AXIS Capital Accelerates Its Retreat From Coal Investments and Cover October 21, 2021 AXIS Capital Holdings Ltd. said it will phase out insurance cover and investments in the coal business globally within the...
Asset Managers, Including Allianz, to Cut Portfolio Emissions by at Least 25% by 2025 October 21, 2021 By Alastair Marsh By 2025, 29 of the world’s biggest pension funds and investment firms, including Allianz SE and the California Public Employees’...
Banks Demanding Stricter Environmental Criteria When Financing Shipping Companies October 20, 2021 By Jonathan Saul Banks are demanding much stricter environmental criteria when financing shipping companies as investor pressure grows on the sector to accelerate...
Guy Carpenter Launches European Wildfire Risk Score as Exposure Management Tool October 18, 2021 Guy Carpenter & Co., the reinsurance business of Marsh McLennan has announced the launch of a Wildfire Risk Score designed...
Corporate Climate Risk Disclosures Still Falling Short, Regulators Say October 15, 2021 By Huw Jones and Simon Jessop Around half of companies assessed have begun to apply globally agreed climate-related disclosure standards for helping investors to pick firms...
France’s AXA to Invest €1.5B to Fight Deforestation, Preserve Biodiversity October 15, 2021 French insurer AXA said on Thursday it will invest 1.5 billion euros ($1.74 billion) to support sustainable forest management as...
Vulnerable to Climate Change, England Must ‘Adapt or Die’, Agency Warns October 14, 2021 England will be hit hard by floods like those that devastated Germany this summer if the country does not improve...
Rich Nations Face Demands to Pay for Climate Damages Caused by Historical Emissions October 12, 2021 By Todd Gillespie The aftermath of Hurricane Irma has left deep scars in the tiny island nations that were in the path of...
Financial Services Groups Urge G20 Leaders to Set ‘Clear, Credible, Ambitious’ Climate Goals October 12, 2021 By Simon Jessop Financial services groups responsible for more than $90 trillion in assets on Monday called for the leaders of the world’s...
Climate Swat Team Aims to Identify When Global Warming Causes Extreme Weather October 11, 2021 By Eric Roston When weather disaster strikes, observers near and far ask the same question: Climate change—is it or isn’t it? The simplest...