New Zealand Is 1st Country to Pass Climate Change Disclosure Laws for Insurers, Banks October 21, 2021 New Zealand has become the first country to pass laws requiring banks, insurers and investment managers to report the impacts...
Global Financial Regulators Seek Coordinated Response to Climate Change Risk July 7, 2021 By Nicholas Comfort The world’s top financial regulators want to coordinate efforts to prepare for potential risks from climate change as authorities still...
EU Weighs Measures to Bring Financial Sector into Line with Its Climate Plans: Sources June 30, 2021 By Huw Jones The European Union is considering a wide range of measures to bring the bloc’s financial sector into line with its...
Exxon Weighs Next Move After Judge Rules It Must Face Massachusetts Climate Suit June 24, 2021 By Jonathan Stempel A Massachusetts state judge has rejected Exxon Mobil Corp.’s bid to dismiss a lawsuit by state Attorney General Maura Healey...
Swiss Financial Watchdog Requires Insurers, Banks to Disclose Climate Change Risks June 1, 2021 ZURICH – Large Swiss banks and insurance companies will have to provide qualitative and quantitative information about risks they face...
Exxon Argues Massachusetts Climate Fraud Lawsuit Punishes It for Opinion December 17, 2020 By Erik Larson Exxon Mobil Corp. told a judge that a fraud lawsuit filed by Massachusetts last year amounts to illegal punishment for...
More Firms Need to Disclose Potential Financial Hit from Climate Change: Regulator October 29, 2020 By Huw Jones Too few companies specify their prospective financial hit from climate change under a voluntary global disclosure code that needs wider...
Exxon Faces Trial Over Claim It Misled Investors About Climate Change Risks October 22, 2019 By Brendan Pierson Exxon Mobil Corp. on Tuesday will face trial in a lawsuit by New York’s attorney general accusing it of misleading...
New York AG ‘Puts Up,’ Sues Exxon Over Climate Change Disclosures October 25, 2018 By Erik Larson Lawyers for Exxon Mobil Corp. stood before a New York judge in August and told the state’s attorney general to...
SEC: No Action Against Exxon Over Climate Disclosures to Investors August 8, 2018 The U.S. Securities and Exchange Commission has recommended no action against Exxon Mobil Corp. over its investor disclosures, ending a...