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Insurers call for integration of climate science with cat modelling
27 November 2018Catastrophe risk modelling could be improved by integrating the latest climate science and a variety of technologies into the modelling framework, according to the Geneva Association.
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XL's adoption of Axa climate policy will cost €100m in premiums
27 November 2018Re/insurer Axa XL will adopt Axa’s climate policy on both sides of the balance sheet, following the French insurer’s recent takeover of XL Group.
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Eurosif observes substantial growth in engagement on sustainability
26 November 2018Significant growth in investor engagement on sustainability-related issues has been tempered by growing concerns of greenwashing, a Eurosif survey has found.
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Grey areas risk overshadowing a green taxonomy, says insurer
26 November 2018Assets currently considered as green could be put at risk of becoming stranded if they were found to fall outside the bounds of a green taxonomy, according to Michèle Lacroix, head of group investment at French insurer Scor.
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French insurers’ climate-related disclosures mostly ‘difficult to understand’, says WWF
26 November 2018French insurers' climate-related disclosures have improved, but the information is still often inaccessible and difficult to understand, according to research by WWF France.
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Principles for Responsible Banking launched with backing of 28 banks
26 November 2018The launch of a set of six principles seeking to commit banks to align with both the Paris Agreement and the UN’s Sustainable Development Goals (SDGs) has been hailed as a ‘global benchmark for sustainable banking’.
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Tool identifies natural capital risks and opportunities
26 November 2018The FTSE 100 index's vulnerability to risks caused by environmental disruptions has been outlined by a new tool.
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SDCL to raise £150m in energy efficiency float
23 November 2018A fund that will invest in energy infrastructure has launched a bid to raise £150 million by floating on the London market.
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EFRAG appoints European Lab Steering Group
23 November 2018The European Financial Reporting Advisory Group (EFRAG) has appointed a steering group for the European Corporate Reporting Lab.
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$10bn of green, social and sustainability bonds issued in a week
23 November 2018A surge of activity has boosted the green, social and sustainability bond market, with $10.1 billion of issuance in the space of week.