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People & Social News
Support for climate-related financial disclosures soars
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.
Friday 30th October 2020
Study links 15% of COVID-19 deaths to air pollution
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.
Wednesday 28th October 2020
Huge pandemic insurance protection gap uncovered
Property and casualty (P&C) insurers would have to collect business interruption premiums for 150 years to make up for the projected global output losses related to COVID-19 in 2020.
Tuesday 27th October 2020
Global assets under management top $100trn for first time
Assets under management (AUM) at the world’s 500 largest asset managers exceeded $100trn (£76.8trn) for the first time last year – totalling $104.4trn.
Monday 26th October 2020
Asset managers failing to consider gender diversity
Less than half of asset managers around the world consider gender diversity when researching potential investments, despite recognising its importance within their own firms.
Wednesday 21st October 2020
Netherlands tops global pension ranking
The Netherlands has topped a global ranking of pension systems covering almost two-thirds of the world’s population, with the UK languishing in fifteenth place.
Wednesday 21st October 2020
Blockchain 'tipping point' forecast in 2025
Blockchain technologies will reach a tipping point in 2025 and be adopted at scale across the global economy, boosting GDP by nearly $2trn (£1.5trn) over the next decade, forecasts by PricewaterhouseCoopers (PwC) suggest.
Wednesday 14th October 2020
Investors report growing ESG engagement
A growing number of investment firms are incorporating environmental, social and governance (ESG) metrics into their decision-making worldwide, an annual survey by Russell Investments has uncovered.
Monday 12th October 2020
Employer health care costs to rise by 8% in 2021
Employer-sponsored health care benefit costs are expected to increase by more than 8% around the globe next year, a survey of medical insurers by Willis Towers Watson (WTW) has found.
Friday 9th October 2020
Science-based climate targets unveiled for financial services
Insurers, banks and institutional investors worldwide can now validate their climate goals through the Science Based Targets Initiative (SBTi) for the first time.
Wednesday 7th October 2020