Sustainable Investment Group Questions Liberty Mutual over Australia Coal Mine Plan April 8, 2021 MELBOURNE – UNPRI, a United Nations-backed network that promotes sustainable investment, is reviewing the status of Liberty Mutual as a...
Swiss Re Announces Net-Zero Climate Targets in Underwriting, Investments March 16, 2021 Swiss Re announced new measures to support the transition to a net-zero economy by 2050, which encompass re/insurance underwriting, asset...
France’s AXA Drops German Power Giant RWE as a Client over Large Coal Operations March 12, 2021 By Alastair Marsh and Vanessa Dezem AXA SA, France’s biggest insurer, is dropping German energy giant RWE AG as a client in a decision that highlights...
Canada’s Trans Mountain Pipeline Wants to Keep Insurers Secret from Project Protestors March 11, 2021 By Robert Tuttle Trans Mountain Pipeline LP is petitioning to keep the insurers of its controversial Canadian oil sands pipeline confidential as environmental...
UK Insurer Aviva Plans to Become Net-Zero Carbon Emissions Company by 2040 March 1, 2021 British insurer Aviva plans to become a net zero carbon emissions company by 2040, it said on Monday, claiming this...
AXA, Other Mega-Investors Seek to Avoid Portfolios with Global Warming Potential February 24, 2021 By Alastair Marsh All good money managers expect to outperform their benchmark, and by one such metric the French insurer and investor AXA...
Lloyd’s Insurer Brit to Stop Insuring Australia’s Adani Coal Mine February 23, 2021 Major Lloyd’s of London insurer Brit will not insure Adani Enterprises’ Carmichael thermal coal mine, it said on Tuesday, adding...
Construction of Controversial UK Coal Mine Now Under Review After Climate Backlash February 10, 2021 By Jessica Shankleman Construction of a coal mine that threatened UK Prime Minister Boris Johnson’s claim to be a world leader in the...
As Insurers Exit Coal Underwriting, They May Find It’s Good for Stock Valuations February 2, 2021 By Tim Quinson As far as climate groups like the Sunrise Project are concerned, getting insurers out of the coal underwriting business is...
Aviva Investors Weighs Ditching Holdings in Biggest Carbon Emitters for Climate Inaction February 1, 2021 By Simon Jessop LONDON – Aviva Investors said on Monday it could ditch its stock and bond holdings in 30 of the world’s...