ESG Risk Review
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July 6, 2023
Aon and Asia Pac climate data and analytics firm in collaboration
Aon has formed a multi-year collaboration with Asia-Pacific climate data and analytics provider AbsoluteClimo. Aon said the aim was to…
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July 5, 2023
Business travel returns with added risk
Companies must do more to prepare their staff for business travel and ensure there is a greater focus on the…
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July 4, 2023
UK insurers offer guidance to business to become “nature positive”
The Association of British Insurers (ABI) says British businesses need help as they face up to the risks posed by…
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July 4, 2023
Climate scenario models are ‘benign’ and ‘implausible’, report warns
Climate scenario models in financial services significantly underestimate climate risk, with results “far too benign” and in some cases “implausible”,…
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July 4, 2023
UK backs away from mandatory deforestation due diligence
The UK government has rejected a key amendment to the Financial Services and Markets Bill that would force financial institutions…
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July 3, 2023
AXA in Spanish renewable energy deal
AXA is supporting the development of renewable energy in Spain with the signing of a ten-year Virtual Power Purchase Agreement…
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July 3, 2023
EU Deforestation Regulation that targets supply chains comes into force
The EU regulation on deforestation-free products entered into force on 29 June. This means that any operator or trader in…
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July 2, 2023
Some risk managers ‘tied in knots’ over ESG
Risk managers are clearly getting more involved with ESG risks but some are struggling to properly identify all their exposures…
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June 30, 2023
European business demands more ‘reasonable’ due diligence directive
A total of 36 groups representing European businesses have issued a joint statement on the planned EU Corporate Sustainability Due…
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June 29, 2023
WTW and Clyde & Co partner on climate liability risk exposures
WTW and Clyde & Co have announced a collaboration that will see the law firm’s climate legal and risk expertise…
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June 29, 2023
Australia plans to bring in mandatory climate risk reporting from 2024
The Australian Government has issued a consultation on plans to bring in mandatory reporting requirements for disclosure of climate‑related financial…
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June 29, 2023
New standard on DEI in the workplace from BSI
New guidance on diversity, equity and inclusion (DEI) in the workplace has been issued by the British Standards Institution (BSI).…
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June 29, 2023
Adani coal mine protestors occupy Probitas offices
Environmental protestors entered the London office of Lloyd’s insurer Probitas today, calling for the firm to stop underwriting the rail…
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June 29, 2023
German industry calls for reduction in red tape to cope with transition risk
German industry has called for a reduction in red tape, regulation and bureaucracy to help it cope with the painful…
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June 29, 2023
AXA targets 30% reduction in large commercial customer emissions by 2030
AXA said it will reduce the absolute carbon emissions of the largest commercial insurance customers in its portfolio by 30%…
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June 29, 2023
AGCS names global head of natural resources
Allianz Global Corporate & Specialty (AGCS) has appointed Anthony Vassallo to the newly created role of global head of natural…
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June 28, 2023
Strengthening DE&I through a culture of belonging at work
Creating a culture of belonging at work can enhance companies’ diversity, equity and inclusion (DE&I) efforts and gain better returns,…
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June 28, 2023
ISSB launches sustainability standards
The International Sustainability Standards Board (ISSB) has issued its inaugural standards – IFRS S1 and IFRS S2 — in a…
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June 27, 2023
Rowan Douglas joins Howden as CEO, climate risk & resilience
Rowan Douglas has been appointed as CEO, climate risk and resilience at Howden. The broker said Douglas’ role is to…
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June 27, 2023
Towergate survey reveals mismatch in wellbeing services
Health and wellbeing services offered by employers are failing to align with the support they think their employees need and…