AXA’s Investment Arm to Divest Oil and Gas Climate Laggards After Three Years November 8, 2021 By Simon Jessop and Tommy Wilkes GLASGOW – The fund arm of French insurer AXA said on Monday it would take a tougher line with oil...
Business Execs Optimistic COP26 Will Bring Changes Needed to Tackle Climate Change November 8, 2021 By Ross Kerber and Simon Jessop A week into the United Nations’ high-profile climate conference in Glasgow, executives and financial analysts said they are optimistic the...
COP26 Coal Pledge Falls Short on Support From Big User Countries as Emissions Surge November 5, 2021 By Kate Abnett and Elizabeth Piper GLASGOW – A pledge to phase out coal gained the support of 23 more countries at the U.N. climate conference...
EU Regulator Says Insurers Could Face Climate Stress Tests as Soon as 2023 November 4, 2021 By Carolyn Cohn and Huw Jones LONDON – Insurers could face European climate stress tests as soon as 2023, the head of the EU’s insurance regulator...
Coal in Crosshairs as UN Climate Summit Brings Raft of Clean Energy Pledges November 4, 2021 By Kate Abnett and Simon Jessop GLASGOW – Government representatives at the U.N. climate conference in Glasgow on Thursday will turn their focus to tackling the...
Banks, Asset Managers, Representing 40% of World’s Assets, Vow to Meet Climate Goals November 3, 2021 By Tom Metcalf and Alex Morales Banks and asset managers representing 40% of the world’s financial assets have now pledged to meet the goals set out...
Bank of England to Push Banks, Insurers on Climate Risk Capital Requirements October 29, 2021 By Huw Jones The Bank of England will crack down from next year on banks and insurers that do not hold enough capital...
Lloyd’s Ups Climate Pledge, Vows to Push Members on Net Zero: Reuters October 28, 2021 By Simon Jessop and Carolyn Cohn Lloyd’s of London said on Thursday it would join peers in scaling up efforts to cut carbon emissions and push...
UN Proposes Net Zero Verification Standard for Corporate Climate Claims October 28, 2021 By Shadia Nasralla A U.N.-backed body launched a scheme to verify corporates’ net zero strategies on Thursday that is likely to become a...
What Are the Economic Stakes of Climate Change? October 25, 2021 By Mark Johnson COP26 climate talks in Glasgow starting next Sunday may be the world’s best last chance to cap global warming at...