Allianz Unveils €20 Billion Spending Target in Net-Zero Transition Plan September 8, 2023 By Alastair Marsh Allianz SE is planning to invest €20 billion ($21.4 billion) in renewable energy and low-carbon technology by 2030, as it...
World Losing Race to Meet Climate Goals, COP28 President Says September 5, 2023 By Duncan Miriri The world is losing the race to meet its climate change goals, the president of the upcoming COP28 summit said...
EU to Seek COP28 Deal on Phasing Out Fossil Fuels: Draft Document September 1, 2023 European Union countries are preparing to push for a global deal on phasing out fossil fuels at the United Nations...
Investors Call on Proxy Adviser ISS to Overhaul its Net-Zero Proxy Advice August 31, 2023 By Tommy Wilkes and Simon Jessop More than 30 investors have called on proxy advisor ISS to improve the guidance it gives to clients wanting companies...
2023 Summer Heatwaves – Insights on Heat Stress in a Changing Climate: RMS August 15, 2023 By Matthew Couldrey, Shree Khare, Robert Muir-Wood and Keven Roy Executive summary: Climate change, caused by human activity, is already leading to an increase in the frequency and severity of...
Growing ‘Greenlash’ Fuels Fears for Europe’s Environmental Ambitions August 11, 2023 By Sarah Marsh, Kate Abnett and Gloria Dickie A growing ‘greenlash’ against Europe’s environmental agenda has not so far derailed its decarbonization plans, but looming elections could put...
Zurich Insurance CEO Criticizes Climate Alliances After Exodus August 10, 2023 By Myriam Balezou The chief executive officer of Zurich Insurance Group AG has spoken out against the network of voluntary climate alliances that...
More ESG Lawsuits on the Horizon as Investors Jump on UK Law August 8, 2023 By Natasha White Investors are becoming more emboldened to file legal challenges against companies for their net zero claims, approaches to governance and...
Markets/Coverages: AXA XL Launches Carbon Emissions Product for Marine Clients July 20, 2023 AXA XL in the UK has launched its Excess Emissions Insurance product helping marine clients to manage their environmental footprint...
UN Climate Alliance Scraps Emissions Rules for Insurers After Exodus July 6, 2023 By Tommy Wilkes The Net-Zero Insurance Alliance (NZIA) has ditched all requirements for members to set or publish greenhouse gas emission-reduction targets, the...