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ESG Ratings Scores ‘Very Rarely’ Help, Norway Wealth Fund Says

Category: Business News

(Bloomberg)  The biggest owner of stocks in the world tends not to look at the headline numbers provided by ESG ratings firms, and says only by digging into the underlying data does it find the information needed to guide portfolio decisions. “We very rarely, if ever, use the ratings numbers,” said Patrick du Plessis, the […]

Source: Bloomberg


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Hydro to Produce First Near-Zero Carbon Aluminium in 2022

Category: Business News

In launching its new sustainability ambitions, Hydro has announced its intention to deliver its first commercial volumes of near-zero carbon aluminium in 2022. Hydro is also continuing its technology efforts toward an industrial scale pilot producing carbon-free aluminium by 2030. Read full article.

Source: Hydro


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U.S., Australia, Denmark, Norway to Curb Tech Exports to Human Rights Abusers

Business

Category: Government

WASHINGTON, Dec 10 (Reuters) – The White House announced on Friday that Australia, Denmark and Norway would join it in an effort to curb technology exports to governments that use the products for repression. The White House said last week it was forming the group to address “the misuse of certain dual-use technologies that can […]

Source: Reuters


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Lockheed Unveils Pared-Down F-35 Trainer With Same Software Capability But a 90% Reduced Footprint

Business

Category: Airline / Travel

ORLANDO, Fla. — Lockheed Martin has developed an F-35 trainer with less hardware that could see the U.S. and partner countries expand their training capacity for less cost. The company unveiled the F-35 Mission Rehearsal Trainer Lightning Integrated Training Environment, or MRT LITE, simulator at the annual Interservice/Industry Training, Simulation and Education Conference. The reveal follows about 18 […]

Source: Defense News


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Tesla Models Take Top Two Spots in New Car Sales in Norway

Business

Category: Automobile / Transport

Tesla’s Model Y and Model 3 were the most sold new cars in Norway last month, with the Volkswagen ID.4 rounding out the top three, according to the Information Council for Road Traffic. Electric vehicles made up about 74% of cars registered for the first time in November, while 17% were plug-in hybrids, the group said. 64% […]

Source: Bloomberg


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