Archive

With a watered-down NZIA, where do insurers' climate commitments stand?

After six of the eight founding members left the Net-Zero Insurance Alliance, Joshua Geer investigates if their ambitions stand

Aviva Investors finances renewable infrastructure acquisition

'Gold standard' UK transition plan framework expected in October

The UK Transition Plan Taskforce (TPT) said its ground-breaking net-zero transition plan disclosure framework will be published in October, with a consultation on sector-specific guidance to also be launched later this year.

UK pensions reforms to unlock billions for climate investments, CIOs say

Nine of the UK's largest pension schemes have signed up to a voluntary initiative to boost investment in unlisted equities, which CIOs have said could catalyse big investments in areas including climate-related technologies.

Ground-breaking PRI sovereign investor engagement initiative expands

More investors have been asked to join a ground-breaking collaborative fixed income investor engagement initiative for sovereign issuers coordinated by the UN Principles for Responsible Investment (PRI).

Aviva concerned about lack of chemicals in EU taxonomy

Aviva Investors has "material concerns" about the absence of chemicals in the draft extension to the EU taxonomy of sustainable activities.

Aviva Capital Partners to inject £20m into low-carbon modular housebuilder

Aviva's Capital Partners (ACP) is to invest £20 million ($24.9 million) into the equity of TopHat, a manufacturer of modular, low-carbon homes, to finance a new factory employing 1,000 workers.

Transition plans key to stave off threat to financial stability, says Aviva's Waygood

Unless a material price on carbon is reached and governments come up with 'sectoral transition frameworks', the world faces a threat to international security and financial stability, according to Aviva Investors.

Collaborative sovereign engagement could become 'key' after Australia pilot

A ground-breaking collaborative fixed income investor engagement initiative for sovereign issuers could become a "key" part of the climate change engagement landscape in the next couple of years, after early success from a pilot focused on Australia.

Zurich follows Munich Re in withdrawing from the NZIA

Zurich has become the second founding member to withdraw from the Net-Zero Insurance Alliance (NZIA) only days after Munich Re's departure from the alliance.