Archive

ESG's negative impact on returns - myth or reality?

A growing number of insurers have announced new or upgraded sustainable investment strategies in recent years. JP Morgan Asset Management and Environmental Finance's sister publication Insurance Asset Risk have joined forces to investigate the drivers behind insurers' sustainable strategies. Vincent Huck reports on the high-level key findings

Australian pension fund to exit coal amid climate announcements

Australian pension fund First State Super has outlined a number of climate change actions and targets, including exiting thermal coal, as it urged other Australian pension funds to do the same.

Green and sustainability-linked loan round-up: CIP, Siemens Gamesa and more

Olam signs $250m sustainability-linked loan

Olam has signed sustainability-linked revolving credit facility (RCF) worth $250 million, the third sustainability-linked loan the food and agriculture firm has signed over the last two years.

Insurers' oil and gas activities to be next under spotlight

Re/insurers around the world should limit their support for oil and gas projects and have until mid-September to explain the measures they are taking to reduce exposure to the sector, according to environmental NGOs.

Many insurers still lack sustainable underwriting policies

Re/insurers shared tips on setting up frameworks for incorporating environmental, social and governance risks in underwriting at a recent UNEP PSI webinar. Cintia Cheong reports

Majority of Europe's largest companies still 'failing' in climate reporting

In 2019, more than three quarters of Europe's largest companies were not adequately reporting climate and environmental risks, according to the Climate Disclosure Standards Board (CDSB).

Allianz tightens coal exposure policy

German insurer Allianz plans to exclude companies from its property and casualty (P&C) insurance portfolios which fail to present "a credible transition strategy away from coal".

Insurance, pandemics and climate change

Insurers have long been aware of the risks of a global pandemic, but have failed to act. They mustn't make the same mistake on climate change, Peter Bosshard writes

UN calls for investor action in coronavirus response

The UN has called for some of the world's largest investors to join efforts to tackle the coronavirus pandemic, to respond to what it says is the greatest test since the organisation was founded, and to help "rebirth society as we know it".