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ESG Review-Course-correction underway among financial firms

ESG Review-Course-correction underway among financial firms

by AIP Online Bureau | May 1, 2025 | Eco/Invest/Demography, International News, Pandemic, Policy, Regulation

The upshot is a broad-based retreat from the environmental and social principles that initially led financial firms to look for hires outside their usual stomping grounds. As a result, many of the climate scientists and campaigners from nonprofits who were hand-picked...
Allianz scraps nuclear, military exclusions to back Europe’s rearmament drive

Allianz scraps nuclear, military exclusions to back Europe’s rearmament drive

by AIP Online Bureau | Apr 1, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

AGI wrote to its clients late last week to advise that its sustainable funds could now buy into companies that earned more than 10% of their revenue from military equipment and services. Germany’s Allianz Global Investors has dropped two exclusions blocking its...
Dismantling DEI- Many businesses in Europe and Asia stand firm on diversity initiatives

Dismantling DEI- Many businesses in Europe and Asia stand firm on diversity initiatives

by AIP Online Bureau | Mar 17, 2025 | Articles, Eco/Invest/Demography, Policy, Regulation, Workplace/Employee Benefits

US President Donald Trump In jurisdictions from the UK and the EU to Australia and Hong Kong — where inclusion measures have primarily focused on gender rather than race — companies are legally required to meet targets for board diversity, gender pay gaps, pay...

Europe’s insurers may face new capital rules for climate risk

by AIP Online Bureau | Jan 31, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life

The goal is “to ensure the continued protection of policyholders and the overall stability of the EU’s insurance market amid more erratic and damaging weather patterns,” EIOPA said Europe’s insurance watchdog has called for a recalibration of capital requirements to...

Climate change will lead to higher deaths in Europe, Study shows

by AIP Online Bureau | Jan 29, 2025 | Climate, Environment, Renewable Energy, International News

Researchers found that if planet-warming carbon emissions continue to rise, higher temperatures would result in some 2.3 million extra deaths by 2099 across 854 European cities. As Europe gets hotter, more people are expected to die from extreme heat, outweighing the...
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