Social Responsibility
Burn the Client or Burn the Carbon? AXA Grapples With Clean Energy Transition
The glass tower in Paris where AXA SA, one of the world's largest insurers, has its temporary headquarters looks as if a giant feral cat has ripped chunks out of it. In recent months that jagged ...
Casualty Underwriting: The Original ESG
Promoting Environmental, Social and Governance (ESG) performance has become a top priority of corporate executives and boards everywhere, including in property and casualty insurance. However, ...
AIG Commits to Net-Zero Greenhouse Gas Emissions in Underwriting, Investment by 2050
American International Group said it is committed to achieving net-zero greenhouse gas emissions across its global underwriting and investment portfolios by 2050. AIG already made a commitment last ...
‘Delay Means Death’ – UN Report Warns Window for Climate Action Is Rapidly Closing
Climate change is already disrupting billions of lives and humanity is not doing enough to limit the suffering, the United Nations climate science panel warned in a major report on Monday. Noting ...
ESG Litigation Over Social Issues Is Poised to Rise
Climate-related lawsuits like those filed against energy companies Exxon Mobil Corp., Shell Plc and PG&E Corp. have dominated ESG litigation in recent years. But there are signs an increase in ...
Major Companies Failing Net-Zero Climate Pledge Test: Report
The climate pledges of 25 of the world's largest companies will have only a limited impact on their actual greenhouse gas emissions, according to a new report. The Corporate Climate Responsibility ...
Zurich NA Launches ‘100 Acts of Caring’ Initiative to Give Back to Community
Zurich North America launched a new initiative in February called "100 Acts of Caring." Zurich employees will give back to their communities in 2022 by completing a minimum of 100 acts of caring ...
Hunter to Retire as CFA Director of Insurance
The man who served as the conscience of the property/casualty insurance industry for nearly three decades is retiring from a long-held post as director of insurance for the Consumer Federation of ...