$5 Trillion Investor Group Aims to Align Portfolios with Paris Climate Agreement October 13, 2020 By Simon Jessop Thirty of the world’s largest investors managing a combined $5 trillion said on Tuesday they plan to set targets to...
UN Envoy Carney Backs Investors’ Call for Increased Climate Risk Disclosure September 28, 2020 By Simon Jessop United Nations climate envoy Mark Carney on Thursday threw his weight behind a growing push by investors for companies to...
ESG Industry Booms but Investors Worry Risks Are Piling Up September 10, 2020 By Simon Jessop, Sujata Rao and Tommy Wilkes LONDON— If fund managers are serious about clean investments, they need to get their hands dirty. That’s the view of...
American Companies Facing Pressure to Reveal Data on Diversity of Employees July 6, 2020 By Ross Kerber and Simon Jessop American companies are coming under increasing pressure from investors to publicly disclose information about diversity among employees in the wake...
Insurers Zurich and Chubb Raise Cover for Canada Oil Sands Pipeline: Filings May 13, 2020 By Carolyn Cohn, Simon Jessop and Noor Zainab Hussain Major insurers Zurich and Chubb increased their insurance cover for a Canadian oil sands pipeline over the last year, Canadian...
Insurers Say Forced Payouts for Excluded Virus Losses Risk Destabilizing Industry April 6, 2020 By Simon Jessop World insurers told governments on Monday that making them pay out on losses suffered due to the coronavirus that were...
After Australia’s 2019 Floods, Insurers Begin to Bail, Banks Keep Lending March 16, 2020 By Swati Pandey, Carolyn Cohn and Simon Jessop Only a year after losing their homes to floods in parts of Australia’s north eastern coast of Queensland, people are...
European Investors Urge Big-Four Auditors to Take Action on Climate Risks December 2, 2019 By Matthew Green and Simon Jessop European investors managing assets worth more than 1 trillion pounds ($1.28 trillion) are pressing top auditors to take urgent action...
London Litigation Funder Burford Alleges Share Manipulation in Attack on Its Accounts August 15, 2019 By Iain Withers and Simon Jessop London-listed litigation funder Burford Capital said it has found evidence of suspect trading patterns in its shares around the time...
Prudential to Complete Split of Insurance, Asset Fund by Year’s End August 14, 2019 By Simon Jessop and Carolyn Cohn Britain’s biggest insurer Prudential will complete a planned break-up of the company by the end of the year, with its...