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...
Earth Keeps Breaking Temperature Records, Underscoring Dangers of Global Warming July 5, 2023 By Will Mathis and Aaron Clark Global temperatures have smashed through records this week, underscoring the dangers of ever-increasing greenhouse gas emissions generated from burning fossil...
Insurers Look to Loosen UN Climate Alliance Rules After Member Exodus: Sources July 5, 2023 By Tommy Wilkes The remaining insurers in a United Nations-backed coalition aimed at tackling climate change are poised to loosen the alliance’s membership...