Insurers Are Still Backing Oil and Gas Industry Despite Rising Climate Threat: Report November 9, 2023 By Gautam Naik Insurers are continuing to provide cover for increased oil and gas production even as they face large losses fueled by...
WTW Launches Asia Pacific Climate Risk Centre in Singapore November 7, 2023 WTW announced the launch of an Asia Pacific Climate Risk Centre (ACRC) in Singapore, which aim to provide climate risk...
Climate’s ‘Catch-22’: Cutting Pollution Will Accelerate Global Warming November 3, 2023 By Jake Spring and David Stanway Air pollution, a global scourge that kills millions of people a year, is shielding us from the full force of...
Australian Companies Face New Liability for Nature-Based Risks November 2, 2023 By Amy Bainbridge Australian companies and directors could face legal action if they fail to identify and account for nature-based risks, according to...
Faster Melting of the West Antarctic Ice Sheet Is ‘Unavoidable’ October 24, 2023 By Sana Pashankar The West Antarctic ice sheet is set to melt faster even if the world rapidly cuts emissions, according to a...
Biggest Polluting Firms Failing on Short-Term Emissions Goals: Investor Pressure Group October 20, 2023 By Tommy Wilkes and Simon Jessop Fewer than one in five of the world’s biggest polluting companies have short-term emissions reductions targets in line with keeping...
Rhine River’s Low Water Levels Provide ‘Further Evidence’ of Climate Change October 20, 2023 By William Wilkes and Jack Wittels The cost of shipping fuel along the Rhine river has surged as low water levels curb barges’ carrying capacity following...
UK Financial Watchdog Says Some Funds Mislead Investors With ESG Label October 19, 2023 Britain’s financial watchdog said on Thursday it was having to “push back” against some investment funds that misleadingly attempt to...
Net-Zero Investor Group Reports Financing Activities Lead to Emissions Decline October 18, 2023 By Alastair Marsh A $9.5 trillion investor group that includes Allianz SE, Legal & General Plc and the California Public Employees’ Retirement System...
Banks Told to Review Clients in Historic ESG Crackdown in EU October 17, 2023 By Frances Schwartzkopff Banks in Europe will need to adjust the risk assessments they conduct of their clients to reflect new ESG requirements...