Companies that care about climate change, need to care about their banking ...Middle East

News by : (The Hill) -
Climate scientists are increasingly unable to explain an unprecedented spike in global temperatures. Staid scientific institutions are using phrases like “off the charts” to describe just how hot the world’s oceans have become. The World Meteorological Society has announced that 2023 was the warmest year on record. Meanwhile, at a recent oil and gas conference in Houston, the head of the world’s largest oil company told a packed room that the world “should abandon the fantasy of phasing out oil and gas.” These are good reasons why the world should pay attention to a new report, out this week, that might just hold the secret to getting the U.S. financial industry to finally take the

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