PwC to Create 100,000 New Jobs to Help Clients Grappling with ESG Reporting June 16, 2021 By Jessica DiNapoli Accounting firm PwC said on Tuesday it would invest $12 billion over five years to create 100,000 new jobs aimed...
Major UK Asset Manager Divests from Insurer AIG over Climate Policies June 15, 2021 By Alastair Marsh Legal & General Investment Management will sell holdings in four companies including U.S insurer American International Group Inc. after deeming...
World’s Largest Insurers ‘Failing’ to Address Climate Change, Biodiversity Loss June 3, 2021 By L.S. Howard Most of the world’s largest insurers are failing to adequately address systemic risks such as climate change and biodiversity loss,...
Broker Howden Launches World’s 1st Fully Sustainable Insurer, Parhelion June 2, 2021 Howden, the London-based insurance broker, announced it is launching a UK insurer called Parhelion, which it describes as “the world’s...
Climate Change Protesters Set Off Stink Bomb at Lloyd’s of London in Ongoing Activism June 2, 2021 By L.S. Howard Climate change protesters continued their focus on Lloyd’s as a major insurer of the fossil fuel industry by setting off...
Climate Change Activists Protest at Lloyd’s of London, Dumping a Load of ‘Coal’ April 23, 2021 By L.S. Howard Lloyd’s of London was the focus of climate change activists on Friday, when a group called “Insurance Rebellion” used a...
Insurers Prefer Private Equity Investments over Hedge Funds: Survey April 22, 2021 By Carolyn Cohn LONDON — Insurers want to put more money into private equity this year while scaling back on hedge funds, a...
Many Climate Scientists Moving from Fieldwork to Jobs in Financial Services April 16, 2021 By Iain Withers, Carolyn Cohn and Simon Jessop LONDON – Environmental scientist Laura Garcia Velez cut her teeth on projects to help Ethiopian farmers insure crops for drought...
‘Insure Our Future’ Pressures Lloyd’s to ‘Immediately Stop’ Insuring Fossil Fuel Projects April 15, 2021 By L.S. Howard Insure our Future, the anti-fossil-fuel campaign group, is pressuring Lloyd’s to immediately stop insuring coal and new oil and gas...
Catastrophe Bonds Positioned to Tap Into Demand for Socially Responsible Investments April 5, 2021 By Tasos Vossos Catastrophe bonds are being hailed as the next frontier for socially responsible investing. Such debt, which insures against natural disasters...