowest rate since since the second week of July.
Indonesia auto sales jump 903per cent year on year in April Toggle share menu
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Indonesia auto sales jump 903per cent year on year in April Indonesian car sales jumped 902.9per cent in April from a year ago, showing sales have started to return to pre-pandemic levels, auto distributor Astra International said on Tuesday, citing industry data.
FILE PHOTO: A security officer rides a motorbike as he patrols past new cars parked at the IPC Car Terminal in Jakarta, February 11, 2021 in this photo taken by Antara Foto. Antara Foto/Aprillio Akbar/ via REUTERS
11 May 2021 06:01PM Share this content
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JAKARTA: Indonesian car sales jumped 902.9per cent in April from a year ago, showing sales have started to return to pre-pandemic levels, auto distributor Astra International said on Tuesday, citing industry data.
Indonesian telco operator Telkomsel invests $300m more in Gojek
May 10, 2021
Indonesia’s leading digital telecom operator Telkomsel has invested an additional sum of $300 million in homegrown ride-hailing major Gojek, according to a press statement.
Telkomsel had invested $150 million in Gojek in November 2020.
This investment builds on the existing collaboration between Telkomsel and Gojek and will open up new synergies as the two companies scale up digital services and deliver new solutions, the companies said in a statement.
Telkomsel CEO Setyanto Hantoro said the new investment will strengthen its digital business and open more opportunities for partnership. “As a digital telco company, we continue to develop sustainably by developing the digital industry in Indonesia.”
by Tyler Durden
Wednesday, May 05, 2021 - 08:10 PM
BlackRock made a big stink about Warren Buffett s resistance to a pair of shareholder proposals to mandate ESG and diversity reporting standards across Berkshire Hathaway s vast business holdings. Buffett ultimately prevailed, as he has in past years, but the backlash this year was more vocal,
with a team of Reuters reporters writing that Buffett s ESG snub risks alienating Wall Street.
While some insist that ESG is the way of the future, others contend that it s more of a fad. Some purveyors of tradeable carbon credits have been accused of selling worthless offsets, revealing that the system is actually pretty complicated, and auditing whether these credits are actually behaving as advertised could be a resource-intense endeavor.
BlackRock has blamed the ESG inconsistency on Indonesian palm oil
BlackRock has been accused of inconsistency in its approach to sustainable investment, with Procter & Gamble backing a shareholder protest against the supply of palm oil.
The largest investment group in the world ambitious commitments Environmental, social and governance regulations were introduced in October investor revolt in P&G stretching wood pulp and palm oil supply chain of the stretching consumer goods group He entered Indonesia.
P&G has asked its Singapore supplier Wilmar International to investigate Astra Agro Lesta, a subsidiary of Indonesia’s conglomerate Astra International, an oil company that has accused local farmers of hijacking land among other bad environmental standards.