Companies such as Toyota Motor Corp. and Ford Motor Co. have...
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Infants, older adults in India exposed to more heatwave days in last decade, Lancet report reveals
Estimating economic impacts of heat in India, the report found that...
India updates biodiversity action plan, to conserve 30pc areas by 2030
Reducing threats includes eight targets focused on major...
Climate change made extreme heatwaves in India 100 times more likely: Study
"With temperatures exceeding 50 degrees Celsius in recent days, it is clear the current heat wave is an extreme weather event affecting communities and livelihoods," Professor Peter Stott, Met Office Science Fellow in Climate Attribution, said in a statement Climate...
India Inc improving ESG disclosures gradually: Crisil
Assessment of 586 cos shows 14 in ‘leadership’ category, 73 ‘below average’ and ‘weak’ Said Amish Mehta, Managing Director and CEO, CRISIL, “ The uptake of sustainability in decision making is very piecemeal in India Inc because of a lack of stewardship, and fiduciary...
Climate Change: Greenhouse gas, sea level rise, ocean heat hit new records in 2021
"Extreme weather has the most immediate impact on our daily lives. Years of investment in disaster preparedness means that we are better at saving lives, though economic losses are soaring. But much more needs to be done, as we are seeing with the drought emergency...
Climate Resiliency: Insurers need to fundamentally change business models
World Property and Casualty Insurance Report 2022: research suggests that only 8% of insurers are resilience champions; 73% of policyholders rank climate change among their top concerns “The impact of climate change is forcing insurers to step up and play a greater...
Heat waves, floods and heavy rain: India battling climate change and it is getting worse, warn experts
The scientists said if the frequency of heat waves continues as is predicted, these will adversely impact food, water and energy security in the region New Delhi: The spectre of climate change is here to stay and even worsen, say climate scientists as searing winds...
Poor workers bear the brunt of India’s heatwave
More than two dozen people have died of suspected heat strokes since late March, and power demand has hit multi-year highs Federal government data showed that heat stress was the most-common cause of death, after lightning, from forces of nature in the last twenty...
World ‘at a crossroads’ as droughts increase nearly a third in a generation
From 1970 to 2019, weather, climate and water hazards, accounted for 50 per cent of disasters and 45 per cent of disaster-related deaths, mostly in developing countries. By 2030, an estimated 700 million people will be at risk of being displaced by drought.By 2040, an...
Lloyd’s of London AGM goes virtual on activist threat
Since Lloyd’s sent out invitations for the May 19 AGM on April 19, “the risk of disruption has significantly increased,” Chairman Bruce Carnegie-Brown said in a notice on the market’s website dated May 10 London: Commercial insurance market Lloyd’s of London is...
AXA, Unilever to join new 1 bln euro regenerative agriculture fund
The companies each aim to invest 100 million euros into the fund They said they signed a memorandum of understanding to establish a new private equity "impact" fund dedicated to enhancing biodiversity and mitigating climate change by scaling up regenerative farming,...
Shipping losses fall, but Ukraine war, costly issues with large vessels muddy the waters: Allianz
“The insurance industry is likely to see a number of claims under specialist war policies from vessels damaged or lost to sea mines, rocket attacks and bombings in conflict zones.Insurers may also receive claims under marine war policies from vessels and cargo blocked...