Banks Demanding Stricter Environmental Criteria When Financing Shipping Companies October 20, 2021 By Jonathan Saul Banks are demanding much stricter environmental criteria when financing shipping companies as investor pressure grows on the sector to accelerate...
Guy Carpenter Launches European Wildfire Risk Score as Exposure Management Tool October 18, 2021 Guy Carpenter & Co., the reinsurance business of Marsh McLennan has announced the launch of a Wildfire Risk Score designed...
Corporate Climate Risk Disclosures Still Falling Short, Regulators Say October 15, 2021 By Huw Jones and Simon Jessop Around half of companies assessed have begun to apply globally agreed climate-related disclosure standards for helping investors to pick firms...
France’s AXA to Invest €1.5B to Fight Deforestation, Preserve Biodiversity October 15, 2021 French insurer AXA said on Thursday it will invest 1.5 billion euros ($1.74 billion) to support sustainable forest management as...
Vulnerable to Climate Change, England Must ‘Adapt or Die’, Agency Warns October 14, 2021 England will be hit hard by floods like those that devastated Germany this summer if the country does not improve...
Rich Nations Face Demands to Pay for Climate Damages Caused by Historical Emissions October 12, 2021 By Todd Gillespie The aftermath of Hurricane Irma has left deep scars in the tiny island nations that were in the path of...
Financial Services Groups Urge G20 Leaders to Set ‘Clear, Credible, Ambitious’ Climate Goals October 12, 2021 By Simon Jessop Financial services groups responsible for more than $90 trillion in assets on Monday called for the leaders of the world’s...
Climate Swat Team Aims to Identify When Global Warming Causes Extreme Weather October 11, 2021 By Eric Roston When weather disaster strikes, observers near and far ask the same question: Climate change—is it or isn’t it? The simplest...
Climate Class Action Suit to Proceed Against Australia Government October 11, 2021 By Matthew Burgess A class action lawsuit that claims Australia is misleading investors by failing to disclose the impact of climate risk in...
Report: A Fifth of U.S. Insurance Company Board Members Have Worked in Fossil Fuel Industry October 7, 2021 By Don Jergler A report out Thursday from a climate change advocacy group alleges that more than one-fifth of U.S. insurance company board...