Lemonade Inc.'s progress building out its European business since launching in June 2019 has been relativ...
Sompo confirms exit from Net-Zero Insurance Alliance
Japanese insurance group Sompo Holdings Inc. withdrew from the UN-convened Net-Zero Insurance Alliance (NZIA) on May 25....
Japanese insurance group Sompo Holdings Inc. withdrew from the UN-convened Net-Zero Insurance Alliance (NZIA) on May 25....
Article / 8 days ago
BNP Paribas' climate policy in focus as fossil fuel lending increased in 2022
BNP Paribas SA, the biggest fossil fuel financier among European banks in 2022, has toughened its climate policy following investor pressure, but gaps still remain in...
BNP Paribas SA, the biggest fossil fuel financier among European banks in 2022, has toughened its climate policy following investor pressure, but gaps still remain in...
Article / 16 days ago
UN-backed investors' group demands end to financing of oil and gas projects
A UN-sponsored group of institutional investors managing $11 trillion in assets called for the elimination of investment in carbon-intensive oil...
A UN-sponsored group of institutional investors managing $11 trillion in assets called for the elimination of investment in carbon-intensive oil...
Article / 2 months ago
Insurance giant Chubb to require emissions reductions of oil and gas producers
Swiss insurance giant Chubb Ltd. said it will stop writing insurance policies for oil and gas extraction projects that do not have "evidence-based" methane...
Swiss insurance giant Chubb Ltd. said it will stop writing insurance policies for oil and gas extraction projects that do not have "evidence-based" methane...
Article / 2 months ago
Path to net-zero: Europe's insurers stand firm on ESG goals amid energy crisis
An excavator removes topsoil in an open cast mine in Juechen, Germany. Berlin has restarted coal-fired power plants amid an energy crisis sparked by the...
An excavator removes topsoil in an open cast mine in Juechen, Germany. Berlin has restarted coal-fired power plants amid an energy crisis sparked by the...
Article / 6 months ago
Path to net-zero: Get-out clauses undermine insurers' climate targets
Several of the top global insurers are upping their efforts to cut carbon emissions from investment and underwriting portfolios, but gaps remain in their policies...
Several of the top global insurers are upping their efforts to cut carbon emissions from investment and underwriting portfolios, but gaps remain in their policies...
Article / 12 months ago
Chubb, Mapfre, Tokio Marine criticized over Brazil offshore oil cover
Environmental group Insure our Future says underwriting deep-sea oil and gas exploration by state-owned energy giant Petrobras is inconsistent...
Environmental group Insure our Future says underwriting deep-sea oil and gas exploration by state-owned energy giant Petrobras is inconsistent...
Article / 1 year ago
Path to net-zero: Oil, gas industry on trajectory to miss 2-degree climate goal
The number of oil and gas companies pledging net-zero carbon emissions by 2050 keeps increasing, which is key to meeting the Paris Accord's 2-degree limit...
The number of oil and gas companies pledging net-zero carbon emissions by 2050 keeps increasing, which is key to meeting the Paris Accord's 2-degree limit...
Article / 1 year ago
Pipeline operators face huge challenge preventing repeat of Colonial hack
With vulnerabilities expanding, threats multiplying and regulation developing, U.S. pipeline operators will have to rapidly scale up their cyber capabilities...
With vulnerabilities expanding, threats multiplying and regulation developing, U.S. pipeline operators will have to rapidly scale up their cyber capabilities...
Article / 1 year ago
Zurich unveils new curbs on fossil fuel underwriting
The insurer said it would no longer cover greenfield oil exploration projects and will fully phase out thermal coal by 2040...
The insurer said it would no longer cover greenfield oil exploration projects and will fully phase out thermal coal by 2040...
Article / 2 years ago
