by AIP Online Bureau | May 13, 2025 | Banking & Bancassurance, Climate, Environment, Renewable Energy, International News, Policy, Regulation, Risk Management
The oversight body of the world’s forum for banking regulators met on Monday to take stock of the committee’s work on climate-related financial risks and agreed to prioritize efforts to understand financial risk implications of extreme weather events, the Bank for...
by AIP Online Bureau | May 13, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology
The civil suits are linked to a 2017 decision by the European Commission to fine Google €2.4 billion for illegally leveraging its search dominance to give its own shopping service an edge Alphabet Inc.’s Google is facing at least €12 billion ($13.3 billion) in damage...
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...
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...
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...