Archive

Carbon allowances - insurers slowly warm to the net-zero opportunity

The European benchmark price for carbon allowances hit a record high in November, but only one insurer acknowledges investing in them and others seem coy, so far, to deep their toes in, as Vincent Huck finds out.

Australian regulator strengthens final climate financial risk guidance

APRA has published its final guidance for financial firms for managing financial risks of climate change, including tightened recommendations around kick-starting climate scenario analysis and encouraging the adoption of climate-related targets.

US insurers still behind Europeans on climate scorecard

Insure Our Future identifies major climate and fossil fuel laggards

Australia climate stress tests its five largest banks

The Australian Prudential Regulation Authority (APRA) has published details of an assessment of the country's five largest banks of their vulnerability to physical and transition climate risks.

Prudential makes $200m commitment to diversity, equity and inclusion

Prudential Financial has made a $200m commitment through the Prudential DEI Portfolio to private equity investments constructed with a diversity, equity and inclusion lens.

Investor groups outline Australian mandatory climate disclosure roadmap

The UN Principles for Responsible Investment (PRI), Investor Group on Climate Change (IGCC) and CDP have published a roadmap...

US climate disclosure tussle develops over SEC filings role

A tussle is developing over whether mandatory climate disclosures in the US should feature in the closely scrutinised annual regulatory filings or as a separate document, with some major firms opposing inclusion in annual filings but some significant investors backing such a move.

News round-up: Impax, NZAOA, Credit Suisse and Aviva

Net-Zero Asset Owner Alliance adds five members

News round-up: PGIM, Willis Towers Watson, Mirova, Credit Suisse and more