Archive

Report reveals top insurers of US coal

Global insurers AIG, Liberty Mutual, Lloyd's of London, Swiss Re and Zurich are among the top insurers of US coal mining, according to findings from Insure Our Future and Public Citizen.

ESG in Fixed Income Americas 2023: BlackRock: 'transition investments are green'

BlackRock considers credible transition projects to be 'green', rather than putting them into a transition category, an Environmental Finance conference heard.

INVL launches fundraising for forest and land-dedicated fund

SocGen launches €1bn transition fund, stricter fossil-fuel targets

French bank Société Générale is targeting reducing its oil and gas exposure by four-fifths by 2030 as well as launch a €1 billion ($1.1 billion) transition fund.

Adaptation, not risk mitigation, needed for apparel production assets, says Schroders

IIGCC publishes net-zero transition expectations for chemicals firms

Central banks 'could demand transition plans to help set capital requirements'

A "high likelihood [of] sudden build-ups of prudential risks" caused by climate change should see central banks and supervisors adjust prudential requirements for banks based on their transition plans, academics have recommended.

JO Hambro launches greenhouse gas emissions forecasting tool

JO Hambro Capital Management has launched a proprietary greenhouse gas (GHG) emissions forecasting tool to help it assess the credibility of companies' net zero commitments.

BlackRock rejected Glencore's climate plan

BlackRock voted against Swiss miner Glencore's climate plan, documents have revealed.

'Uninsurable' assets is 'direction of travel' amid extreme weather

ABN Amro has warned that assets are increasingly becoming "uninsurable" due to the impact of extreme weather caused by climate change, as insurers respond to rising loss risk by hiking premiums and reducing exposure.