A new report finds that despite a brief dip in carbon dioxide emissions caused by the pandemic, the world is still heading for a temperature rise in excess of 3°C this century, a mark that is well beyond the Paris …
U.S. insurance companies lag behind their global peers by enabling the fossil fuel industry, according to a report from an environmentalist group out this week. The Insure Our Future campaign released its fourth annual scorecard on insurers’ climate policies: Insuring …
The Dow Jones Sustainability Index just released their 2020 rankings, and Zurich Insurance Group took the top spot in the insurance sector. The assessment is an annual evaluation of companies’ sustainability practices and performance, which includes more than 7,300 companies …
Local governments are increasingly taking it upon themselves to address climate change. Denver voters on election day passed Measure 2A, which would raise city sales tax by 0.25% starting in January with the goal of reducing the city’s climate footprint, …
Drought has become one of the costliest disasters in the U.S., causing 94 deaths and an inflation-adjusted $6.2 billion in losses per year on average since 1980, according to a report out this week from Climate Central. The report includes …
“The insurance buying public wants to know that insurance is going to be available and affordable to them when they need it.” That was the take-home message from Washington Insurance Commissioner Mike Kreidler, who hosted a half-day virtual summit on …
U.S. environmental policies will drive long-term demand for renewable energy, Moody’s Investors Service said in a new report. The report depicts a “a credit positive for renewable energy developers” in the U.S. despite a downturn in demand for electricity during …
Yet another report in a long line of reports is out urging urgent action from financial regulators, including insurance regulators, the Federal Reserve and the Securities Exchange Commission. The report was commissioned by the U.S. Commodity Futures Trading Commission and …
A multiyear trend of increasing climate condition measurements from the U.S. and Canada hit a new high in winter 2019-2020, according a new Actuaries Climate Index released this week. The quarterly data’s key metric of a seasonal five-year moving average …
Last year will be remembered as among the world’s hottest, while greenhouse gases reached their highest levels on record, according to the 30th annual State of the Climate report. The international annual review of the world’s climate, led by scientists …
