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.
Citi: Corporate ocean impact data is 'pain point'
Linking negative impacts on the oceans to the investee companies responsible for them is a key obstacle for financial institutions, the assistant vice president of Citi's data research arm has said.
IIGCC to step up pressure on banks to demonstrate action on net zero
A group representing investors with €65 trillion ($70 trillion) in assets under management has published a set of expectations for banks, as they push for more details on how banks will act on pledges to achieve net zero emissions.
Loan round-up: NEOM, Citi and Scotiabank
Axa IM: Agrifood biodiversity problem is 'elephant in the room'
The agricultural supply chain's impact on biodiversity is an obvious problem that is being avoided by financial institutions, which often do not know how to address the issue, an executive at Axa Investment Managers (Axa IM) has said.
Six US banks to pilot Fed-led climate scenario analysis
The US Federal Reserve has revealed that six of the largest US banks are to participate in a pilot exercise to study their ability to manage climate-related financial risks, in a significant development for the financial stability supervision framework in the world's largest economy.
Biodiversity COP and finance
Ahead of the COP15 biodiversity conference in December, Thomas Cox asks financial experts their hopes for the event