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ESG tag returned 120 results

  • Indonesia: Insurance sector ready to capture carbon exchange opportunities

    The establishment of a carbon exchange in Indonesia represents an opportunity for the financial industry, including the general insurance industry sector, says Mr Bern Dwyanto, the executive director of the General Insurance Association of Indonesia (AAUI).

    Asia | 29 Sep 2023
  • Fossil fuel subsidies surged to a record $7tn in 2022

    Fossil-fuel subsidies rose to a record $7tn in 2022 as governments supported consumers and businesses during the global spike in energy prices caused by Russia president Vladimir Putin's invasion of Ukraine and the economic recovery from the pandemic according to the IMF.

    Asia Risk | 30 Aug 2023
  • Township claims introduction of China's first forest biodiversity insurance plan

    China's first forest biodiversity insurance providing compensation for environmental damage caused by a range of factors from natural disasters to invasive species was introduced in Zhejiang province, in July, the local government announced.

    China | 18 Aug 2023
  • ESG credit indicators no longer part of reports

    S&P Global Ratings will no longer publish ESG credit indicators for publicly rated entities in its reports. However, these alphanumeric ESG credit indicators supplement the narrative paragraphs in its credit rating reports and these narrative paragraphs will continue to be a part of the rating agency's reports.

    Asia Risk | 16 Aug 2023
  • China: Online insurance platform company completes UN climate ambition accelerator program

    New York-listed Waterdrop, a leading Chinese technology platform dedicated to insurance and healthcare service with a positive social impact, recently completed the United Nations Global Compact's Climate Ambition Accelerator (CAA) program in Shanghai, becoming one of the program's inaugural China-based graduates.

    Asia | 11 Aug 2023
  • Boards admit they lag on ESG

    A majority (75%) of board members worldwide agree that a coherent ESG strategy helps to create sustainable organisational value and stronger financial outcomes, however, many corporate directors believe there are limited resources available to help tackle the specific areas of governance and environmental issues.

    Asia Risk | 09 Aug 2023
  • Japan: Major insurer launches forest restoration activities with football league

    Meiji Yasuda Life Insurance Company has joined "J.LEAGUE Climate Action Partner" and launched the "Forest to Weave the Future" project with J.LEAGUE, the Japan Professional Football League.

    Asia | 03 Aug 2023
  • Egypt: Insurers join efforts to reduce plastic pollution

    The Insurance Federation of Egypt (IFE) has outlined the role of insurance companies in addressing the risks of plastic pollution.

    Middle East | 31 Jul 2023
  • China's first white paper on green insurance development issued

    The Shanghai Insurance Exchange, Internet giant Tencent and the School of Economics and Management of the University of Chinese Academy of Sciences have issued jointly China's first local white paper on green insurance development.

    China | 21 Jul 2023
  • India: Regulator to allow pension funds to invest in sovereign green bonds

    The Pension Fund Regulatory and Development Authority (PFRDA) will allow pension funds to invest in sovereign green bonds, the chairman of the Authority, Mr Deepak Mohanty has said.

    Asia | 21 Jul 2023

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