Archive

Trucost launches climate change physical risk analytics tool

Trucost has launched an analytical tool to help companies assess their exposure to physical climate risk, as firms come under increasing pressure to assess and report the extent to which they are exposed to natural catastrophes.

EU carbon market update, 2 December

EU Allowances (EUAs) look likely to come under pressure this week, says Louis Redshaw*

WCI Carbon Market Update, 2 December 2019

The market for California Carbon Allowances has a more bullish tone after the 19 November auction, says Nicolas Girod*.

Insurers should lead on climate change action, says Eiopa chief

Insurers should be leading the way in tackling climate change, according to the chair of the European Insurance and Occupational Pensions Authority (Eiopa).

Swiss Re saluted for reducing coal underwriting and investment

Swiss Re has been doing more than other insurers to limit its exposure to coal on both sides of the balance sheet, a report by Unfriend Coal has revealed.

Carney named special envoy on climate

Bank of England governor Mark Carney has been appointed UN Special Envoy for Climate Action and Finance.

People Moves, 29 November

IASB clarifies climate expectations as Big Four face investor scrutiny

The International Accounting Standards Board (IASB) has clarified its expectations on disclosure of climate-related risks, as it emerged that a group of investors had pressured the Big Four accounting firms to focus more on climate.

ESG in fiduciary duty debate is over, says PRI

The debate about whether environmental, social and governance (ESG) issues are part of fiduciary duty "is now over", according to the Principles for Responsible Investment (PRI).

Observing the Green Climate Fund – notes from a parallel universe

As she steps down after four years as a private sector observer to the South Korea-based fund, Alexandra Tracy shares her reflections