ESG
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Ferma welcomes ‘important’ risk management role in draft EU Sustainability Reporting Standards
Ferma has welcomed the “important role” given to risk management in the first draft of the EU Sustainability Reporting Standards…
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FM Global offers $300m climate mitigation credit to policyholders
FM Global’s policyholders will collectively receive up to $300m as a credit to help them invest in climate mitigation. The…
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European companies face big ESG risks as they scramble to replace Russian minerals, warns Verisk
European companies in the mining sector and their wider supply chain will be exposed to a raft of ESG risks…
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Greenwashing emerging as major D&O liability risk
Greenwashing is emerging as a major source of liability for directors and officers as companies struggle to live up to…
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EU workers and carers gain extra rights as new directives come into force
It has been a big week for European workers as the deadline for EU member states to transpose the directive…
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Energy security risks creating new global divide over climate action, warns Verisk Maplecroft
Energy security risks are opening up a new global divide between the north and south, according to new research from…
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Risk managers must up their game to tackle cascading climate change risk ‘blindspots’, warns Verisk
Most companies and governments are “woefully unprepared” for the knock-on effects of climate change and are creating “risk blindspots”, warns…
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Risk Frontiers Benelux conference
Despite the huge challenges presented by Covid-19, supply chain shocks and Russia’s invasion of the Ukraine ESG continues to rise…
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Tesla faces consumer action in Germany over emission credits and GDPR compliance
The federation of German consumer organisations (VZBV) has filed a lawsuit against vehicle manufacturer Tesla that accuses the company of…
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Largest ASEAN companies making progress on climate change reporting but more work needed
New research reveals that many of the largest businesses in southeast Asia are now reporting on climate change risk, but…
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Risk management critical as financial firms rise to climate challenge
A senior adviser to the Bank of England has said that private sector banks and insurers have a “big risk…
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Experts warn raft of companies set to be hit by new human rights law in Norway
A new human rights due diligence law in Norway aimed at large Norwegian companies and foreign firms operating in the…
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Leading financial firms failing on oil and gas policies, tracker suggests
Less than 4% of the world’s top financial institutions have implemented policies to restrict oil and gas expansion, according to…
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3M settles ‘forever chemicals’ leak with Flemish government for €571m
A Belgium subsidiary of US manufacturer 3M has agreed to pay €571m to the Flemish government to settle claims that…
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Dutch airline KLM sued over ‘greenwashing’ adverts
KLM, the Dutch subsidiary of Air France, is being sued for refusing to stop allegedly misleading adverts that claim its…
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Insurers urged to keep focus on climate change solutions amid energy crisis
The insurance industry must not lose focus on combating climate change as the world grapples for short-term energy fixes, and…
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Days of cheap supply chains over as companies urged to reassess risk: TT Club
TT Club has warned that the days of cheaper supply chains are likely over as fundamental economic, societal and geopolitical…
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Gender pay gap widens among FTSE 100 directors to £690k
Female directors at FTSE 100 listed companies are paid 74% less than their male peers, with the average pay gap…
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GRI launches sustainability standard for food producers
The Global Reporting Initiative (GRI) has launched a sustainability reporting standard for all companies involved in producing crops, animals and…
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Exposure and effective government drives commitment to tackling climate change in emerging nations
Emerging countries that are most exposed to global warming and those with the most effective governments are showing the strongest…