Oil Firms, Including ExxonMobil, Obtain Injunctions to Stop UK Climate Protests April 19, 2022 Three firms involved in Britain’s oil sector, including ExxonMobil, have secured injunctions to stop protests by climate change activists which...
Update: Climate Change Protesters Disrupt Lloyd’s Headquarters April 12, 2022 By Charles Capel Climate change protesters in London have targeted insurance underwriting house Lloyd’s of London for its role in enabling fossil fuel...
Burn the Client or Burn the Carbon? Insurer AXA Grapples With Clean Energy Transition. March 17, 2022 By Alastair Marsh The glass tower in Paris where AXA SA, one of the world’s largest insurers, has its temporary headquarters looks as...
French Insurer CNP to Stop Financing New Oil/Gas Projects to Help Limit Global Warming February 17, 2022 By Simon Jessop France’s CNP Assurances CNPP.PA will no longer finance new oil and gas projects or invest more money in companies planning...
World’s Largest Asset Owners Pledge to Halve Emissions in Portfolios by 2030 January 25, 2022 By Simon Jessop A group of the world’s largest asset owners managing $10.4 trillion said on Tuesday they would step up their response...
Net-Zero Insurers’ Climate-Friendly Plans to Exit Coal Impeded by Antitrust Laws January 19, 2022 By Alastair Marsh A group of the world’s biggest insurers and reinsurers jointly pledging to eliminate greenhouse gas emissions from their underwriting activities...
Australia’s Adani Coal Mine Nears 1st Shipment, Despite Climate Activists’ Campaign December 27, 2021 By Sonali Paul MELBOURNE – India’s Adani Group is preparing to ship the first coal cargo from Australia’s most controversial mine, after battling...
Hong Kong’s AIA Group Sells Nearly $10 Billion of Coal Investments December 7, 2021 By Denise Wee AIA Group Ltd. has sold off almost $10 billion of investments in coal mining and coal-fired power businesses as pressure...
Update: Zurich Insurance Will No Longer Underwrite New Oil Exploration Projects November 18, 2021 Zurich Insurance Group will no longer underwrite new greenfield oil exploration projects, Europe’s fifth-largest insurer said on Thursday in an...
COP26 Climate Agreement Targets Fossil Fuels as Key Driver of Global Warming November 15, 2021 By Valerie Volcovici, Kate Abnett and William James GLASGOW – U.N. climate talks ended Saturday with a deal that for the first time targeted fossil fuels as the...