CEOs Face Challenge Over Sluggish Climate Efforts January 20, 2023 By Simon Jessop A return to Davos by corporate titans and their bankers after recent record Alpine temperatures has turned a spotlight on...
Fund Groups Warn Against EU Idea of Legally Defining ‘Greenwashing’ January 17, 2023 By Simon Jessop and Huw Jones LONDON, Jan 16 (Reuters) – European Union regulators should not define greenwashing in law, fund industry groups have told the...
Call to Phase Out ‘Forever Chemicals’ Gains Investor Momentum December 5, 2022 By Simon Jessop Investors managing $8 trillion in assets have written to the world’s biggest chemicals companies urging them to phase out the...
African Insurers Pledge $14 Billion of Cover for Climate Disaster Risks November 9, 2022 By Virginia Furness and Simon Jessop A group of over 85 insurers in Africa has pledged to create a financing facility to provide $14 billion of...
AXIS to Stop Insuring Energy, Mining Without Backing of Indigenous Communities October 17, 2022 By Noor Zainab Hussain and Simon Jessop Reinsurer AXIS Capital said it would refuse to underwrite energy, mining and other projects that did not have the backing...
Marsh Launches 1st Dedicated Insurance for Hydrogen Energy Projects August 22, 2022 By Niket Nishant and Simon Jessop Broker Marsh, a unit of Marsh & McLennan, said on Monday it was launching the world’s first dedicated insurance for...
OS Climate Launches Tools to Help Firms, Investors Make Climate-Friendly Decisions July 21, 2022 By Simon Jessop Non-profit OS Climate on Wednesday launched the first in a series of free tools to drive climate-friendly decision making by...
Dutch Airline KLM Sued by Environmental Groups Over Alleged ‘Greenwashing’ Ads July 7, 2022 By Anthony Deutsch, Kirstin Ridley and Simon Jessop Environmental groups are suing the Dutch subsidiary of Air France-KLM over an advertising campaign they allege breaches European consumer law...
Report Casts Doubt on Net-Zero Emissions Pledges by Big Global Companies June 20, 2022 By Gloria Dickie and Simon Jessop Corporate plans to slash greenhouse gas emissions fall short of what is needed to combat climate change, with “major credibility...
Net-Zero Emissions Pledges by Big Global Companies Have ‘Credibility Gaps’: Report June 13, 2022 By Gloria Dickie and Simon Jessop Corporate plans to slash greenhouse gas emissions fall short of what is needed to combat climate change, with “major credibility...