Viewpoint: D&O Market Conundrum — Softening Rates With Rising Claims Severity April 19, 2023 By Dan Beatty and Erin Zimmerman Executive Summary: An uncertain economic landscape leading to a rise in claims, decreasing rates, and proposed US Securities and Exchange...
EU Vote on Human Rights ‘Due Diligence’ Looms for Financial Services Firms April 6, 2023 By Huw Jones Financial services companies would be required to take action if their clients were failing to protect human rights and the...
Britain Sets Out Next Steps to ‘Green’ its Financial System March 31, 2023 By Huw Jones Britain’s finance ministry set out plans on Thursday to meet its target of becoming the world’s first net-zero aligned financial...
Finance Firms Managing $136T in Assets Urge Boards for More Environmental Data March 13, 2023 By Virginia Furness and Simon Jessop Financial institutions managing $136 trillion in assets will this week call on companies to share more data on their environmental...
G20-Backed Standards Body Approves First Global Company Sustainability Rules February 17, 2023 By Huw Jones The G20-backed International Sustainability Standards Board on Thursday approved “global baseline” rules for firms disclosing how climate change affects their...
AXIS Capital Commits to Greenhouse Gas Reduction Goals February 15, 2023 AXIS Capital Holdings Ltd. announced its commitment to a 50% absolute reduction of Scope 1 and 2 greenhouse gas (GHG)...
Norway’s $1.35 Trillion Wealth Fund: We Won’t Back Boards Who Fail on Climate February 13, 2023 By Victoria Klesty and Gwladys Fouche Norway’s $1.35 trillion wealth fund will step up its engagement with companies over their management of climate risk by voting...
EU Lawmakers Want to Extend Reach of Draft ESG Oversight of Corporations February 10, 2023 By Huw Jones A panel of European Union lawmakers on Thursday backed an amendment to extend the reach of groundbreaking draft legislation to...
A Class-Action Wave Is Coming for ESG Claims January 25, 2023 By Tim Quinson Lawyers are bracing for an increase in ESG-related cases as corporate disclosure requirements stiffen around the world. A survey by...
Environmental, Social and Governance Credit Risks to Rise in 2023: Moody’s January 10, 2023 By Juliette Portala Economic and political turbulence caused by the COVID-19 pandemic and Russia’s invasion of Ukraine will be likely to heighten environmental,...