ESG
-
German climate group loses legal action against BMW
A Munich Court has dismissed a lawsuit against BMW brought by German climate campaigners Deutsche Umwelthilfe that alleged failure to…
-
Buyers turning to cell captives in hard market
More policyholders are establishing protected cell captives as insurance rates continue to rise, experts said during the World Captive Forum…
-
Climate change: Tipping point looms
Munich Re’s latest analysis of total economic global natural catastrophe losses in 2022 shows a reduction compared with previous years. But the…
-
In-house counsel brace for tide of ESG related litigation
In-house general counsel and others working for corporations in North America are bracing themselves for a wave of ESG-related litigation…
-
Ferma lobbies EU council to prioritise cyber and sustainability risk transfer
Ferma has called on the Swedish presidency of the Council of the EU to focus on closing insurance protection gaps…
-
Action groups step up greenwashing efforts as directive hits EU parliament
Members of the ENVI Committee in the European Parliament have rejected a crucial amendment on carbon offsetting in the draft…
-
Swiss risk managers face up to new ESG reporting rules
Switzerland risk managers at firms regulated by the Swiss Financial Market Supervisory Authority (Finma) must get up to speed on…
-
European business calls for ‘realism’ on due diligence proposal
A group of leading European business organisations including BusinessEurope, Ecoda and Insurance Europe have joined forces to tell the EU…
-
German insurers agree to updated ESG guidance with greater focus on biodiversity
The German insurance association (GDV) has updated its sustainability guidance for members two years after it was first adopted, and…
-
Concern jumps over macroeconomic risks but cyber and BI retain top spots: Allianz Barometer
Macroeconomic risks and the energy crisis have shot up the ranking, but cyber and business interruption (BI) remain the top…
-
European financial firms call for further changes to sustainability reporting standards
European financial firms have called for changes to the European Sustainability Reporting Standards (ESRS), which they will have to apply…
-
Proportionality needed in CSRD to manage burden for smaller insurers and captives: GDV
The German Insurance Association (GDV) has called on the EC to ensure the principle of proportionality is properly applied to…
-
AXA Research Fund mandate renewed for scientific and risk research
AXA has renewed the mandate of its AXA Research Fund, a philanthropic scheme that invests in scientific projects, for a…
-
WEF warns one more systemic shock could be unmanageable
The window for action on the most serious global threats is “closing rapidly”, warns the World Economic Forum (WEF) in…
-
German court questions Greenpeace emissions case against VW
A legal case brought by Greenpeace against VW that challenges the car manufacturer’s carbon emissions has opened in Germany, with…
-
Zurich North America launches sustainability-focused captive
Zurich North America has launched a group captive that will offer auto, general liability and workers compensation coverage, while optimising…
-
Regulators to stamp down further on greenwashing in 2023, warns Clyde
Clyde & Co expects regulators to take a tougher stance on greenwashing this year as stricter regulations come into force.…
-
Danone to face French court over plastic ‘megapollution’
Three environmental groups are filing a lawsuit against Paris-based multinational food-products corporation Danone over its global plastic pollution under the…
-
Time to get back on the front foot
This has been quite a year for the European and global risk and insurance management community, and I am sure…
-
Tesco faces forced labour lawsuit over Thai factory
Tesco is facing claims of forced labour from 130 Burmese migrant workers at one of its clothing factories in Thailand.…