Environmental, Social and Governance Credit Risks to Rise in 2023: Moody’s January 10, 2023 By Juliette Portala Economic and political turbulence caused by the COVID-19 pandemic and Russia’s invasion of Ukraine will be likely to heighten environmental,...
Australia Proposes Plan to Make Biggest Polluters Slash Emissions January 10, 2023 By Sonali Paul Australia’s Labor government proposed on Tuesday to make the country’s biggest polluters slash emissions by 30% over the next seven...
Major Institutional Investors Ask Glencore to Justify Thermal Coal Development January 6, 2023 By Melanie Burton International investors with $2.2 trillion in assets will ask commodity giant Glencore Plc to show how its development of thermal...
Chubb Launches Global Climate Business Unit January 4, 2023 Chubb announced the launch of a new Global Climate Business Unit, aiming to bring together Chubb units engaged in traditional,...
Allstate Commits to 2030 Net Zero Emissions Goal December 28, 2022 Allstate Corporation announced a commitment to achieve net zero emissions for direct, indirect and value-chain greenhouse gas emissions by 2030....
EU Forms Landmark Deal to Bolster Carbon Market as Centerpiece of Green Strategy December 20, 2022 By Ewa Krukowska and John Ainger The European Union reached an agreement to strengthen and expand its flagship carbon market, endorsing the centerpiece of the Green...
Underwriting the Transition: Chaucer, Moody’s Break New Ground With ESG Scorecard December 14, 2022 By L.S. Howard As corporations increasingly navigate the environmental, social and governmental (ESG) landscape, they require tools and benchmarking to help them meet...
EU Takes ‘First Step’ to Certify Removals of Carbon Dioxide From Atmosphere December 2, 2022 By Kate Abnett The European Union set out plans on Wednesday to certify removals of carbon dioxide from the atmosphere, while leaving key...
Dutch Court Denies RWE and Uniper Compensation for Closure of Coal-Fired Plants December 1, 2022 The Dutch state does not have to compensate German energy suppliers RWE and Uniper for the decision to close coal-fired...
COP27 Delivers Climate Fund Breakthrough at Expense of Progress on Emissions November 21, 2022 By Valerie Volcovici, Dominic Evans and William James Countries closed this year’s U.N. climate summit on Sunday with a hard-fought deal to create a fund to help poor...