Hermes was one of the first big asset management companies to consistently warn of the risk to business of a warming world. Its message has only gotten stronger since.

Companies not adapting to a low carbon economy are at risk of being left with stranded assets, Hermes says in its Carbon Report 2018. And those with high scores in environmental governance provide better financial returns, the data reveals. Investor concern about climate change has the power to unite rather than divide society, states CEO Saker Nusseibeh.

When Michael Goggin and Rob Gramlich team up on reforming wholesale electricity markets, the result is bound to be good. It would be hard to find a duo with more experience in communicating the complexities of electricity market design.

Sweeping changes in fuel costs, technology and computing make it imperative to redesign markets if reliable and affordable electricity in the US is to continue, the report finds. Growing proportions of renewables only add to the urgency. A table of recommendations for energy, capacity and reliability services markets is the key takeaway.

The membership of the group of RE100 companies committed to powering their businesses with renewable energy now represent 5% of global GDP, reveals the most recent RE100 Progress and Insights report.

Of the 155 member companies, including Google, Coca-Cola, BMW, and IKEA, 37 already get 95% of their electricity from renewable sources. The RE base is now growing outside Europe and North America. Its reach extends to 140 markets. Ten Japanese companies were among the 37 to become members in 2018.