Big Oil May Face More Climate Lawsuits After Shell Ruling, Say Lawyers, Activists May 28, 2021 By Shadia Nasralla and Tom Hals LONDON – A Dutch court’s decision to force Royal Dutch Shell to make deeper, faster cuts to its climate warming...
Rising Global Temperatures Move Closer to Climate Change Tipping Point: U.N. Report May 27, 2021 By Andrea Januta There is now a 40% chance that global temperatures will temporarily reach 1.5 degrees Celsius above pre-industrial levels in the...
Shell Loses Landmark Climate Case in Ruling with Global Implications for Big Oil May 27, 2021 By Bart H. Meijer, Ron Bousso and Shadia Nasralla THE HAGUE/LONDON – A Dutch court ordered Royal Dutch Shell to drastically deepen planned greenhouse gas emission cuts on Wednesday,...
Impending Dutch Court Decision to Test Shell’s Responsibility for Climate Change May 25, 2021 By Hugo Miller and Laura Hurst A Dutch court verdict against Royal Dutch Shell Plc will determine whether it has a legal responsibility for climate change,...
Climate Litigation Cases Booming After Paris Agreement – Often Led by Young Activists May 17, 2021 By Laura Millan Whatsapp chat rooms and Telegram channels across Germany lit up in the early hours of April 29. Young people frantically...
Climate Change Could Cut Global GDP by 18% by 2050 – If Nothing Is Done: Swiss Re April 22, 2021 If nothing is done to combat climate change, global temperatures could rise by 3.2°C within the next 30 years, shrinking...
Zurich Insurance Deepens Climate Change Strategy April 1, 2021 Zurich Insurance Group said it will be taking further, deeper steps to help curb carbon emissions in line with the...
France’s AXA Drops German Power Giant RWE as a Client over Large Coal Operations March 12, 2021 By Alastair Marsh and Vanessa Dezem AXA SA, France’s biggest insurer, is dropping German energy giant RWE AG as a client in a decision that highlights...
UK Insurer Aviva Plans to Become Net-Zero Carbon Emissions Company by 2040 March 1, 2021 British insurer Aviva plans to become a net zero carbon emissions company by 2040, it said on Monday, claiming this...
AXA, Other Mega-Investors Seek to Avoid Portfolios with Global Warming Potential February 24, 2021 By Alastair Marsh All good money managers expect to outperform their benchmark, and by one such metric the French insurer and investor AXA...