In the energy sector, ESG investors often focus on the “E” ; largely sidestep the “S” , and completely ignore the “G” . In many cases, green trumps, or even obscures, murkiness. Iberdrola, the European utility that’s a champion in renewables, is a case in point.
The probe is part of a broad scandal involving other blue-chip Spanish companies. According to investigators, several companies — including Iberdrola — allegedly hired a firm owned by a former senior police officer to spy on rivals and their executives. The investigation is still in its preliminary stages. Iberdrola strongly denies the charges, arguing that hiring the former cop was part of normal business and all payments were for proper services.
That may change as the criminal probe starts to affect the company’s ability to grow in a key market. Iberdrola is trying to expand aggressively in the US but its most recent attempt — buying a New Mexico-based utility called PNM Resources for more than $8bn, including debt — failed when regulators blocked the deal citing the probe in Spain, among other factors.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US talks to energy firms in event of Russia-Ukraine conflictState department makes contingency plans in case supply is disrupted I never thought of meeting a legit bitcoin trader after been scammed many times at my age but the heavens sent williamchurch09 guided me and help me make a living through bitcoin with my coinbase app, I recommend you to meet him now and also be a beneficiary of good work
Source: BDliveSA - 🏆 12. / 63 Read more »
US talks to energy firms in event of Russia-Ukraine conflictState department makes contingency plans in case supply is disrupted I never thought of meeting a legit bitcoin trader after been scammed many times at my age but the heavens sent williamchurch09 guided me and help me make a living through bitcoin with my coinbase app, I recommend you to meet him now and also be a beneficiary of good work
Source: BDliveSA - 🏆 12. / 63 Read more »
Risk of dying from Covid may be increased by a genePolish scientists discover gene that may be an important factor determining the severity of illness I have been very fruitful ever since I have been investing with williamchurch09 . contacted Mr William after series of testimonies i saw online, i took courage and started investing with him. I have made my third withdrawal which are ten times the initial investment. I never thought of meeting a legit bitcoin trader after been scammed many times at my age but the heavens sent williamchurch09 guided me and help me make a living through bitcoin with my coinbase app, I recommend you to meet him now and also be a beneficiary of good work
Source: BDliveSA - 🏆 12. / 63 Read more »
Gen Z investors are ditching meme stocks for the metaverseYoungsters are shifting their focus to electric vehicle start-ups and NFT companies
Source: SundayTimesZA - 🏆 47. / 51 Read more »
Supply-chain issues add to woes of small US businessesPeriodic staffing shortages and fewer customers also hurt small firms amid Omicron wave I have been very fruitful ever since I have been investing with williamchurch09 . contacted Mr William after series of testimonies i saw online, i took courage and started investing with him. I have made my third withdrawal which are ten times the initial investment. I never thought of meeting a legit bitcoin trader after been scammed many times at my age but the heavens sent williamchurch09 guided me and help me make a living through bitcoin with my coinbase app, I recommend you to meet him now and also be a beneficiary of good work
Source: BDliveSA - 🏆 12. / 63 Read more »
BlackRock’s Fink defends push to focus on more than profitsAsset manager calls on other CEOs to take account of issues like climate change
Source: BDliveSA - 🏆 12. / 63 Read more »