• UK insurers set five-point plan to maximise climate risk management

    10 June 2022

    The Association of British Insurers (ABI) has called on the UK government to fulfil five actions needed for the insurance sector to further tackle climate change.

  • BoE's Breeden warns against 'paper decarbonisation'

    01 June 2022

    There is a risk of a failed energy transition if financial institutions do not back up their transition plans with investment to decarbonise heavy-emitting activities, a senior Bank of England official has warned.

  • BoE climate test estimates potential £350bn loss

    24 May 2022
  • Lloyd's: Support don't cancel fossil fuels

    12 May 2022

    The debate on fossil fuels is "too black and white" said Lloyd's chairman Bruce Carnegie Brown, who added investors should support the industry to change "rather than cancel" its investment in it.

  • Climate change 'the ultimate systemic risk,' says BoE

    03 May 2022

    Climate change represents "the ultimate systemic risk ... [because] firms cannot diversify away from their exposure to the planet," a senior official at the Bank of England (BoE) has said.

  • People Moves 29 April, including BlackRock, Ninety One, Rathbone & more...

    29 April 2022
  • BoE begins second round of climate tests

    10 February 2022

    The Bank of England has launched a "second round" of its landmark climate stress test exercise, to assess participants' proposed management actions in response to physical and transition climate risks across several scenarios.

  • Tokio Marine joins Net-Zero Insurance Alliance

    19 January 2022

    Physical risks from warming a "prudential issue" for Asia's regulators, says Japan's FSA

  • Bank of England sets plan to tilt asset purchases toward green companies

    05 November 2021

    The UK's central bank will this month begin prioritising bond issuers judged to be "stronger climate performers" via its £20 billion ($27 billion) corporate bond purchase scheme, in a landmark move that warns climate laggards will be hit with higher cost of capital.

  • Bank of England ready to 'green' £20bn bond purchase scheme

    04 November 2021