Archive

UK regulator proposes tightened climate-risk disclosure demands

The UK financial services regulator has announced it is considering new climate-related disclosure requirements for most of the major firms listed in the country, despite disappointment from campaigners that its proposals were not mandatory.

Prudential Financial issues $500m green bond

First of its kind by US life insurer

Australian regulator to advise insurers on climate change response

Australia's insurance regulator is preparing a guide on the best practices for insurers in understanding and preparing for climate change, which it hopes will also help address a "data deficit" on the topic.

Australia's insurers to face climate stress tests in 2020

Australia's insurers are to undergo stress tests next year linked to the possible effects of climate change on assets they hold, reports say.

People Moves 20 December

BoE widens climate risk stress test to banks

The Bank of England (BoE) has outlined proposals to stress test banks and insurers on climate risk as part of its 2021 testing round.

EBA plans climate stress test

InsuranceERM survey: CROs take the lead on climate risk management

Survey of UK insurers reveal roles responsible for financial risks arising from climate change

Investing in the oceans

Investors targeting SDG14 – life below water – can find themselves fishing in murky waters, writes Joe Walsh

Spurring sustainable investments with capital charges

As sustainability makes its way into regulation, the question of capital charges punishing 'brown' investments or incentivising 'green' investments has come to the fore. While regulators are asking for risk-based evidence, stakeholders are not all in agreement on how to proceed. Vincent Huck reports