‘Climate Washing’ Lawsuits Jump as More Activists Challenge Corporate Claims: Report June 29, 2023 By Tommy Wilkes “Climate washing” litigation has risen sharply in the last two years as environmental groups and governments grow frustrated with corporate...
Businesses Criticize New EU Data Rules, Saying They Could Hinder Data Flow June 28, 2023 By Foo Yun Chee Businesses and Big Tech on Wednesday criticized European Union data rules agreed between EU countries and lawmakers, saying they could...
FERMA Appoints Hedemark as President, Succeeding Wegener June 28, 2023 The Federation of European Risk Management Associations (FERMA) has appointed Charlotte Hedemark as the next president of FERMA. Her election...
Russia’s Arctic Shipping Dream Stumbles on Small Aging Fleet June 28, 2023 By Bloomberg News Russia will struggle to meet its strategic goal of more than quadrupling Arctic sea shipments by the end of the...
Climate Change Leads to ‘Arctic Opening,’ Creating Key Emerging Risk: Swiss Re June 28, 2023 By L.S. Howard Climate change is the cause of a key emerging risk identified by Swiss Re’s SONAR report, which is leading to...
Global Initiative Launched to Rate Corporate Carbon Offset Claims June 28, 2023 By Susanna Twidale A standard to assess companies’ claims about progress towards internal climate targets and their use of carbon offset credits was...
TotalEnergies Faces Second Lawsuit Over Oil Projects in Uganda and Tanzania June 28, 2023 By America Hernandez Five activist groups have sued French oil major TotalEnergies for a second time over its projects in Uganda and Tanzania...
Anti-ESG Movement in U.S. Feeds Anxiety Among UK Investors June 28, 2023 By Frances Schwartzkopff Investors in the UK are starting to worry that the anti-ESG movement may spread from the US and get a...
Ex-Audi Boss Becomes 1st VW Board Member Sentenced for Fraud in Diesel Scandal June 27, 2023 By Jörn Poltz Former Audi boss Rupert Stadler was handed a suspended sentence of one year and nine months by a Munich court...
Generali’s Plan to Shed $22B of Insurance Liabilities Complicated by Interest-Rate Surge June 27, 2023 By Pablo Mayo Cerqueiro, Amy-Jo Crowley and Gianluca Semeraro Assicurazioni Generali’s plans to shed up to 20 billion euros ($21.87 billion) of insurance liabilities are being hampered as a...