Issue link: https://maltatoday.uberflip.com/i/1436376
Name Current Change %Change Open High Low Prev. Value Close US MARKETS NASDAQ (Dec 07) 15,686.92 461.77 3.03 15510.91 15720.09 15507.66 15225.15 EUROPEAN MARKETS FTSE (Dec 08) 7,368.98 29.08 0.40 7339.90 7378.92 7339.68 7339.90 CAC (Dec 08) 7,091.91 26.52 0.38 7064.12 7104.06 7062.09 7065.39 DAX (Dec 08) 15,802.94 -11.00 -0.07 15781.05 15834.04 15763.73 15813.94 ASIAN MARKETS SGX NIFTY (Dec 08) 17,512.00 301.00 1.75 17214.50 17514.50 17205.50 17211.00 225 NIKKEI 225 (Dec 08) 28,860.62 405.02 1.42 28792.89 28897.44 28621.47 28455.60 STRAITS TIMES (Dec 08) 3,131.29 -3.37 -0.11 3138.20 3140.75 3124.31 3134.66 HANG SENG (Dec 08) 23,996.87 13.21 0.06 24090.02 24097.98 23907.30 23983.66 TAIWAN WGHTD (Dec 08) 17,832.42 35.50 0.20 17845.06 17988.88 17832.42 17796.92 KOSPI (Dec 08) 3,001.80 10.08 0.34 3017.93 3036.13 2995.34 2991.72 SET COMPOSITE (Dec 08) 1,621.01 11.73 0.73 1617.09 1621.02 1610.30 1609.28 JAKARTA COMP (Dec 08) 6,603.80 1.23 0.02 6618.76 6632.94 6584.97 6602.57 SHANGHAI COMP (Dec 08) 3,637.57 42.48 1.18 3602.82 3637.72 3591.99 3595.09 9.12.2021 7 INTERNATIONAL MARKETS International Markets Global Indices Trading Date: 1 December 2021 Six e-commerce giants short on clean air commitments, study finds SIX major e-commerce and delivery giants — Amazon, Wal- mart, Flipkart, UPS, DHL, and FedEx — have been found to be falling short on clean air and climate commitments, a new worldwide report titled 'Parcel Delivery on a Warming Planet' has revealed. e study conducted by the Centre for Research on Mul- tinational Corporations (Stichting Onderzoek Multinationale Ondernemingen or SOMO), a Dutch research agency, was commissioned by Stand Earth and environmental think-tank ASAR. e SOMO report titled 'Parcel Delivery on a Warm- ing Planet' revealed that the retail firms reviewed for the anal- ysis have failed to establish aggressive plans to decarbonise in accordance with the 1.5-degree goal. Despite admitting the climate catastrophe and the impact of last-mile delivery, these delivery and retail giants failed to of- fer sufficient statistics on the initiatives they have undertaken or the progress they have made on the same. Only one com- pany – Walmart -- revealed plans to completely eliminate all emissions from its operations by 2040. Ilona Hartlief, a researcher at SOMO, said: "Most compa- nies are currently only starting the rollout of their fleet elec- trification and will need to accelerate and upscale their efforts in order to achieve their own climate goals and realise sustain- able last-mile delivery." Meanwhile, Flipkart (by 2030) and Fedex (by 2040) have established worldwide targets for converting their last-mile delivery fleets to electric vehicles, while DHL has set a 60 per- cent electrification target for its fleet. Amazon, on the other hand, has announced a partly net-zero fleet emissions objec- tive, but UPS has no specific fleet-related emissions target, the SOMO report found. e report further points out that companies such as Flip- kart and Amazon have announced that they would have 2,000 and 1,800 electric vehicles in their fleets by 2021, respectively, but do not specify how this relates to the overall size of their fleets. Walmart has only reported on pilot programmes and hasn't provided any data on the current use of electric vehicles on a broader scale. In the next five to 10 years, several companies have set am- bitious targets to acquire electric vehicles (e.g., Amazon, Flip- kart, Deutsche Post, DHL Group, UPS). Given the limited size of their present electric vehicle fleets and the predicted devel- opment of the global package delivery sector, the majority of the six firms profiled in this research will need to significant- ly accelerate their efforts to meet their fleet electrification or emissions objectives, the report flagged. ese findings are of significance in light of the recently con- cluded international conference on climate change (COP26), where India committed to achieving an ambitious target of net zero emissions by 2070. SOMO report reveals that the retail firms have failed to establish aggressive plans to decarbonise