Archive

UK told to adopt ISSB in full to encourage 'equivalence' with US, EU disclosures

The UK has been urged to adopt the International Sustainability Standards Board (ISSB) standards in their entirety, in a move that would support efforts to ensure 'equivalence' with US and EU requirements, respondents to a consultation said.

UK taskforce requests feedback on social factors in pensions investments

UK regulators propose rules on diversity and inclusion

The UK's financial regulators have issued consultations on improving diversity and inclusion (D&I) in financial industries, an issue that is "important to governance and firm-wide culture" and supporting effective risk management.

Insurers back drive for global sustainability disclosure standards

The International Sustainability Standards Board has launched a consultation on the issue

Pension carbon emissions framework launched

A carbon emissions template (CET) which will help pension schemes calculate their emissions has been launched by the UK's Investment Association (IA).

Sustainability: to regulate or not to regulate?

Financial regulation has a role to play in tackling climate change, but it cannot be a silver bullet. So the time has come for policymakers to step up their game, delegates at the Insurance and Climate Risk conference heard. Vincent Huck reports

Allianz exec refutes suggestion exiting coal is a 'PR stunt'

Allianz's head of regulatory strategy argues divestment is good risk management

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

Don't regulate us on climate change, say insurers

Watchdogs should not create a separate sphere of rules for insurers to combat the risks of climate change, underwriters have told the peak global supervisory association.

December's weather in US and UK likely to cost insurers $4bn

Last month's extensive flooding across the north of England and southern Scotland is expected to result in insurance payouts amounting to £1.34 billion ($1.9 billion), said the Association of British Insurers.