Archive

NZIA ditches all emissions targets for insurers

The Net-Zero Insurance Alliance (NZIA) has scrapped all requirements for member firms to set and publish emissions reduction targets following a mass exodus of members in recent months.

Allianz to halt investments in new oil and gas fields

And will require 'net-zero by 2050' commitment from hydrocarbon producers

MAPFRE to halt investments in coal, oil and gas companies

IEA net-zero roadmap 'turning point' for energy sector ahead of COP26

After years of being judged a climate modelling laggard, the IEA has published a 'landmark' net-zero emissions roadmap which campaigners say raises the stakes for governments and companies ahead of the COP26 summit. Ahren Lester reports

German insurers are risking their climate credibility

By continuing to do coal business on the side and insuring new oil and gas projects, German insurers are putting their climate credibility at risk, warn Peter Bosshard and Regine Richter

Environmentalists highlight shortfalls in Allianz's climate targets

Calling on divestment from polluting companies and greater details on engagement strategy

Lloyd's commits to stop investing in coal, tar sands and Arctic energy exploration

News Round Up: MSCI, Sumitomo Life, British Standards Institution, and more

Sompo is first Japanese insurer to introduce restrictions on coal

Sompo has become the first Japanese insurer to introduce restrictions on its involvement with coal, although environmentalists argued its policy comes with "significant loopholes".

Insurers' oil and gas activities to be next under spotlight

Re/insurers around the world should limit their support for oil and gas projects and have until mid-September to explain the measures they are taking to reduce exposure to the sector, according to environmental NGOs.