Archive

  • Zurich follows Munich Re in withdrawing from the NZIA

    05 April 2023

    Zurich has become the second founding member to withdraw from the Net-Zero Insurance Alliance (NZIA) only days after Munich Re's departure from the alliance.

  • Vanguard sets 'laughable' net-zero pledge

    27 May 2022

    $8 trillion asset manager Vanguard has emphasised its "extreme laggard" status through its initial 'net-zero' pledge, according to campaigners.

  • BHP criticised as confirms oil and gas exit with Woodside deal

    17 August 2021

    Pressure has been building on BHP to exit its fossil fuel assets, but its proposed deal to shift its oil and gas assets to Woodside has been criticised - and considered 'disastrous' for Woodside shareholders and the environment. Ahren Lester reports

  • BlackRock promises 2021 climate vote record improvement

    10 December 2020

    BlackRock has announced it intends to vote more regularly for shareholder proposals on climate action, rather than relying on engagement as it had done in the past.

  • Science Based Targets initiative launches financial sector framework

    01 October 2020

    Science Based Targets initiative (SBTi) has launched its "breakthrough" pilot framework for financial institutions to set science-based climate targets, but campaigners were "disappointed" and "disturbed" by what they perceive to be shortcomings.

  • NYC pension fund calls on insurers to divest from coal

    27 April 2020

    The New York City Comptroller, who oversees the city's $218 billion pension fund, has called on three major US insurers to stop insuring and divest from coal.

  • Insurance, pandemics and climate change

    10 April 2020

    Insurers have long been aware of the risks of a global pandemic, but have failed to act. They mustn't make the same mistake on climate change, Peter Bosshard writes

  • What will 2020 bring for coal insurance?

    15 January 2020

    The year ahead could see new insurers join the industry's shift away from coal, says Peter Bosshard.

  • BlackRock announces expanded sustainable investment measures

    14 January 2020

    BlackRock has pledged to make sustainability its "new standard of investing," as it announced sweeping changes to its practices, including reducing exposure to thermal coal firms.

  • Insurers reach 'tipping point' on climate change

    29 November 2017

    Concerns about climate change are influencing the underwriting and investment policies of a growing number of insurance companies, finds Graham Cooper