Responsible Investment News

Bloomberg 'Good Business' - a weekly guide to sustainable finance

Chevron vowed to cut greenhouse gas emissions in alignment with the Paris climate accord, potentially averting a shareholder rebellion at its annual general meeting, write Bloomberg's Kevin Crowley and Eric Roston. The U.S. oil major pledged to reduce air pollution intensity by 25 to 30 percent by 2023 and said that metric will also be a factor in determining employee bonuses. 

California's plan to require rooftop solar on all new homes is looking prescient after PG&E warned many more customers could see their electricity shut off in the future as part of the utility's wildfire season safety plan. Los Angeles is also trying to speed up its switch to renewables, ditching a plan to spend billions rebuilding three natural gas-fired power plants.

Bill and Melinda Gates warned in their annual letter that "data can be sexist." While data usually leads to better decisions it is often missing for women and girls, they said.

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