UK’s Legal & General Is Divesting Exxon Shares Over Climate Change June 24, 2019 By Kelly Gilblom and William Mathis One of Britain’s biggest fund managers started selling shares in Exxon Mobil Corp., saying America’s largest oil company isn’t doing...
Dutch Insurer Weighs Cutting Cover for Gambling, Arms, Nuclear Power June 24, 2019 By Ruben Munsterman and Will Hadfield Europe’s biggest insurers refuse to sell policies to coal miners and arms producers. A Dutch firm may go further by...
Greenhouse Gas Emissions Must Be Halved by 2030 to Avoid 3C Warming: Scientists June 19, 2019 By Nina Chestney Emissions need to be halved by 2030 to limit warming to 1.5 degrees Celsius but temperatures are on track to...
WTW Taps Nat Re’s Hidalgo as Head of Capital Science and Policy in Southeast Asia June 6, 2019 Willis Towers Watson announced the appointment of Augusto Hidalgo as head of Capital, Science and Policy (CSP) in Southeast Asia....
Companies Failing to Disclose Exposure to Risks of Climate Change: Global Task Force June 6, 2019 By Susanna Twidale Companies are failing to disclose sufficient detail about how exposed they are to the potential risks of climate change, a...
World’s Largest Companies Forecast Climate Change Could Cost Them $1 Trillion June 4, 2019 By Eric Roston An analysis of thousands of corporate disclosures on climate-change risks suggests that companies stand to gain more than they lose,...
Hannover Re Cuts Exposure to Coal-Based Risks, Limiting Investments, Underwriting April 22, 2019 Hannover Re announced it is scaling back its exposure to coal-fired power plants and coal mines, joining a growing list...
New Crop of Satellites Will Identify Biggest Contributors to Climate Change April 18, 2019 By Aaron Clark A wave of satellites set to orbit the Earth will be able to pinpoint producers of greenhouse gases, right down...
Bank of England to Issue Rules for How Banks, Insurers Should Manage Climate Risk March 22, 2019 By Andy Bruce and David Milliken The Bank of England will soon spell out how it wants banks, insurers and investment companies to manage the financial...
BNP Paribas’ Insurance Unit Cuts Exposure to Coal on Climate Change Concerns March 19, 2019 The Cardif insurance division of BNP Paribas, France’s largest bank, on Monday outlined new targets to reduce its exposure to...