Tag: climate

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

ZestyAI, a leading provider of climate and property risk analytics solutions, has announced that it has received approval from the Texas Department of Insurance for its comprehensive suite of Severe Convective Storm products.

The past few years have seen a lot of progress towards Environment, Social and Governance (ESG) practices. Countless banks and financial services have proudly highlighted their efforts in the space and outlined how they are trying to achieve greater sustainability. However, questions remain about whether there is enough transparency and accountability to ensure that real progress is being made.

The European Union (EU) has revealed new standards that are designed to combat greenwashing by adopting new rules aimed at ensuring the accuracy of environmental marketing claims made by companies.

The ECB and the European Systemic Risk Board (ESRB) have released a report on the impact of climate on the EU's financial system.

Gary Gensler, the US SEC chair, has issued a warning about the implications for thousands of US firms in the absence of domestic climate reporting rules.

The fifth EY Climate Risk Barometer has recently highlighted a significant trend in corporate climate reporting.

The Monetary Authority of Singapore (MAS) has issued consultation papers outlining guidelines for net zero transition planning for FIs. 

ESG proxy voting is rapidly emerging as a tool that shareholders are using to find a balance between profit maximisation and social impact. With environmental, social and governance (ESG) concerns in the limelight, the traditional boardroom proxy vote, once a mere formality, is now a powerful instrument for change.

In a significant shift, WTW has announced the appointment of Peter Carter as the leader for its revamped climate practice.