World’s Largest Asset Owners Pledge to Halve Emissions in Portfolios by 2030 January 25, 2022 By Simon Jessop A group of the world’s largest asset owners managing $10.4 trillion said on Tuesday they would step up their response...
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...
Nearly 8-in-10 Executives Believe World Is at ‘Climate Change Tipping Point’ January 20, 2022 By Don Jergler Two-thirds of executives say their companies are “very concerned” about climate change, and 79% believe the world is at “a...
Net-Zero Insurers’ Climate-Friendly Plans to Exit Coal Impeded by Antitrust Laws January 19, 2022 By Alastair Marsh A group of the world’s biggest insurers and reinsurers jointly pledging to eliminate greenhouse gas emissions from their underwriting activities...
UK High Court Throws Out Case Brought by Climate Activists Against Oil Regulator January 19, 2022 By Shadia Nasralla A UK High Court on Tuesday threw out a case brought by climate activists against the country’s oil and gas...
Container Shipping Giant Maersk Speeds Up Decarbonization Target by a Decade January 14, 2022 COPENHAGEN – Container shipping giant A.P. Moller-Maersk now plans to achieve net zero emissions in its business by 2040, a...
Climate Activists Behind Landmark Shell Verdict Set Sights on 30 Multinationals January 13, 2022 By Anthony Deutsch and Simon Jessop The Dutch wing of environmental group Friends of the Earth, which won a landmark court case against Royal Dutch Shell...
Thawing Permafrost Could Damage Up to 50% of Arctic Infrastructure: Report January 12, 2022 By Gloria Dickie Thawing permafrost could put as much as 50% of Arctic infrastructure at high risk of damage by 2050, requiring tens...
Climate Crisis Is Top Risk Facing World for Next Decade: World Economic Forum Survey January 11, 2022 By Alessandra Migliaccio There’s little faith in the global economic recovery accelerating, with officials and business leaders citing climate change and rising social...
Natural Disasters Cost Insurers $120B in 2021. Munich Re Points to Climate Change Link. January 10, 2022 Natural disasters across the globe caused economic losses of US$280 billion in 2021, of which roughly US$120 billion were insured,...