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Banks reporting their energy supply ratios should be required to do so in a way that allows easy comparisons across institutions, writes Rémi Hermant, of Reclaim Finance, in American Banker BankThink.bit.ly/3A3pKql

Insurers must start with putting their own house in order - they invest in and underwrite billions in fossil fuel projects.

🌎 CLIMATE FINANCE NEWS 🌎 Proud to announce my support for a policy that would cease future investments by New York City public pension funds in midstream and downstream fossil fuel infrastructure. More: comptroller.nyc.gov/newsroom/nyc-c…

Italian insurer Generali, one of the world's largest, just expanded it's oil and gas exclusion policy to cover mid and downstream projects including LNG terminals and gas plants global.insure-our-future.com/generali-a-new…

Taxpayers may be more receptive to a backstop for insurance industry if it first put its house in order and stopped pouring billions into fossil fuel investing and underwriting.

Today we've published our 3rd report on the #netzero progress of Canadian life insurers. This time we've added the 2nd largest life & health insurer Great-West Life along w/ @SunlifeCanada & Manulife. Read the full report here: buff.ly/3YigAON > #ESG #Finance #Canada

"A new report shows the patchwork of progress at Canada’s big life insurers in their efforts to address climate change, and reduce their more than $90-billion in fossil fuel investments." 📰 The Globe and Mail via The Canadian Press theglobeandmail.com/business/artic…

Bay St is still acting like this doesn't affect it - and, that its current financing doesn't play a role. politico.eu/article/united…

Thank you Toronto Star and Richard Warnica for asking me to write about hurricane season in Florida, environmental and political thestar.com/opinion/contri…

GM would rather taxpayers support its more expensive vehicles (mostly SUVs) rather than compete with China to produce cheaper vehicles. A recipe for failure.

Yes, and maybe your members could stop making the crisis worse via billions into fossil fuel investing and underwriting?

Industry really doesn't like any accountability whatsoever - tell the truth and you'll be fine.

More legal risk for fossil fuels: gitanyowchiefs.com/news/for-immed…

This kind of case could be made against most Canadian oil and gas companies - none have a viable plan to reach their own net zero target.

Remember that this industry association is sponsored by and represents the likes of Enbridge TC Energy and FortisBC who claim to be aligned with net zero. nationalobserver.com/2024/10/25/new…

One of the world’s first legal challenges over corporate greenwashing kicked off in an Australian court, with an activist shareholder group claiming natural gas producer Santos Ltd. misled investors on its climate targets trib.al/SBB8cjQ

This guy just constantly talks his book - surprised that BNN Bloomberg can't find someone more objective.

“This isn’t complicated,” Sen. Whitehouse said in June. “Climate risk makes things uninsurable. No insurance makes things unmortgageable. No mortgages crashes the property markets. Crashed property markets trash the economy.” #Insurance #Climate #ESG thehill.com/future-america…