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Insurers Exit Net Zero Insurance Alliance as U.S. Political Pressure Builds

ESG Today

Signatory commitments included transitioning insurance and reinsurance underwriting portfolios to net-zero GHG emissions by 2050, through areas including underwriting criteria and guidelines, engagement with clients, the development of insurance solutions for low-emission and zero-emission technologies and nature-based solutions, among others.

Net Zero 128
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Register Now! - UN Global Compact Network UK Climate Action Summit - Delivering a Net Zero Future

3BL Media

DESCRIPTION: This week, the UN Global Compact Network UK is convening expert business, government, and civil society leaders to explore how businesses can implement nature-based solutions and the principles of a circular economy to scale holistic action on net zero! Register Now!

Net Zero 130
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S&P, UNEP Launch Methodology to Measure Companies’ Nature & Biodiversity Risk

ESG Today

S&P Global Sustainable1 and the UN Environment Programme (UNEP) announced today the launch of Nature Risk Profile, a new methodology aimed at enabling companies and investors to assess and analyze companies’ nature-related risks, including impacts and dependencies on biodiversity.

UNEP 113
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MAPFRE Exits Net Zero Insurance Alliance

ESG Today

Spanish insurance company MAPFRE announced today that it has decided to discontinue its membership in in the Net-Zero Insurance Alliance (NZIA), marking the latest in a string of major insurers exiting the UN Environment Program (UNEP)-backed climate action-focused industry group.

Net Zero 103
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Could the video game industry be key to levelling up on climate action?

Corporate Knights

Many of the large tech companies that manufacture games and consoles, such as Microsoft, Apple and Google, have committed to reaching net-zero by 2030. Sony has pledged to be net-zero by 2040, and Activision says it will reach that target by 2050. Other companies have less ambitious targets.

UNEP 259
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“Room for Improvement” in Climate Risk Tools – UNEP FI

Chris Hall

Climate risk tools available to financial institutions suffer from shortcomings in data inputs and scope, despite recent consolidation and technology innovation, according to a new report by the UN Environment Programme Finance Initiative (UNEP FI).

UNEP 98
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Canada on the defensive as global pressure mounts to phase out fossil fuels

Corporate Knights

Canada isn’t alone in its climate contradiction. The 2023 Production Gap Report , released by UNEP, the Stockholm Environment Institute and other partners, found that 19 leading energy-producing countries are planning to extract twice as much fossil fuel supply in 2030 as the maximum that can be burned to keep the world on a 1.5°C

UNEP 267