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Mark Carney, UN Race to Zero campaign and COP26 Presidency launch Net Zero Financial Alliance with world’s biggest banks
The Glasgow Financial Alliance for Net Zero (GFANZ), chaired by Mark Carney, UN Special Envoy on Climate Action and Finance, unites over 160 firms (together responsible for assets in excess of US$70 trillion) from the leading net zero initiatives across the financial system to accelerate the transition to net zero emissions by 2050 at the latest.
All GFANZ member alliances must be accredited by the UN Race to Zero campaign. They must use science-based guidelines to reach net zero emissions, cover all emission scopes, include 2030 interim target setting, and commit to transparent reporting and accounting in line with the UN Race to Zero criteria.
Mark Carney, UN Race to Zero campaign and COP26 Presidency launch Net Zero Financial Alliance
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Over 500 delegates to grace ICEA Lion insurance forum
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Χορηγός η Interamerican σε συνέδριο για τα κριτήρια ESG
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IUMI renews focus on a sustainable, resilient and innovative future for marine insurance
Speaking at its Spring Meeting held online last week, Richard Turner, President of the International Union of Marine Insurance (IUMI) reinforced the association’s focus on facilitating a sustainable, resilient and innovative future for the marine insurance industry.
Richard Turner explains: “Environmental, Sustainability and Governance (ESG) issues are impacting all forms of business, including marine insurance. We believe that our industry will be affected in three ways. Climate change and the related rise in sea levels will impact the frequency and severity of claims. The evolution of the transport assets we insure and changes to the cargoes we protect will also be significant and we are already seeing the impact as the industry adopts low sulphur fuels. And third is the sustainability of our clients and the industries in which they operate. It is becoming increasingly clear that some ind