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Cyclone Amphan tears into India,Bangladesh,destroys homes,whips up storm surge

West Bengal Chief Minister Mamata Banerjee said at least 10 people had died in the state, and two districts been completely battered by one of the strongest storms to hit the region in several years.

“Area after area has been devastated. Communications are disrupted,” Banerjee said, adding that although 500,000 people had been evacuated, state authorities had not entirely anticipated the ferocity of the storm.

Another 650,000 people have been moved to safety in the eastern Indian states of Odisha and West Bengal, authorities said, an operation carried out amid surging coronavirus infections.

It was too early to estimate a toll on life or damage to property.

Cyclone Amphan began moving inland with winds gusting up to 185 kph, Mrutyunjay Mohapatra, director general of the India Meteorological Department, told reporters.

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Citigroup launches new ESG investment banking group

“The current Covid crisis will elevate the importance of ESG to our clients, as they increasingly focus on more sustainable and resilient strategies and on recovery plans that help drive the just transition to a net-zero emissions future,” global BCMA heads Tyler Dickson and Manolo Falcó said in a memo to bankers sent on Tuesday.

Companies have become more focused on environmental, social and governance (ESG) factors in recent years as activists and investors put pressure on them and companies that put these considerations at the forefront are rewarded.

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