New rules to report climate risks, why the pensions gender gap starts in childhood, governance for smart cities and bird species under threat. Our round-up of provoking thoughts, penetrating insights and digital curiosities….
British companies will have two years to come up with rules for reporting climate risks – before regulators impose their own compulsory ones. The new plans are part of moves by the Bank of England to ensure firms can cope in the event of a climate emergency, the Guardian reports. This will also help companies understand how they are contributing to the problem and give investors greater insight into their activities, it said.
The pensions gender gap starts in childhood, new research has found. Data from the UK tax office gathered by broker Hargreaves Lansdown showed that parents and grandparents were more likely to save into pensions for boys than for girls. This is of particular concern as women tend to save less into pensions themselves, as they are more likely to earn less or take time out to look after a family.
Smart cities can use technology to help combat the effects of climate change – but without proper governance, this technology could pose a risk to privacy and security. So a global alliance of 15 cities and organisations will design and roll out standards for the responsible use of smart city technologies, the World Economic Forum announced.
Two thirds of all bird species in North America are under threat of extinction from climate change, according to a new study. Yale Environment 360 reports that warmer temperatures, rising sea levels and extreme weather events, could wipe out 389 species. The research comes less than a month after a separate study found the US and Canada have lost three billion birds since 1970, equal to one in every four of our feathered friends, it said.
The percentage of large corporates that list digital transformation as one of their key business priorities has fallen, according to a new study released alongside the Hannover Messe trade fair for industrial technology. Employees’ lack of knowledge is the biggest obstacle to digitalisation, it found. Meanwhile, a robot chef that could do everything from chopping ingredients to washing up afterwards was one of the prototype robotics demonstrated at the event, the BBC said.