ESG Crusade On Backburner As World Grapples With Energy Crisis

ESG Crusade On Backburner As World Grapples With Energy Crisis

The ESG investment momentum has run up against energy supply disruptions since the Russian invasion of Ukraine. As shareholders at the biggest energy companies are asked to vote—again—on various climate resolutions, many investors continue to call for more transparent and detailed plans for how firms intend to align with the Paris Agreement goals. Others, such … Read more

Ruble surges as Russia considers looser capital controls | Russia-Ukraine war News

The ruble’s rebound has left it more than 30 percent stronger against the dollar than it was before Russia invaded Ukraine. The ruble’s blistering rebound picked up pace on Monday, ratcheting up pressure on Russia to ease a key capital-flow control that’s underpinned the currency’s recovery. With the gains now threatening to hurt budget revenue … Read more

Russian diplomat to UN in Switzerland resigns over Ukraine war – National

A Russian diplomat at the country’s permanent mission at the United Nations in Geneva said on Monday he was leaving his post because of his disagreement with Moscow’s invasion of Ukraine, a rare political resignation over the war. Boris Bondarev, who identified himself on LinkedIn as a counselor at Russia’s permanent mission to the UN … Read more

Russian sentenced to life in Ukraine’s first war crimes trial

Russian soldier Sgt. Vadim Shishimarin appears at a sentencing hearing in Kyiv on May 23.Chris Furlong/Getty Images A captured Russian soldier who pleaded guilty to killing a civilian was sentenced by a Ukrainian court Monday to life in prison – the maximum – amid signs the Kremlin may, in turn, put on trial some of … Read more

Natural-gas prices under pressure from soaring US demand

An LNG tanker is guided by tug boats at the Cheniere Sabine Pass LNG export unit in Cameron Parish, La., on April 14, 2022.STAFF/Reuters US natural-gas prices have hit their highest level in 14 years as North American producers scramble to replenish supplies with demand soaring and storage levels declining. As Europe seeks to reduce … Read more

Ukraine rejects concessions as Russia attacks in east

Ukrainian President Volodymyr Zelensky is seen on a video at the Russia House, transformed into ‘Russian Warcrimes House’ and showing a picture exhibition documenting alleged war crimes committed by Russian troops in Ukraine, during the World Economic Forum annual meeting in Davos on May 22.FABRICE COFFRINI/AFP/Getty Images Ukraine ruled out a ceasefire or any territorial … Read more

Russia stops Finland gas flow over payments dispute

A photo taken on May 12, 2022 shows pipes at the Gasum plant in Raikkola, Finland.VESA MOILANEN/AFP/Getty Images Russia’s Gazprom on Saturday halted gas exports to neighboring Finland, the Finnish gas system operator said, the latest escalation of an energy payments dispute with Western nations. Gazprom Export has demanded that European countries pay for Russian … Read more

Canada, other nations stage walkout at APEC meeting over Russia’s war on Ukraine – National

Delegates from the United States and four other nations staged a walkout Saturday when a representative from Russia began his opening remarks at a meeting of trade ministers of the Asia-Pacific Economic Cooperation group in the Thai capital, officials said. A Japanese official said Japan’s Trade Minister Koichi Hagiuda and his counterparts from the US, … Read more

Zelensky struggles to gain support in African countries as Russian interests prevail

Malians demonstrate against France and in support of Russia on the 60th anniversary of the independence of the Republic of Mali in 1960, in Bamako, Mali, Sept. 22, 2020.The Associated Press Ukrainian President Volodymyr Zelensky called the chairman of the African Union early last month and asked if he could speak to African leaders to … Read more

Opinion: Waves of sanctions were supposed to crush the Russian economy, but it is still showing signs of resilience

Valves near a drilling rig at a gas processing facility on the Arctic Yamal peninsula, Russia, on May 21, 2019.MAXIM SHEMETOV/Reuters Near the start of the war, as the sanctions piled up, the Russian economy was thought to be doomed, possibly forcing President Vladimir Putin to sue for early peace. Almost three months later, there … Read more