Companies in Polluting Industries Slow to Disclose Climate Change Risks: Moody’s October 22, 2019 By Nichola Groom U.S. and European companies in polluting industries rarely disclose the financial risks they face related to climate change even though...
AXIS Capital Sets Clean Energy Policy Designed to Reduce Climate Risks October 17, 2019 AXIS Capital Holdings Ltd. won’t insure, invest in or provide insurance or reinsurance for new coal plants or oil pipelines...
Many Major Central Banks, Minus U.S. Fed, Taking Action on Climate Change Risks September 24, 2019 By Jill Ward Bank of England Governor Mark Carney was in no mood for laughter as he stood in his tuxedo before the...
Zurich Commits to UN Climate Change Targets, to Using only Renewable Energy by 2022 July 1, 2019 Zurich Insurance Group announced it is accelerating actions to progress towards a low-carbon economy “amid an increasing climate crisis.” Its...
UK’s Legal & General Is Divesting Exxon Shares Over Climate Change June 24, 2019 By Kelly Gilblom and William Mathis One of Britain’s biggest fund managers started selling shares in Exxon Mobil Corp., saying America’s largest oil company isn’t doing...
Dutch Insurer Weighs Cutting Cover for Gambling, Arms, Nuclear Power June 24, 2019 By Ruben Munsterman and Will Hadfield Europe’s biggest insurers refuse to sell policies to coal miners and arms producers. A Dutch firm may go further by...
Greenhouse Gas Emissions Must Be Halved by 2030 to Avoid 3C Warming: Scientists June 19, 2019 By Nina Chestney Emissions need to be halved by 2030 to limit warming to 1.5 degrees Celsius but temperatures are on track to...
WTW Taps Nat Re’s Hidalgo as Head of Capital Science and Policy in Southeast Asia June 6, 2019 Willis Towers Watson announced the appointment of Augusto Hidalgo as head of Capital, Science and Policy (CSP) in Southeast Asia....
Companies Failing to Disclose Exposure to Risks of Climate Change: Global Task Force June 6, 2019 By Susanna Twidale Companies are failing to disclose sufficient detail about how exposed they are to the potential risks of climate change, a...
World’s Largest Companies Forecast Climate Change Could Cost Them $1 Trillion June 4, 2019 By Eric Roston An analysis of thousands of corporate disclosures on climate-change risks suggests that companies stand to gain more than they lose,...