All Climate Change articles
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NewsClimate crisis is ‘biggest long-term threat facing humanity’
Worries around climate change and the associated risks dominate global concerns, according to the latest report by international non-governmental and lobbying organisation the World Economic Forum (WEF).
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WEF Report: Climate inaction dominates global concerns
Top risks are climate crisis, growing social divides, heightened cyber risks and an uneven global recovery, as pandemic lingers on
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Axa extends oil and gas exclusions in fight against climate change
Axa has extended its oil and gas exclusions to help fight climate change and support the transition towards a low carbon economy.
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Large protests to disrupt Glasgow during COP26
While most will pass peacefully, there is the potential for mass disruption and an underlying threat of violence, warns Dragonfly
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Reinsurance bosses face up to systemic risks
Transparency is needed as re/insurers navigate the systemic risk potential of pandemics, cyber and climate change
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Just 30% of FTSE 100 firms are TCFD compliant
The UK government intends to make Task Force on Climate-related Financial Disclosures mandatory by 2025 - Marsh
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Special report: Climate change
Growing climate extremes are increasing our exposure to secondary perils
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Climate-crisis in an era of comply or explain
With unstoppable momentum towards zero carbon, how can risk professionals identify key risks and opportunities?
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Severe weather events drive global insured catastrophe losses of USD 42 billion in first half of 2021
A deep winter freeze, hailstorms and wildfires contributed to natural catastrophe losses of USD 40 billion in the first half of 2021, according to Swiss Re Institute’s preliminary sigma estimates.
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Aviva unveils seven steps to protect UK homes and businesses from climate change
Aviva has called for urgent action to make sure that UK homes and businesses are protected from the impact of climate change and extreme weather in its new report.
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Prince Charles and global insurance industry join forces on climate change
His Royal Highness (HRH) The Prince of Wales has launched a new Sustainable Markets Initiative (SMI) Insurance Task Force partnership during his visit to Lloyd’s of London today.
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Insurers are failing to use their influence to fight climate change - ShareAction
Some commentators believe ’the insurance industry is the single most annoying part of this whole climate puzzle’
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Environmental risks, climate change threatens megacities
Firms must align climate risk assessments with the recommendations of the TCFD to build greater resilience - Verisk Maplecroft
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‘Average’ Atlantic hurricane season to reflect more storms
Higher averages based on most recent 30-year climate record
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Climate change is the ‘biggest single investment opportunity’ for sector – Lloyd’s John Neal
Climate change is not a threat - instead it is the “biggest single investment opportunity” for the insurance sector in this lifetime, according to Lloyd’s of London’s chief executive John Neal.
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Reports
WEF: No vaccine for climate change
In 2020, the world saw the catastrophic effects of ignoring long-term risks such as pandemics - WEF Global Risks Report 2021
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Zurich puts environmental and social goals at heart of impact investment strategy
Zurich becomes first large institutional investor to prioritise the environmental and social goals of its impact investment portfolio
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Aon enhances its global tropical cyclone models with climate risk scenarios from Columbia University collaboration
This enhancement will enable insurers to quantify climate risk in their portfolios and make adjustments that will inform better decisions on pricing, investments and exposure management both today and over the long term.
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Willis Towers Watson buys climate change advisory business
Global advisory and broking business Willis Towers Watson (WTW) has bought climate change adaptation advisory and analytics business Acclimatise in order to broaden its service offering around physical climate risk and resilience.
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Reuters: Britain’s biggest fund manager expands engagement on climate
Britain’s biggest asset manager plans to increase the number of companies it assesses and engages with over climate change to help to accelerate global efforts to move to a low-carbon economy, it said on Wednesday.
