Global Insurers Must Adapt to a Changing Climate to Survive
Climate catastrophe losses have been a feature of the insurance industry for years – the Hiscox results this week were a timely reminder that these events have real implications for earnings, profits and business strategy. Climate events made sure 2017 was an...
We Need a ‘High Ambition Coalition’ Within the Institutional Investment Sector
Christiana Figueres, the former Executive Secretary of the UN Framework Convention on Climate Change, is fond of reminding investors that global carbon emissions must peak in 2020 and bend steadily downwards thereafter. It’s a daunting proposition but the investment...
Norway’s Divestment of Oil and Gas: A Nordic Utopia or Just Economic Sense?
We review the logic behind Norway’s central bank’s proposal to reduce the exposure of the Government Pension Fund Global (GPFG) to quoted oil and gas equities.
FSB Task Force v 1.0 just the very beginning
“Events dear boy, events” was the famous quote by former UK Prime minister Harold MacMillan and has since been used as a paraphrase for every situation where planning and scope management are taken over by reality. This is the world of the FSB Task Force on Climate...