Environment

The world's largest asset managers remain misaligned with the goals of the Paris Agreement due to their investments in the automotive, fossil fuel production, and electric power sectors.

Insurance companies suffered significantly higher losses from natural disasters in 2020 than they did the previous year, research from Munich Re has revealed.

Four in five organisations worldwide are planning to change how they use environmental, social and governance (ESG) metrics in their executive pay plans over the next three years, a survey has found.

A global initiative backed by investors responsible for $23trn (£17trn) in assets has warned that less than a quarter of the world's largest transport companies have emission reduction plans aligned with the Paris Agreement.

The new knowledge frontier

Investors with over $9trn (£6.8trn) in assets under management have called on Europe's largest companies to reflect the implications of delivering the Paris Agreement in their financial statements.

A new solution has been launched today to help institutional investors align their portfolios with the Paris Agreement's aim of limiting global warming to 1.5°C above pre-industrial levels.

Pension schemes, insurance companies, asset managers and banks will all be forced to disclose their financial exposure to climate change by 2025 under new rules unveiled by the UK chancellor Rishi Sunak yesterday.

The number of organisations that have expressed support for the Task Force on Climate-related Financial Disclosures (TCFD) has increased by 85% over the last year.

A new scientific study has linked 15% of worldwide COVID-19 deaths with long-term exposure to air pollution, with the figure rising to as high as 27% in East Asia.