Companies Walk ESG Tightrope, Under Fire From All Sides Over Disclosures February 29, 2024 By Richa Naidu and Simon Jessop Since joining Asahi Group in 2020 as sustainability chief, Preeti Srivastav has helped the Japanese brewer make several environmental and...
JPMorgan, State Street Quit Climate Group, BlackRock Steps Back February 16, 2024 By Simon Jessop and Ross Kerber JPMorgan Chase’s and State Street’s investment arms on Thursday both quit a global investor coalition pushing companies to rein in...
Storm Henk Causes Estimated £150 Million in UK Insured Losses: PwC January 10, 2024 By Carolyn Cohn and Simon Jessop Storm Henk, which battered Britain last week, caused around 150 million pounds ($190 million) in insured losses and damaged around...
Infrastructure Faces $600B Hit in Worst-Case Climate Shift: Study December 13, 2023 By Katy Daigle and Simon Jessop Infrastructure investors face losing nearly a third of their money, or around $600 billion, if countries do not plan for...
Typhoon That Hit China’s Ports Provides Wakeup Call for Climate Risk to Markets December 12, 2023 By Katy Daigle and Simon Jessop As Typhoon Doksuri aimed toward mainland China, major southeast ports were forced to turn away dozens of vessels for days....
Climate Finance Takes Center Stage at COP28 Climate Talks December 4, 2023 By Simon Jessop, Maha El Dahan and Hadeel Al Sayegh Money pledges grabbed the spotlight again at COP28 in Dubai on Monday as delegates turned their focus to the yawning...
Insurance, Cat Bonds Can Help Boost Poorer Countries’ Resilience to Climate Risks December 1, 2023 By Alessandro Parodi, Simon Jessop and Libby George Low-income countries are struggling to access insurance, catastrophe bonds and other hedging mechanisms that could help protect them from the...
Allianz and Dutch Development Bank Back $1.1 Billion Sustainable Loans Fund November 28, 2023 By Tommy Wilkes and Simon Jessop Allianz Global Investors and Dutch development bank FMO have agreed one of the largest “blended finance” funds on record, raising...
Biggest Polluting Firms Failing on Short-Term Emissions Goals: Investor Pressure Group October 20, 2023 By Tommy Wilkes and Simon Jessop Fewer than one in five of the world’s biggest polluting companies have short-term emissions reductions targets in line with keeping...
Investors Call on Proxy Adviser ISS to Overhaul its Net-Zero Proxy Advice August 31, 2023 By Tommy Wilkes and Simon Jessop More than 30 investors have called on proxy advisor ISS to improve the guidance it gives to clients wanting companies...