Dutch Insurer Weighs Cutting Cover for Gambling, Arms, Nuclear Power June 24, 2019 By Ruben Munsterman and Will Hadfield Europe’s biggest insurers refuse to sell policies to coal miners and arms producers. A Dutch firm may go further by...
Hannover Re Cuts Exposure to Coal-Based Risks, Limiting Investments, Underwriting April 22, 2019 Hannover Re announced it is scaling back its exposure to coal-fired power plants and coal mines, joining a growing list...
BNP Paribas’ Insurance Unit Cuts Exposure to Coal on Climate Change Concerns March 19, 2019 The Cardif insurance division of BNP Paribas, France’s largest bank, on Monday outlined new targets to reduce its exposure to...
Average World Temperatures to Far Exceed Paris Climate Agreement Goals: Report December 13, 2018 By Nina Chestney Average world temperatures are on course to far exceed the main goal set in the 2015 Paris Agreement on limiting...
Urgent Action Needed to Avoid ‘Unthinkable’ Damage from Climate Change: UN October 8, 2018 By Nina Chestney and Jane Chung Society would have to enact “unprecedented” changes to how it consumes energy, travels and builds to meet a lower global...
Major Oil and Gas Firms Pledge to Cut Greenhouse Gases to Fight Climate Change September 25, 2018 By Ron Bousso A group of the world’s top oil and gas companies pledged on Monday to slash emissions of a potent greenhouse...
Munich Re to Stop Investing in Coal-Related Business, Insuring New Coal-Fired Plants August 6, 2018 Munich Re, the world’s biggest reinsurer, will stop investing in bonds and shares of companies that generate more than 30...
Swiss Re No Longer Offers Re/Insurance to Firms with More Than 30% Coal Exposure July 3, 2018 Swiss Re announced it no longer is providing re/insurance to businesses with more than 30 percent exposure to thermal coal...
U.S. Missing Out on ‘Huge Economic Opportunity’ of Climate Change Fight: Canada June 22, 2018 By Ewa Krukowska and Jonathan Stearns Canada has an environmental message for Donald Trump: you can’t stop the global campaign against climate change and you will...
Global Warming Likely to Exceed Paris Agreement Cap of 1.5°C by 2040: UN June 15, 2018 By Alister Doyle Global warming is on course to exceed the most stringent goal set in the Paris agreement by around 2040, threatening...