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Finance GreenWatch » 2. Insurance

Martin Skancke appointed Chair of the PRI Advisory Council (PRI)

Martin Skancke appointed Chair of the PRI Advisory Council (PRI)

LONDON, 25 March 2014 – The Principles for Responsible Investment (PRI) today announced the appointment of Martin Skancke as the new Chair of its Advisory Council. Mr Skancke, a leading global advocate of long-term and responsible investment, will join the PRI on 1 April and will be based in Norway. He succeeds Dr. Wolfgang Engshuber, who completes his 3-year term as Advisory Council Chair this year.  … Read entire article »

Filed under: 1. BANK, 2. Insurance, 3. Securities firm, 4. Asset management & Pension

Former CEO to Steward UNEP’s Financial Partnership (UNEPFI)

Former CEO to Steward UNEP’s Financial Partnership (UNEPFI)

Charles Anderson, former CEO of Sovereign, New Zealand’s largest life and health insurance business, has joined UNEP to head up its Finance Initiative.  … Read entire article »

Filed under: 1. BANK, 2. Insurance, 3. Securities firm, 4. Asset management & Pension

Chinese catastrophe insurance scheme “to be launched within a year” (Insurance Insight)

Chinese catastrophe insurance scheme “to be launched within a year” (Insurance Insight)

Moody’s expert suggests Chinese social security reforms will help launch a government backed catastrophe scheme by the end of 2014.  … Read entire article »

Filed under: 2. Insurance

Rabobank, Storebrand Dump Fossil Fuel Companies (Environmental Leader)

Rabobank, Storebrand Dump Fossil Fuel Companies (Environmental Leader)

Storebrand and Rabobank have said they will divest from fossil fuel companies.Norwegian pension fund and insurer Storebrand says it has excluded an additional 19 coal and oil sands companies from its investment portfolio and Holland-based Rabobank told Dutch newspaper Trouw it will no longer lend money to companies involved in shale gas extraction, or make loans to farmers who rent their land to shale gas extraction companies. … Read entire article »

Filed under: 1. BANK, 2. Insurance, 5.Climate Change & Carbon

Principles for Sustainable Insurance create largest collaboration between United Nations and insurance industry (UNEP FI)

Principles for Sustainable Insurance create largest collaboration between United Nations and insurance industry (UNEP FI)

World’s insurers publicly disclose progress in implementing global principles,  a year after launch at UN Conference on Sustainable Development   … Read entire article »

Filed under: 2. Insurance, 6CSR

The Natural Capital Declaration – a statement by financial institutions for Rio+20(Outreach)

Being at the top of the corporate food chain, financial institutions (banks, investors, insurers and reinsurers) can have significant indirect impacts on biodiversity and ecosystem services through their customers, and direct impacts through their purchasing decisions. … Read entire article »

Filed under: 1. BANK, 2. Insurance, 3. Securities firm, 4. Asset management & Pension