CEOs ignoring climate change amounts to ‘malpractice,’ environmentalist Fred Krupp says

Environmental Defense Fund President Fred Krupp issued a warning to CEOs: Ignore climate change at your own peril.

“I would say, in any sector, if a CEO isn’t thinking about this, it’s malpractice,” Krupp recently told Yahoo Finance’s editor-in-chief Andy Serwer (video above).

He explained that good corporate leaders have always looked ahead to major transformations in the economy, and that is certainly the case with climate change as the world looks to decouple growth from carbon-intensive energy sources.

“This transition to clean energy is going to make the whole explosion of the internet look like a kid’s lemonade stand,”

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White House to tackle cyber challenges with Apple, IBM, insurance CEOs

WASHINGTON, Aug 24 (Reuters) – The White House is hosting an event on Wednesday that will bring together the largest U.S. technology companies for a discussion about cybersecurity challenges following a raft of high-profile hacking incidents earlier this year, people familiar with the event told Reuters.

It comes as Congress weighs new legislation concerning data breach notification laws and cybersecurity insurance industry regulation, historically viewed as two of the most consequential policy areas within the field.

The guest list includes Inc (AMZN.O) CEO Andy Jassy, Apple Inc (AAPL.O) CEO Tim Cook, Microsoft Corp (MSFT.O) CEO Satya Nadella, Google (GOOGL.O)

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FM to meet CEOs of PSBs on August 25 to review financial performance

Finance Minister Nirmala is scheduled to meet heads of public sector banks (PSBs) on August 25 to review financial performance of the lenders and progress made by them to support the economy battered by COVID-19 pandemic.

Given the importance of the banking sector in generating demand and boosting consumption, sources said the meeting with the MD and CEOs of PSBs is considered important.

Recently, the Finance Minister said the government is ready to do everything required to revive and support economic growth hit by the COVID-19 pandemic.

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