Climate Activists Sue EU for Labeling Gas and Nuclear Investments as ‘Green’ April 18, 2023 By Kate Abnett Greenpeace and other campaign groups are set to take the European Commission to court on Tuesday, seeking to overturn European...
Western Curbs on Russian Oil Products Redraw Global Energy Shipping Patterns April 6, 2023 By Mohi Narayan and Jonathan Saul Global fuel suppliers are turning to longer and costlier routes that produce more carbon emissions to move their diesel and...
Zurich Exits Insurance Climate Alliance, Days After Munich Re April 6, 2023 By Alastair Marsh Zurich Insurance Group AG is leaving a coalition of major insurers that have committed to reach net-zero emissions, the second...
Companies That Form Global Climate Alliances Need Antitrust Guidance: Experts April 5, 2023 Global companies that form alliances to help them to tackle climate change need clear “safe harbor” guidelines from governments to...
Leading Investor Group NZAOA Toughens Stance on New Upstream Oil & Gas Projects April 3, 2023 The Net Zero Asset Owner Alliance (NZAOA) said on Wednesday [March 29] it expects members to make no new direct...
Munich Re Exits Insurance Climate Group, Citing ‘Material’ Legal Risks April 3, 2023 By Laura Malsch and Alastair Marsh Munich Re is leaving an alliance of leading insurers that have committed to reduce emissions due to what it says...
Britain Sets Out Next Steps to ‘Green’ its Financial System March 31, 2023 By Huw Jones Britain’s finance ministry set out plans on Thursday to meet its target of becoming the world’s first net-zero aligned financial...
‘Climate Time Bomb Ticking’, Warns UN Chief, Urging Faster Cuts to Emissions March 20, 2023 By David Stanway U.N. Secretary General Antonio Guterres warned that the “climate time bomb is ticking” as he urged rich nations on Monday...
French Bank BNP Paribas Sued by NGOs Over Amazon Rainforest Deforestation Link February 27, 2023 By Mathieu Rosemain Environmental and human rights activist groups said on Monday they had sued BNP Paribas, the eurozone’s biggest bank, for providing...
Chubb Announces Name of New Global Climate Unit, Appoints 3 Execs February 23, 2023 Chubb announced the name for its new global climate business unit, Chubb Climate+, while appointing three executives who have joined...