When an international group of 77 institutional investors with more than $3tn in assets asked the world’s 45 largest fossil fuel companies to assess the risks that climate change poses to their business, they were aware they were asking a tough, complex question. Knowing this, investors launched the Carbon Asset Risk Initiative to spur fossil fuel companies to assess the risks […]
(CNN) — When climate scientist Rosina Bierbaum speaks, her central theme is the “roasted world” — a bleak picture of what the planet will probably look like if carbon pollution continues unchecked, leading to 4 degrees Celsius of warming by mid-century. Four degrees may not sound like a lot — but it would change our lives […]
Conversations about climate change and the insurance industry usually focus on catastrophic storms and their damaging financial ripples for insurance providers. Given skyrocketing extreme-weather losses in recent years, it’s surely a legitimate issue that should be making insurers re-think their business models. But insurers have another important role on the climate issue, which is how […]
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