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Standard Chartered to cease financing new coal-fired power stations
25 September 2018Standard Chartered has announced that it will stop financing any new coal-fired power projects, in any location, as part of its commitment to support the Paris Agreement on climate change.
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GPIF adopts S&P carbon efficient indexes for ESG strategy
25 September 2018Japan's Government Pension Investment Fund (GPIF) has selected two new indexes from S&P Dow Jones Indices (S&P DJI) as benchmarks for JPY1.2 trillion ($10 billion) of equity investments managed according to environmental, social and governance (ESG) criteria.
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RMS predicts up to $5bn insured losses from Florence
25 September 2018Insured losses from hurricane Florence, which caused widespread devastation across North Carolina earlier this month, will range between $2.8 billion and $5 billion, according to catastrophe risk modelling firm RMS.
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Aviva backs initiative to monitor corporate progress on SDGs
25 September 2018A coalition of public and private sector stakeholders, including UK insurer Aviva, have launched the World Benchmarking Alliance (WBA), with the aim of helping businesses do more to achieve the UN Sustainable Development Goals (SDGs).
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EU carbon market update, 24 September 2018
24 September 2018Further volatility in the price of EU Allowances (EUAs) is to be expected for the rest of the year, says Louis Redshaw
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Q&A with Aviva's Maurice Tulloch on Insurance and Climate Risk
24 September 2018To coincide with our Insurance & Climate Risk Americas conference, Environmental Finance conducted a Q&A interview with keynote speaker Maurice Tulloch, CEO, international insurance, at Aviva.
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Comment: Could Warren Buffett be wrong?
24 September 2018Peter Cripps asks whether the great Warren Buffett could have been wrong when he said insurers don't need to worry about climate change.
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People Moves: AXA, Lightsource BP, Triodos, Zurich
24 September 2018AXA Investment Managers (AXA IM) has set up a central responsible investment (RI) team, as it seeks to integrate environmental, social and governance (ESG) criteria into all of its investment platforms.
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Moody's devises methodology for assessing ESG credit risk
24 September 2018Moody's Investors Service has called for feedback on its proposed cross-sector methodology that describes the company's general principles for assessing environmental, social and governance (ESG) risks in its credit analysis globally.
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Nuveen charts course for zero carbon real estate portfolio
24 September 2018US asset manager Nuveen is developing a 'route map' to show how to make its real estate equity portfolio net zero-carbon by 2050.