New Global Standard Setter for Corporate Sustainability Drafts 1st Guidelines April 5, 2022 By Huw Jones A new global standard setter for company sustainability reporting set out its first draft guidelines on Thursday [March 31], entering...
European Union Lawmakers Agree to Force Foreign Firms to Comply With ESG Rules March 23, 2022 By Frances Schwartzkopff and John Ainger European lawmakers have agreed to force roughly 28,000 foreign subsidiaries to comply with the bloc’s ESG rules, marking a blow...
Marsh Launches ESG Risk Rating to Assess Companies’ ESG Performance March 21, 2022 Insurance broker Marsh announced the launch of its Environmental, Social, and Governance (ESG) Risk Rating, an assessment tool that can...
Everest Re Group Signs UN Principles for Sustainable Insurance January 27, 2022 Everest Re Group Ltd. announced it has become an official signatory of the UN Principles for Sustainable Insurance (PSI), a...
Climate Risk Is Top London Market Challenge, IUA Survey Shows January 27, 2022 The top challenge currently facing London market insurance companies is climate risk, a new survey by the International Underwriting Association...
AllianzGI Creates Unit Focused on Investing in Companies With Measurable ESG Impact January 26, 2022 By Simon Jessop and Elizabeth Howcroft Asset manager Allianz Global Investors, part of German insurer Allianz, said on Wednesday it had set up a new unit...
Aviva Broadens Sustainable Investments to Include Biodiversity, Human Rights January 24, 2022 By Huw Jones and Simon Jessop Leading British asset manager Aviva Investors plans to push boards for greater action on biodiversity and human rights so that...
Shortage of ESG Experts Could Have Negative Effect on Canada Financial Services Firms January 19, 2022 By Layan Odeh Canada’s financial sector is facing a talent shortage in sustainable finance as demand for people who can evaluate ESG-related risks...
Cyber, Business Interruption, Natural Disasters Ranked as Top 3 Business Risks: Allianz January 18, 2022 A year of unprecedented cyber-attacks, business interruption and supply chain disruption, along with natural catastrophe activity has pushed these three...
‘Cybersecurity Failure’ Named a Critical Global Threat in WEF Survey Report January 13, 2022 By L.S. Howard “Cybersecurity failure” was identified as a critical short-and-medium-term threat to the world by respondents of the World Economic Forum’s Global...