Insurance Industry Support of Carbon Removal Needed in Drive to Net Zero July 13, 2022 By L.S. Howard Ditching investments in fossil fuel businesses—and denying them insurance—aren’t the only ways for the insurance industry to participate in the...
Europe Asset Managers Eye Halting Non-ESG Products to Meet Net-Zero Goals: Survey June 27, 2022 By Juliette Portala Over two-thirds of European asset managers and distributors are considering halting the launch or distribution of products that do not...
Net-Zero Emissions Pledges by Big Global Companies Have ‘Credibility Gaps’: Report June 13, 2022 By Gloria Dickie and Simon Jessop Corporate plans to slash greenhouse gas emissions fall short of what is needed to combat climate change, with “major credibility...
Report Casts Doubt on Net-Zero Emissions Pledges by Big Global Companies June 13, 2022 By Gloria Dickie and Simon Jessop Corporate plans to slash greenhouse gas emissions fall short of what is needed to combat climate change, with “major credibility...
Climate Change Lawsuits Are Exploding Globally, but Court Wins Are Few June 2, 2022 By Jeremy Hodges A year ago, a Dutch judge ordered Shell to slash its emissions harder and faster than planned. Victorious campaigners and...
Canada Releases Draft Guidelines to Manage Financial Risks of Climate Change May 27, 2022 A Canadian financial regulator released draft guidelines on Thursday to mitigate the risks of climate change as the country’s financial...
Dutch Insurer NN Group Expects to Accelerate Exit From Coal Investments May 27, 2022 By Jessica DiNapoli DAVOS, Switzerland – NN Group NV expects to accelerate its deadline to exit coal investments, now set at 2030, due...
Swiss Re and UBS Among Founding Buyers of Credits From Carbon Removal Scheme May 23, 2022 By Susanna Twidale Insurance firm Swiss Re and banking giant UBS are among five founding buyers of credits from a scheme set up...
AXA to Join €1B Regenerative Agriculture Fund to Help Mitigate Climate Change May 13, 2022 Insurer AXA and consumer goods group Unilever plan to invest 100 million euros each into a new 1 billion euro...
Russia’s War With Ukraine Must Not Derail Climate Action: Envoys Warn May 12, 2022 By Simon Jessop and Kate Abnett The world needs to speed up decarbonization and not let a focus on energy security in the wake of Russia’s...