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German companies underestimate climate risks

A new study by KPMG and VDMA shows that German companies do not yet possess a holistic climate risk management system. They are also planning high investments and see additional business potential.

By Nicolas Heronymus

INDIA-POWER-COAL A general view of the coal-fired thermal Power Plant of National Thermal Power Corporation NTPC, at Dadri in Gautam Budh Nagar district, Uttar Pradesh, India on May 5, 2022. Amid the rampant rise in power demand due to the prevailing heatwave, India is staring at a coal crisis, with stock critically low at 108 of its 173 thermal power plants. The power cuts are sparking scrutiny of countrys long reliance on coal, which is responsible for about 70% of India s electricity generation. Dadri India PUBLICATIONxNOTxINxFRA Copyright: xMayankxMakhijax originalFilename: makhija-notitle220505_np8PU.jpg

Report: At least 7,200 lobbyists since COP9

New findings from "Kick Big Polluters Out" show that large companies such as BP and Petrobras have attended climate conferences in recent years. The data raises questions about transparency and independence.

By Nico Beckert