Integrate climate risk now, insurers told
Insurers should start integrating climate risk into their management and business operations now, and not wait for the perfect tools, according to a report from the Asset Owners Disclosure Project (AODP) and UK charity ShareAction.
Pension funds have failed to protect themselves against climate risks, says report
Pension funds have largely failed to prepare themselves against climate risks, which exposes $9.8 trillion (£7.5 trillion) of their assets to economic shocks from global warming, a report said.
Insurers underperform on ESG integration, says Vigeo Eiris
The insurance industry must work harder to improve its consideration of environmental, social and governance (ESG) issues, according to a report which ranked it 23rd out of 39 industries for its performance on reporting and integration.
Sustainable cities are APG's biggest responsible investment theme
Dutch asset manager APG allocated €24.5 billion ($28.5 million) in 2017 in investments that it considers to contribute to the theme of sustainable cities and communities, one of 17 Sustainable Development Goals (SDGs) of the United Nations
ABP, ERAFP, and First State Super among scenario analysis leaders
Many leading global asset owners have already begun to perform scenario analysis and apply key findings to their climate strategies, a report by the Asset Owners Disclosure Project (AODP) has found.
World's top insurers stalling on climate change drive
While insurers are increasingly aware of environmental risks which might impact both sides of their balance sheet, new research has found that their investment strategies are not in line with the Paris Agreement. The research was published the same week Royal Dutch Shell held its AGM and shareholders, including some large insurers, were asked to vote on a climate resolution. Did they stand up to the test? Paul Walsh and Vincent Huck report
ShareAction takes over Asset Owners Disclosure Project
ShareAction has taken over leadership of the Asset Owners Disclosure Project (AODP) to further its responsible investment message in US and Australian markets.
Investing in a changing climate
Insurers are increasingly factoring climate change into their investment decisions. But they are only at the start of a long learning process, finds Peter Cripps. This is the second part of a three-part series on how insurers are dealing with climate change
AODP to rate asset managers, ratings agencies and others on climate risk
The Asset Owners Disclosure Project (AODP) will begin assessing ratings agencies and asset managers to help asset owners "hold their agents to account".
Pension funds accused of greenwashing after ANZ climate resolution fails
Pension funds have been accused of "greenwashing" after they failed to back a shareholder resolution demanding Australia & New Zealand Banking Group (ANZ) disclose its climate risks at its annual general meeting.