Tag: climate change

ABI calls for action on flood insurance

ABI calls for action on flood insurance

The Association of British Insurers has warned that time is running out to ensure that UK home owners in areas at risk of flooding can afford to insure their properties in the future. A voluntary flood agreement between the government and the insurance industry expires in June 2013. Under the current agreement, which started in [...]

January 31, 2012 | 0 Comments More
Government supports climate change with electric car investment

Government supports climate change with electric car investment

Earlier this month, Business Secretary Vince Cable warned that the UK’s car industry will not receive any further funding from the Government but said it would consider investing in measures which would reduce emissions from cars and to help transform the UK into a low carbon economy. As a result, the Government has today unveiled [...]

July 28, 2010 | 0 Comments More
Shareholder eco-activism takes root in Australia

Shareholder eco-activism takes root in Australia

Australian Ethical Investments has announced plans to invest in ethically dubious energy firms with the aim of changing their business practices through shareholder activism. The Climate Advocacy Fund (CAF), launched today, will invest in big polluters with the aim of using shareholder influence to encourage firms to green themselves up. Companies will urged to rethink [...]

July 8, 2010 | 0 Comments More
Pension funds clueless on climate change risks

Pension funds clueless on climate change risks

Investors, insurance firms, and financial providers must engage with climate change or risk their business model becoming obsolete, an industry expert said this week. John Davies, head of business law and pensions specialist at the Association of Chartered Certified Accountants (ACCA), said getting to grips with climate change is in the best interests of all [...]

September 23, 2009 | 0 Comments More
Investors call for government climate action

Investors call for government climate action

More than 180 of the world’s biggest investors have called on world leaders to work together on fighting climate change. A collective statement from the investors, with collective assets of over $13 trillion, said all countries must commit to a low-carbon future. “From an investment perspective it is critical that developing countries, especially the highest [...]

September 17, 2009 | 1 Comment More