Funds Demand Science-Based Emissions Targets From 1,600 Most Polluting Firms September 30, 2021 By Simon Jessop Funds managing nearly $30 trillion in assets called on Wednesday for 1,600 of the world’s most polluting companies to “urgently”...
50 Companies Worldwide Are Highly Exposed to Physical Climate Risks, Say Investors September 24, 2021 By Carolyn Cohn and Nina Chestney European energy firms Centrica and Galp, food group Nestle and watchmaker Swatch are among 50 companies worldwide that are highly...
Global Reinsurers Could Be Greatly Underestimating Exposure to Climate Risk: S&P September 24, 2021 Reinsurers’ estimates of their exposure to natural catastrophe risk could be underestimated by 33%-50%, according to a report published by...
UK’s Aviva Calls for Urgent Action to Protect Homes, Businesses from Climate Change July 21, 2021 British insurer Aviva called on Wednesday for urgent action from policymakers, developers and insurers to protect homes and businesses from...
Individual Results of Climate Stress Tests Should Not Be Disclosed: Oversight Group July 14, 2021 By Marc Jones Climate change financial ‘stress tests’ will need to be improved with better data and modeling, a new paper by a...
Guy Carpenter Launches Suite of Climate Advisory and Modeling Services July 9, 2021 Guy Carpenter & Co., the reinsurance business of Marsh McLennan, announced the launch of a suite of climate advisory and...
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...
Japanese Insurers Struggle with Climate Change Cost Estimates June 25, 2021 By Leika Kihara and Takahiko Wada TOKYO – As the world tries to price the cost of climate change, Japan’s second largest non-life insurer MS&AD foresees...
Explaining Climate Change and Financial Disclosure for Insurers June 25, 2021 TOKYO – Japanese financial institutions are struggling to put a price tag on the cost of climate change, an effort...
UK Struggles to Adapt to Impact of Climate Change June 18, 2021 By Jessica Shankleman The UK is struggling to put in place adequate measures to deal with rising sea levels and warmer temperatures caused...