Archive

ESMA, EIOPA: Regulatory frameworks causing greenwashing

The European Securities and Markets Authority (ESMA) and European Insurance and Occupational Pensions Authority (EIOPA) have said the challenges of implementing sustainability regulation may lead to greenwashing.

Eiopa launches free app to help with physical climate risk modelling

The European Insurance and Occupational Pensions Authority (Eiopa) has launched free software in a bid to help bring climate and natural catastrophe modelling to a wider range of users.

Eiopa: how we plan to stop insurers greenwashing

Europe's insurance authority explains its plans to address greenwashing, including how the term is defined and what measures it intends to take to prevent it, in this Q&A with Joshua Geer

Pension funds could lose €255bn in disorderly transition, first climate stress test reveals

European pension funds could lose up to €255 billion ($272 billion) of assets in a sudden, 'disorderly' transition to a net zero economy because of their exposure to carbon intensive industries, the first climate stress test of the sector has revealed.

Eiopa to explore lower risk charges for insurers supporting climate adaptation

The European Insurance and Occupational Pensions Authority (Eiopa) is to investigate whether insurers that encourage climate-related adaptation measures through their underwriting should benefit from lower capital charges.

EIOPA: ESG tops risk list for insurers and pensions

Environmental, social and governance (ESG) risks are expected to have the greatest increase in materiality for both the insurance and pensions sector, the European Insurance and Occupational Pensions Authority (EIOPA) has said.

News round-up: ESAs, BlackRock, Lyxor, Article 29, and more

ESAs issue consultation paper on financial investments in the environment

Use SFDR draft standards as reference point, ESAs say

Financial institutions in the EU should "use as a reference" draft technical standards for sustainability-related disclosures until the standards formally enter into force, the three European Supervisory Authorities have said.

Don't wait for regulation to act on climate, EC director tells insurers

While insurers want policy makers' help to tackle climate change, they have been told not to wait for regulation to act. Meanwhile, climate activists have urged regulators and legislators to step in, as they have no confidence in the industry's ambitions