corporate social responsibility News
SOMPO Invests Additional $45M in One Concern, a Global Resilience AI Startup
SOMPO Holdings, one of Japan's largest insurers, is investing an additional $45 million in One Concern, Inc., an AI startup focused on building the global resilience market. The money is part of an ...
UN Sustainable Investment Group Reviewing Liberty Mutual Membership Over Coal Mine Controversy
UNPRI, a United Nations-backed network that promotes sustainable investment, is reviewing the status of Liberty Mutual as a signatory after receiving a complaint that the U.S. insurer is backing a ...
AXA Drops German Power Giant RWE as a Client Due to Coal Operations
AXA SA, France's biggest insurer, is dropping German energy giant RWE AG as a client in a decision that highlights how taboo the coal business has become. Not even an appeal from RWE Chief Executive ...
Zurich Insurance Declines to Renew Cover for Controversial Trans Mountain Oil Pipeline
Insurer Zurich has decided not to renew cover for the Canadian government's Trans Mountain oil pipeline, said a spokeswoman for the project, which is opposed by environmental campaigners and some ...
5 P/C Insurer CEOs Sign Pledge Promising Meaningful Corporate Social Responsibility
CEOs of some of the largest property/casualty insurers signed onto a new document, along with some of the nation's largest and most influential companies, urging corporate leadership for the benefit ...
Insurers Pressured by Activist Groups to Drop Coverage of Oil Sands Pipeline
A coalition of 32 environmental and indigenous groups on Thursday urged insurers to stop underwriting the Trans Mountain pipeline to pressure Canada to cancel its plan to expand the project which ...
Chubb Boosts Efforts to Slash Greenhouse Gas Emissions
Chubb is accelerating plans to go green within its own operations in a big way. The property/casualty insurance giant said it has a new companywide goal to slash its global greenhouse gas emissions ...
CSAA Touts 100 Percent Employee Volunteerism Rate in 2018
CSAA Insurance Group said it achieved a 100 percent employee volunteerism rate in 2018, news it released as part of its first corporate social responsibility snapshot. The AAA insurer said it was the ...