US Insurers Invested in Fossil Fuels as Climate Risks to Underwriting Mount August 8, 2023 By Isla Binnie U.S.-based insurers have invested hundreds of billions of dollars in fossil fuel-related assets which in turn contribute to the risk...
Ocean Temperatures Hit 90 Degrees, Fueling Weather Disasters July 28, 2023 By Brian K. Sullivan Heat searing enough to knock out mobile phones. Wildfire smoke that turns the skies an apocalyptic orange. Flash floods submerging...
Rising ‘Anti-ESG’ Sentiment in US Is Impacting Funds, HSBC Says July 11, 2023 The backlash against investing strategies that factor in environmental, social and governance issues is rising in the US and is...
State Regulators Need to Improve ‘Fragmented’ Efforts to Assess Insurers’ Climate Risks: FIO June 28, 2023 By Chad Hemenway The Federal Insurance Office (FIO) has released a new report analyzing climate-related issues and gaps in U.S. insurance supervision and...
As Switzerland’s Glaciers Melt, Alpine Nation Backs Climate Bill With Net Zero Target June 20, 2023 A majority of Swiss citizens on Sunday voted in favor of a bill aimed at introducing new climate measures to...
Companies Face Less Pressure for Climate and Social Reforms June 9, 2023 By Ross Kerber Shareholder support for proxy resolutions on topics including climate change and workforce diversity dropped significantly this spring, analysts said, as...
Most Nations Aiming for Net-Zero Fail to Meet Targets, Study Shows June 9, 2023 By Akshat Rathi and Laura Millan A new scientific assessment of government commitments to eliminate greenhouse gas emissions found most lack credibility and would put the...
Finding Ways to Get Polluters to Pay for Climate Damages June 7, 2023 By Akshat Rathi The biggest achievement at the annual United Nations climate summit last year was committing to create a fund that would...
Swiss Re Becomes Fourth Insurer to Leave Net Zero Group May 23, 2023 By Alastair Marsh Swiss Re is quitting the world’s main climate alliance for insurers, joining a growing exodus from the coalition of some...
Greenpeace Sues Italian Energy Company ENI May 11, 2023 Greenpeace and an environmental coalition including 12 Italian citizens are suing Italian energy company ENI, accusing it of knowingly contributing...