[ad_1] LONDON – The Science Based Targets initiative (SBTi) has published an initial draft of its revised Corporate Net-Zero Standard for public consultation – including the use of carbon credits to offset supply chain emissions.Around 1,500 companies have their climate targets approved in line with the standard, launched in 2021, which the SBTi is looking to update to align corporate climate action with the latest science and best practices. [ad_2] Source link
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[ad_1] Image source: Getty Images After years of struggle, BT (LSE: BT.A) shares are suddenly performing like a monster growth stock. I’m pleased but also frustrated. I wrote about it again and again last year, summoning up the courage to buy what was a troubled recovery play with an uncertain future. Then bottled it. Well, now the future’s arrived (or at least, the last 12 months of it), and it’s bright. The shares have rocketed 55% over the last year, and the momentum continues, with another 10% jump in the last month alone. And that’s happening in a volatile market,…
[ad_1] (Bloomberg) — Indonesia’s central bank kept its key interest rate unchanged for a second straight month, seeking to safeguard the rupiah after concerns about the economy’s outlook triggered a market selloff this week. Most Read from Bloomberg Bank Indonesia kept the BI-Rate at 5.75% on Wednesday as predicted by most of the economists in a Bloomberg News survey. The central bank also maintained its growth and inflation forecasts for this year, and said the rupiah is expected to stabilize in coming weeks. “While there is still room for interest rate cuts, global conditions have yet to allow it,” Governor…
[ad_1] Image source: Getty Images The BP (LSE:BP) share price has been volatile in 2025, influenced by strategic shifts, geopolitical factors, and activist investor involvement. So here’s a breakdown of the key developments. Activist pressure and a new strategy Activist hedge fund Elliott Management acquired a significant stake in BP in early February. The group’s pushing for strategic changes to unlock shareholder value. This has led to a 6.5% surge in BP’s shares, as investors anticipate a refocus on oil and gas production, similar to Shell’s strategy. However, BP’s already announced a fundamental reset to its strategy, slashing investments in…
[ad_1] Image source: Getty Images Legal & General (LSE: LGEN) shares are on fire. Or so it seems, judging by their impressive 55% jump over the last five years. Since I hold the shares I’m thrilled to see that, but also suspicious. So I checked the last piece I penned on the FTSE 100 insurer and asset manager on 8 March and found the five-year return was a mere 2.8%. That’s quite a difference over 12 days! Then I got it. Five years ago, global stock markets were in turmoil, amid the first pandemic lockdowns. That means today’s metrics start…
[ad_1] In recent years, a trend has emerged across the UK where nearly one in eight Britons now have private medical insurance. Yahoo Finance UK spoke to LifeSearch CEO Debbie Kennedy to shed light on what is driving this growing reliance on private healthcare. With NHS waiting lists stretching into months and families increasingly anxious about timely access to medical services, Kennedy explains that many are turning to private insurance not just as a safety net for hospital treatment, but as a proactive way to ensure quicker access to primary care, diagnostics and even mental health services. Kennedy highlighted some…
[ad_1] Image source: Getty Images As the new tax year rapidly approaches, many UK investors will be considering how to allocate assets in their Stocks and Shares ISA.Taking into consideration the multi-faceting geopolitical storm that’s brewing, a delicate approach may be the best option. After a good start to the year, the US trade war has thrown a spanner in the works. This adds to an already fraught economy hit by conflicts in Ukraine and the Middle East. The result is widespread fear and uncertainty, leading to volatility in markets. Such an environment requires a more cautious approach. Please note…
[ad_1] The Bank of England in London on Feb. 12, 2024.Henry Nicholls | Afp | Getty ImagesThe Bank of England is widely expected to hold interest rates when it meets on Thursday, as the U.K. faces economic headwinds both at home and abroad.The central bank is highly likely to keep its benchmark interest rate at 4.5% at its March meeting, given the unpredictability of President Donald Trump’s trade tariffs and a fledgling global trade war, and how those factors could affect inflation in the U.K.The BOE is also convening as the U.K economy shows signs of stalling, with monthly growth…
[ad_1] Image source: Getty Images The stock market can be a great place to turn excess savings into a second income. And the best bit about being an investor is that it doesn’t involve any work. According to the Pensions and Lifetime Savings Association, a single person needs just over £43,00 a year to retire comfortably. But is a mighty £500,000 savings pot enough to generate that kind of cash? Dividends Right now, the FTSE 100 as a whole has a dividend yield of 3.5%, so a £500,000 investment today would return £17,500. That’s not enough to generate a £43,000…
[ad_1] Image source: Getty Images Aviva (LSE: AV) shares are trading around their highest level since May 2018. This follows a 25% rise from their 16 April 12-month low of £4.49. Such strength in its share price is a relatively new experience for me. I bought the stock a while back for its 7%+ dividend – the minimum requirement for my passive income-oriented holdings. During much of that time, Aviva struggled to break and hold above the key £5 level. A stock’s yield is inversely related to its price, given the same annual dividend. So this lack of share price…