ESG
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Cyber biggest risk in Allianz Barometer as pandemic fears recede
Cyber is the biggest business risk this year, knocking business interruption (BI) off the top spot into second place, with…
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Study finds corporate progress on UN’s Sustainable Development Goals but room for improvement
New research has revealed that four in five companies studied now include a commitment within their sustainability reports to the…
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DAC Beachcroft highlights ESG, class actions and social inflation as big issues for 2022
Environmental, social and governance (ESG), class actions and social inflation all feature prominently in the latest insurance predictions from DAC…
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Businesses must prepare for disorderly transition to net zero: WEF
Companies should prepare for a “disorderly transition” to a low-carbon economy, as climate change adaptation threatens to increase societal, economic…
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Aspen incorporates ESG into underwriting framework
Aspen said ESG factors are now built into its underwriting of credit and political risks, with the aim of generating…
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Covid-19 scars raise societal and climate risks: WEF
Growing inequality and political tensions in the wake of the pandemic will make it even harder to tackle climate change,…
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Corporates warned of likely rise in biodiversity litigation
Biodiversity litigation is expected to rise to become the “next frontier” of environmental claims, according to law firm Clyde &…
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Skuld joins zero-carbon shipping initiative
Marine insurer Skuld has joined the Maersk Mc-Kinney Moller Center (MMMC) for Zero Carbon Shipping to help decarbonise the maritime…
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Norwegian wealth fund rejects companies over ESG risk
Norges Bank Investment Management (NBIM), the entity that manages the Norwegian sovereign wealth fund, has removed nine companies from its…
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FTSE 350 boards double race diversity
The number of FTSE 350 companies with a director of colour on the board has more than doubled in a…
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UK managers fear rising personal liability over ESG issues, finds QBE survey
Senior managers at UK businesses fear they are facing higher levels of personal liability from their firm’s climate exposures and…
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Marine insurers back decarbonisation scheme
A number of marine insurers have signed up to an initiative designed to bring more transparency and urgency to the…
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Amrae members playing limited role in climate risks and unhappy with insurance solutions
French risk managers still play a limited role in managing climate change risks and are unhappy with the solutions offered…
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How risk engineering can help companies weather the sustainability challenge
The worldwide move to more sustainable working practices will have significant short-term disruptions for companies. But, argue Philip Brandl and…
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Greener supply-chain contracts on the horizon
Supply-chain contracts will increasingly include green clauses that could terminate deals if suppliers don’t meet specific environmental targets, according to…
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Atradius says ESG to shake up chemicals industry
ESG issues are at a “tipping point” for the chemicals industry as it sets new environmental targets to reduce carbon…
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Forthcoming GRI biodiversity standard gets EU and wider backing
A new Global Reporting Initiative (GRI) biodiversity standard has gained the backing of key organisations and will form the basis…
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Dutch insurers welcome clarity from EC on sustainable investment
The Dutch Insurance Association (Verbond van Verzekeraars) has welcomed the latest moves by the European Commission (EC) to significantly update…
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Study shows different levels of climate literacy throughout Europe
A study has revealed a worryingly low level of knowledge around climate change among European citizens. Less than one in…
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Swiss Re calls for European climate plan
Swiss Re’s chief executive has called for a proper European-wide plan to tackle climate change and direct investments to adaptation…
