Top Climate Group for Banks, Insurers, and Asset Managers Is Making Changes January 2, 2025 By Alastair Marsh The world’s biggest climate coalition for financial firms is making adjustments after several high-profile banks, insurers and asset managers opted...
Global Warming Can’t Be Ignored, Montana’s Top Court Says, Upholding Landmark Climate Case December 20, 2024 By Amy Beth Hanson Montana’s Supreme Court upheld a landmark climate ruling that said the state was violating residents’ constitutional right to a clean...
Can China Shield the Biggest Uninsured Economy From Floods? December 19, 2024 By Coco Liu The rivers and canals that meander through Hemudu in southeastern China are a vital source of life and community —...
Disaster Insurance Set to Test Italy’s Business Backbone in 2025 December 16, 2024 By Alberto Chiumento and Andrea Mandala Italian companies are preparing to comply with a requirement to take out natural disaster insurance from next April, although some...
Climate Change ‘Supercharged’ Philippines’ Typhoon Season, Study Finds December 16, 2024 By Mary Hui A warming climate fueled the blitz of six powerful storms that hit the Philippines within a matter of weeks this...
Shell Settles Lawsuit Against Greenpeace Over Activists Boarding Oil Vessel December 11, 2024 British oil and gas major Shell on Tuesday settled a London lawsuit it brought against environmental group Greenpeace after activists...
Insurers’ Climate Losses Almost Match Premiums From Fossil Fuels December 10, 2024 By Gautam Naik Top insurance companies suffered $10.6 billion of climate-attributed losses this year, just shy of the $11.3 billion of direct premiums...
Global Temperature Set to Surpass 1.5C Threshold in Hottest Year on Record December 9, 2024 By Olivia Rudgard This year is “effectively certain” to be the warmest on record with temperatures climbing above a closely watched threshold for...
Investors With $9.5 Trillion Seek Mandatory Scope 3 Emissions Disclosures December 5, 2024 By Alastair Marsh An influential coalition of pension funds and insurance companies holding a combined $9.5 trillion of assets called on regulators to...
Italy to Require Companies Buy Insurance for Climate Risks December 3, 2024 By Gautam Naik Starting Jan. 1, every company in Italy must buy insurance to protect its assets from floods, landslides and other natural...