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Among other oil companies, London-based BP and France’s Total have set short-term targets on reducing carbon dioxide emissions from their own operations. Royal Dutch Shell in December announced it would link executive compensation to reducing carbon dioxide emissions starting in 2020, including Scope 3 emissions from fuels sold to customers around the world estate cufflinks. Chevron said it does not support establishing Scope 3 targets. Exxon’s climate report, published on Tuesday, includes a goal of reducing methane emissions from operations by 15 percent and flaring by 25 percent by 2020 compared with 2016 levels..
Chevron’s target aims to reduce emissions and flaring as a percentage of production, but does not set a total emissions goal – a measure activist investors prefer. The targets will apply to Chevron’s operations as well as assets it has a stake in but does not operate itself, the company said estate cufflinks. “This is the first public, industry-led, link between methane targets and joint ventures we’ve seen, and we are interested in how they will actualize and validate this,” said Isabel Mogstad of the Environmental Defense Fund..
(Reuters) – Computer maker Dell Technologies Inc is exploring a sale of SecureWorks Corp, a U.S. provider of cybersecurity services with a market value of close to $2 billion, people familiar with the matter said on Thursday. A sale of SecureWorks, in which Dell holds an 85 percent stake, would allow the latter to trim its $50 billion debt pile, after it decided to become a publicly traded company last year through a complex deal involving its software subsidiary VMware Inc estate cufflinks. SecureWorks is working with investment bank Morgan Stanley on a sale process for the entire company that is in its early stages, the sources said, asking not to be identified because the matter is confidential..
Dell and SecureWorks declined to comment, while Morgan Stanley did not respond to a request for comment. SecureWorks, based in Atlanta, offers information security solutions aimed at protecting corporate networks from cyberattacks to 4,300 clients in more than 50 countries, according to its website. Dell acquired SecureWorks for $612 million in 2011 and then floated the company on the stock market in 2016 estate cufflinks. SecureWorks shares are up 64 percent since then. In December, Dell became a publicly traded company following a $23.9 billion deal to buy back shares tied to its interest in VMware, which it acquired when it bought buy data storage company EMC for $67 billion in 2016. EMC owned a majority stake in VMware..
Last year, Dell decided to shun a traditional IPO route amid uncertainty over how stock market investors would respond to its $50 billion debt pile. This meant it would not receive any IPO proceeds that would have allowed it to pay down debt. Dell founder Michael Dell has turned to dealmaking to transform his company from a PC manufacturer into a broad seller of information technology services, ranging from storage and servers to networking and security. Dell has sold many of its non-core assets in the past estate cufflinks. In 2016, for example, it sold its software division to buyout firm Francisco Partners and the private equity arm of activist hedge fund Elliott Management Corp for more than $2 billion..