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Investors urged to use voting powers to push sustainability agenda
24 September 2018Prince Charles’ initiative for sustainable finance report says investors should divest where engagement has not borne fruit
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Sustainable investment needs a helping hand from regulators
06 September 2018It is time for regulators to use all the tools at their disposal to address the risks climate changes pose to the financial stability of the insurance industry, Aviva Investors chief responsible investment officer Steve Waygood warns
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European insurers call for reintroduction of equities recycling in IFRS 9
29 August 2018Ban misleads performance of long-term equity investment, says Insurance Europe
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Insurers rate poorly on ESG reporting and integration
21 August 2018A new report by research and rating agency Vigeo Eiris has ranked the insurance industry 23rd out 39 for environment, social and governance related performance. In particular the report highlights the industry's weakness in dealing with climate risk on both sides of its balance sheet. Vincent Huck reports
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Prince of Wales says insurers need to step up on sustainability
11 July 2018Events organised by the Prince of Wales can't be publicised, so it was a running joke among the attendees of his finance leaders' summit at St James Palace to ask how one had heard about the event. Surrounded by tapestries, art works, swords and powder guns hanging from the walls, 70 finance leaders were asked to commit to concrete actions to achieve the UN Sustainable Development Goals and the Paris Agreement. Vincent Huck got a glimpse through the door.
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Brazil becomes world’s first insurance market to commit to climate risk transparency
24 May 2018Latin America’s largest insurance market declared support to the Task Force on Climate-related Financial Disclosures.
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UK's matching adjustment proposals fall short of expectations - ABI
02 February 2018Progress in the right direction but criteria still too restrictive, argues association
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Axa's ESG lead supports mandatory disclosure of climate risk in asset portfolios
23 November 2017Financial disclosures on climate risk should become mandatory – as they are in France, according to Axa's head of environmental, social and governance (ESG) integration Sylvain Vanston
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Risk margin hampers insurers investing for social good, says ABI
17 July 2017Association argues Solvency II measure deters life underwriters from long-term investments
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'Bring it on': California commissioner bullish on fossil fuel divestment
14 July 2017Commissioner Dave Jones was threatened with legal action from 12 Republican attorney generals who oppose his fossil fuel investments disclosure initiative. The threats appear to have spurred Jones on, however. Callum Tanner reports