The number of FTSE 350 defined contribution (DC) schemes that have incorporated environmental, social and governance (ESG) factors into their default investment funds has increased by almost half since last year.
A new interactive guide has been launched to provide pension funds with the tools needed to ensure their investments are not driving deforestation worldwide.
Fossil fuel gas and nuclear power will be included in the EU Taxonomy rules for sustainable investment activities following a vote by the European Parliament.
The Joint Forum on Actuarial Regulation (JFAR) has this week published an extensive report on the science of climate change and how actuaries can help mitigate risks.
Climate-related flooding and droughts are likely to impact millions more people and cost the world’s major cities $194bn (£158bn) annually by 2050, new research suggests.
The Glasgow Financial Alliance for Net Zero (GFANZ) has today launched a consultation on a new common framework for financial institutions to demonstrate the integrity of their climate plans.
New coal power capacity is becoming increasingly difficult to insure outside of China, with utilities now turning to inexperienced companies for coverage.
