Climate on Track to Warm by Nearly 5.2F Without Aggressive Actions: UN Report November 21, 2023 By Gloria Dickie Countries’ current emissions pledges to limit climate change would still put the world on track to warm by nearly 3...
Insurers Are Still Backing Oil and Gas Industry Despite Rising Climate Threat: Report November 9, 2023 By Gautam Naik Insurers are continuing to provide cover for increased oil and gas production even as they face large losses fueled by...
Biggest Polluting Firms Failing on Short-Term Emissions Goals: Investor Pressure Group October 20, 2023 By Tommy Wilkes and Simon Jessop Fewer than one in five of the world’s biggest polluting companies have short-term emissions reductions targets in line with keeping...
UK Financial Watchdog Says Some Funds Mislead Investors With ESG Label October 19, 2023 Britain’s financial watchdog said on Thursday it was having to “push back” against some investment funds that misleadingly attempt to...
Startup Climeworks Battles Big Oil for the $1 Trillion Future of Carbon Capture October 19, 2023 By Brian Kahn Most everyone who’s committed their career to solving the climate crisis comes to the field because they have something they...
Net-Zero Investor Group Reports Financing Activities Lead to Emissions Decline October 18, 2023 By Alastair Marsh A $9.5 trillion investor group that includes Allianz SE, Legal & General Plc and the California Public Employees’ Retirement System...
Oka Gets ‘In Principle’ Approval to Launch Lloyd’s Syndicate-in-a-Box 1922 October 17, 2023 Asta, the leading third-party managing agent at Lloyd’s, and Oka, the Carbon Insurance Company, announced that Lloyd’s has granted “in...
Markets/Coverages: Howden Launches Climate Parametrics Practice to Help Clients Derisk Net-Zero Climate Transition October 17, 2023 Howden, the London-based insurance group, announced the creation of Howden Climate Parametrics, a global practice that brings together re/insurance, climate,...
UK Closer to Mandatory CO2 Disclosures With New Guidelines October 10, 2023 By Alastair Marsh The UK just moved a step closer to requiring companies to provide detailed statements on future carbon emissions reductions that...
European Insurers Underwrite 30% of US Coal: Study September 28, 2023 By Gautam Naik and Alastair Marsh Some of Europe’s biggest insurers are underwriting close to a third of the coal production that takes place in the...