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The latest developments in sustainable finance: Two-thirds of fashion companies face human rights controversies; insured catastrophe losses up 22 percent.
European Union flags
French insurance giant’s Patricia Plas tells RI that Axa is agnostic about where transition should be included, but stresses that it needs to be addressed.
Move comes as German faith investor calls on asset managers to engage with sector.
The latest developments in sustainable finance: PRI turns attention to investors’ role in promoting decent work as BoE issues warning to banks and insurers on climate.
Capital requirements not the best tool for addressing climate change, says chief of UK prudential regulator, as UK central bank publishes second-round results of pioneering climate stress test.
BNP Paribas has separately signed a revolving credit facility with Ant Group linked to green targets.
Our Earth Day snapshot of attitudes to the climate crisis across the industry paints a worrying picture.
The latest developments in sustainable finance: NZIA developing target-setting protocol for insurance underwriting portfolios, United States support Ocean Risk and Resilience Action Alliance.
The latest developments in sustainable finance: new industry collaboration to develop biodiversity targets for financial institutions; British pension savers will have access to more educational resources through new campaign; the Economist launches ESG rating service.
The latest developments in sustainable finance: 94 FTSE100 companies have at least one ethnically diverse director, Japanese investors complain of engagement difficulties.
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