Argo Group to Stop Insuring Canada’s Trans Mountain Pipeline, Joining Other Carriers June 7, 2021 By L.S. Howard Lloyd’s insurer Argo Group has decided to stop insuring Canada’s Trans Mountain tar sands pipeline when its current insurance policy...
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...
150 Years of Spills: Philadelphia Refinery Cleanup Reveals Toxic Legacy of Fossil Fuels February 16, 2021 By Valerie Volcovici and Laila Kearney Wearing blue hard hats, white hazmat suits and respirator masks, workers carted away bags of debris on a recent morning...
Climate Models Are Not Designed for Use by Financial Markets, Scientists Warn February 8, 2021 By Matthew Green Misuse of climate models could pose a growing risk to financial markets by giving investors a false sense of certainty...
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...
Top Investor Group Including Allianz Warns Firms to Cut Ties to Coal November 9, 2020 By Simon Jessop Some of the world’s largest insurers and pension schemes are warning companies they invest in not to finance, insure, build,...
$5 Trillion Investor Group Aims to Align Portfolios with Paris Climate Agreement October 13, 2020 By Simon Jessop Thirty of the world’s largest investors managing a combined $5 trillion said on Tuesday they plan to set targets to...
Businesses Urge U.S. Insurers to Stop Insuring, Investing in Fossil Fuel Producers September 18, 2020 By Noor Zainab Hussain A group of about 60 American businesses on Thursday urged their insurers to stop providing coverage to and investing in...
How One County Plans to Vet Insurers for Fossil Fuel Investments February 20, 2020 By Don Jergler “We have front row seats,” said Elise Jones, a Boulder County commissioner. Jones along with two other commissioners oversees government...
Why the Worst Case for Climate Change Doesn’t Look Realistic: Viewpoint December 27, 2019 By Noah Smith, Bloomberg Opinion In recent years, much of the commentary about climate change has gone from sternly serious to wildly despairing. A new...