A coalition of business groups sued California to overturn a state law that would require thousands of companies to publicly report their greenhouse-gas emissions.
Tag: ESG
Getting ESG Reporting Ready and Uninsurable Risks: Takeaways From the WSJ Pro Sustainable Business Forum
Investors at the WSJ Pro Sustainable Business Forum lat Thursday said their interest in sustainability information remains high and executives said they are working to develop their data and capabilities even though mandatory reporting isn’t yet in force.
WTW Launches Climate Vista to Bridge Climate Skills Gap in the Boardroom
With shareholder, investor and regulatory pressure increasing, alongside the growing demand for climate risk and transition plan disclosure, Climate Vista is a new engagement tool designed to help company boards and senior management better understand their exposure to ESG and climate-related risks and opportunities.
Aon and Mergermarket Uncover Increase in Alternative Financing and ESG Scrutiny in Uncertain M&A Market
96 percent of respondents expect Environmental, Social and Governance (ESG) scrutiny in deals to increase over the next three years, including 48 percent who expect it to increase significantly.
Insurers Are in the Hot Seat on Climate Change
Insurers are raising premiums and are cutting back coverage because of more damaging storms and wildfires, made worse by climate change. They insure the fossil-fuel producers whose products are blamed for causing climate change. And, as big investors, they fund these same companies. Most try to promote their climate bona fides.
ESG Attacks Prompt Urgent Talks as Insurers Quit Climate Coalition NZIA
The world’s biggest climate coalition for insurers is set to hold emergency talks after a wave of defections revealed the extent to which anti-ESG rhetoric in the U.S. is unsettling members.
WTW Introduces New ESG Initiative Around Climate Risk Assessment
WTW today announced the introduction of Climate Risk Solutions for Corporate Risk & Broking (CRB) North America to help clients better manage their climate-related risks.
Companies Aren’t Sharing Climate Goals to Avert ‘Greenwashing’
Companies are increasingly attempting to shield their climate commitments from public scrutiny. According to a survey conducted by South Pole, a climate consultancy and carbon offsets developer, the phenomenon known as green hushing has become pervasive even as businesses set more ambitious internal targets. South Pole polled 1,200 large companies from 12 countries, all of… Continue reading Companies Aren’t Sharing Climate Goals to Avert ‘Greenwashing’
Carbon Metrics Alone Limited in Managing Risks and Opportunities of Net-Zero Transition
According to a survey of leading investment professionals conducted by WTW, a leading global advisory, broking, and solutions company, carbon metrics alone lack the forward-looking insights needed to assess the financial risks and opportunities of transitioning to a low-carbon economy. The vast majority of survey respondents (85%) rejected carbon metrics as the best way to… Continue reading Carbon Metrics Alone Limited in Managing Risks and Opportunities of Net-Zero Transition
Stronger ESG Risk Mitigation Practices Linked to Better Shareholder Returns
Companies that develop more responsible Environmental, Social, and Governance (ESG) practices and strive to mitigate ESG risks experience fewer ESG-related controversies and generate better shareholder returns. These are the key findings of two new research studies released by Moody’s Analytics showing that ESG risk management policies and actions, and the ESG scores that measure them,… Continue reading Stronger ESG Risk Mitigation Practices Linked to Better Shareholder Returns