Lloyd’s of London announces climate targets

UK’s insurance marketplace and home to Carney’s ‘Tragedy of the Horizon’ speech promises to cut ties with coal, oil sands and Arctic energy exploration

Iconic insurance marketplace Lloyd’s of London has set “publicly accountable” targets for its members’ “responsible underwriting and investment”, including phase-out plans for insuring thermal coal, oil sands and new Arctic oil exploration. 

Mark Carney, then Governor of the Bank …

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