As BP pays out billions in compensation to those affected by the Gulf of Mexico oil slick, Paul Suff reminds businesses that the damage to reputations from such incidents can be more harmful than their financial costsThe £4.9 billion out-of-court settlement between BP and the businesses and individuals aff ected by the 2010 Deepwater Horizon oil spill makes a sizeable hole in the £12.6 billion trust set up by the
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The UK's National Drought Group (NDG) has this week agreed measures to manage the current drought and minimise risks for next year, with businesses now facing a “new normal” for water.
Investors managing $9.8trn (£8trn) in assets have joined a new campaign urging 72 of the world’s biggest corporate water users and polluters to value and act on water as a financial risk.
The Environment Agency has successfully prosecuted Southern Water for thousands of illegal raw sewage discharges that polluted rivers and coastal waters in Kent, resulting in a record £90m fine.
In Elliott-Smith v Secretary of State for Business, Energy and Industrial Strategy, the claimant applied for judicial review of the legality of the defendants’ joint decision to create the UK Emissions Trading Scheme (UK ETS) as a substitute for UK participation in the EU Emissions Trading Scheme (EU ETS).