climate risk News
Exxon Mobil Sues California Over Climate Disclosure Laws
Exxon Mobil sued California on Friday, challenging two state laws that require large companies to disclose of their greenhouse gas emissions and climate-related financial risks. In a complaint filed ...
ESG Being Dropped From Corporate Sustainability Report Titles
Large U.S. companies are adapting their communications to address corporate sustainability efforts and reporting, which has become more complex and scrutinized, according to a new report by The ...
What Forecasters Mean When They Warn of a 100-Year Flood
Weather forecasters sometimes warn of storms that unleash rains so unusual they are described as 100-year or even 500-year floods. Here's what to know about how scientists determine how extreme a ...
Climate Risks Threaten Trillions of Dollars in Real Estate: Study
New analysis by online real estate site Zillow highlights how climate change affects real estate across the U.S., with trillions of dollars' worth of real estate facing damage from flood, fire or ...
Insurers’ Climate Losses Almost Match Premiums From Fossil Fuels
Top insurance companies suffered $10.6 billion of climate-attributed losses this year, just shy of the $11.3 billion of direct premiums they underwrote for commercial fossil-fuel clients in 2023, ...
North Carolina Town Sues Duke Energy Over Climate Crisis
A town in North Carolina sued utility firm Duke Energy DUK.N on Wednesday, accusing the company of deceiving its customers and the broader public about the harms of climate ...
Supply Chain Risk Heightened by Climate Threats
Since acute and chronic climate risks, like floods and droughts, threaten damage and disruption to supply chains across critical industries, including the semiconductor manufacturing sector, it's ...
As Climate Risk Rises, U.S. Insurers Continue to Invest in Fossil Fuels
U.S.-based insurers have invested hundreds of billions of dollars in fossil fuel-related assets, which in turn contribute to the risk of climate-related damage to the underwriting side of their ...