Draft COP26 Climate Deal Tries to Balance Demands of Developing and Richer Nations November 12, 2021 By Kate Abnett, Elizabeth Piper and Simon Jessop GLASGOW – A new draft agreement for the U.N. climate conference in Glasgow on Friday presses countries to be more...
Allianz, European Investment Bank Back €500M Public-Private Climate Fund November 8, 2021 By Simon Jessop GLASGOW – The European Investment Bank and Allianz Global Investors said on Monday they plan to raise 500 million euros...
AXA’s Investment Arm to Divest Oil and Gas Climate Laggards After Three Years November 8, 2021 By Simon Jessop and Tommy Wilkes GLASGOW – The fund arm of French insurer AXA said on Monday it would take a tougher line with oil...
Business Execs Optimistic COP26 Will Bring Changes Needed to Tackle Climate Change November 8, 2021 By Ross Kerber and Simon Jessop A week into the United Nations’ high-profile climate conference in Glasgow, executives and financial analysts said they are optimistic the...
Coal in Crosshairs as UN Climate Summit Brings Raft of Clean Energy Pledges November 4, 2021 By Kate Abnett and Simon Jessop GLASGOW – Government representatives at the U.N. climate conference in Glasgow on Thursday will turn their focus to tackling the...
AXA Tightens Policy for Insuring, Investing in Oil & Gas Ahead of COP26 Summit November 1, 2021 By Sudip Kar-Gupta and Simon Jessop AXA, France’s biggest insurer, said on Friday it would tighten its policy regarding investing in and insuring the oil and...
Lloyd’s Ups Climate Pledge, Vows to Push Members on Net Zero: Reuters October 28, 2021 By Simon Jessop and Carolyn Cohn Lloyd’s of London said on Thursday it would join peers in scaling up efforts to cut carbon emissions and push...
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...
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...
Funds Demand Science-Based Emissions Targets From 1,600 Most Polluting Firms September 30, 2021 By Simon Jessop Funds managing nearly $30 trillion in assets called on Wednesday for 1,600 of the world’s most polluting companies to “urgently”...