Texas Lawmakers Fault Xcel Power Pole in State’s Largest Fire May 2, 2024 By Mark Chediak The worst wildfire in Texas history was sparked by a power pole and lines owned by Xcel Energy Inc. that...
Money Managers Try to Put a Price on Climate Risk. It’s Not Easy. February 8, 2024 By Lisa Pham and Ishika Mookerjee When investors contemplate risk, it’s straightforward to think about measurable economic shifts like rising interest rates, inflation and sales trends....
Climate Change Poses Significant Risk for South African Insurers: Old Mutual January 29, 2024 By Adelaide Changole Climate change poses the most significant threat for South African insurance companies and risks raising premiums and the cost of...
Australian Companies Face New Liability for Nature-Based Risks November 2, 2023 By Amy Bainbridge Australian companies and directors could face legal action if they fail to identify and account for nature-based risks, according to...
Australia Settles Lawsuit Over Climate-Related Systemic Risks to Sovereign Bonds August 31, 2023 The Australian government has agreed to settle a class action lawsuit which alleged it had failed to disclose climate change-related...
Investors Call on Proxy Adviser ISS to Overhaul its Net-Zero Proxy Advice August 31, 2023 By Tommy Wilkes and Simon Jessop More than 30 investors have called on proxy advisor ISS to improve the guidance it gives to clients wanting companies...
Ratings Firms Struggle With Climate Risk in $133 Trillion Market August 3, 2023 By Gautam Naik With 46 straight days of 100-degree heat and coastal waters approaching hot-tub temperatures, Miami can seem like a clear example...
Housing Market Downturn Among Top Risks to Canada’s Financial System: Regulator April 21, 2023 A potential downturn in Canada’s housing market and adjusting to rapid increases in interest rates are among the biggest risks...
Rising Climate Costs to Challenge Companies, Countries in 2023 December 15, 2022 By Katy Daigle In a year marked by yet more climate-linked floods, hurricanes and droughts, governments and companies were forced to look more...
Climate Change Could Cost Pension Funds Billions of Euros: EU Watchdog December 14, 2022 By Huw Jones Pension funds across the European Union would lose billions of euros from their investments in polluting industries without action to...