All material subject to strictly enforced copyright laws. © 2022 Insider Engage is part of Euromoney Institutional Investor PLC.
Accessibility | Terms & Conditions | Privacy Policy | Modern Slavery Act | Cookies

ESG

  • The prospect of a long, hard market is driving businesses to make more use of self-insurance instead of handing premium over to carriers.
  • Climate change presents significant risk for the insurance industry on both sides of the balance sheet, and KBRA offers a new metric to help investors dimension an otherwise amorphous aspect of climate risk to specifically move beyond assuming the level of credit risk is related to total emissions.
  • Insurers can play a leading role in closing the protection gap by helping people plan to reduce the risk of disasters before they strike, and by providing financial help after, said Denis Duverne, chairman, Insurance Development Forum, and chairman of AXA, in an exclusive interview with Insider Engage.
  • As Russia’s invasion of Ukraine intensifies, the international conflict is disrupting global energy supply chains since Russia is one of the world’s largest oil exporters.
  • As Russia’s invasion of Ukraine intensifies, companies in the US, EU, and other regions are facing increasing stakeholder pressure to restrict services and product sales in Russia. In response, a growing number of corporations have taken measures to halt business there. Global corporate action on the Russia-Ukraine conflict underscores the growing role consumers are playing in international policy.
  • For a long time diverse-owned companies have faced a number of challenges when it comes to accessing capital, however business diversity programs are making this a thing of the past, enabling diverse-owned companies to expand their network and unlock potential business opportunities.
  • Over the past two years US insurance companies' interest in integrating economic, social and governance (ESG) factors into their investment strategies has grown significantly.
  • Carbon emissions reduction targets are often important goals for major cities today, with municipalities and local governments across the globe coming up with individual or joint plans based on existing mechanisms or ones that reflect the circumstances and priorities of a particular city.
  • The European Securities and Markets Authority (ESMA) issued a “call for evidence” on February 3 as it begins a formal review of the environmental, social, and governance (ESG) ratings market in the European Union (EU).
  • President Joe Biden signed the Infrastructure Investment and Jobs Act (IIJA) into law on November 15, investing $550 billion above baseline levels (the equivalent of approximately 1% of GDP) in US infrastructure over the next five years.
  • There has been a great deal of debate about what it will take for individual companies to reduce their carbon dioxide (CO2) emissions. Many argue that either a carbon tax or cap-and-trade program is the most viable option. Some even maintain that such policies should include all greenhouse gases (GHG), including methane and nitrous oxide.
  • This KBRA report is a follow-up to a research publication on KBRA’s general approach to incorporating environmental, social, and governance (ESG) factors in KBRA’s credit rating process across corporate, financial, and government (CFG) ratings, which we describe as ESG Management. While our previous publication provided a broad overview of KBRA’s ESG Management approach, this report focuses on the potential influence of ESG topics on KBRA’s analysis of corporate ratings. It is important to note that this research is not methodology. KBRA’s cross-sector ESG methodology can be found here.
  • Low interest rates and market volatility have pushed insurance asset managers into less familiar territory during the pandemic. Though appetite for alternative asset classes and responsible investing seems here to stay.
  • ACORD annually identifies the year’s Top InsurTech Leaders by evaluating vision, execution, and outcomes. Even during this past year of unprecedented challenges, the insurance technology community continued to drive growth and change throughout our global industry.
  • Insurance supervisors want wider transparency and disclosure on climate risk and not just greenwash.
  • In September 2013, Chicago’s city council and then-Mayor Rahm Emanuel adopted a building energy benchmarking ordinance that aimed to raise awareness of energy performance as well as unlock energy and cost saving opportunities for businesses and residents. The ordinance, which was fully phased in by 2016, calls on commercial, institutional, and residential buildings larger than 50,000 sf to track whole-building energy, defined as the usage of electricity; natural gas; and any other fuels to operate both common and tenant-occupied spaces. The ordinance requires information to be reported to the city annually and verified every three years by a licensed in-house or third-party professional. The law covers less than 1% of Chicago’s buildings according to Chicago.gov, but roughly 20% of total energy consumed across the city. While the ordinance does not currently require building owners to make mandatory investments, a 2019 energy benchmarking report published in April 2021 revealed $24.6 million in annual energy reduction savings between 2016 and 2019 (approximately $74 million in total) and a 15% decline in carbon emissions per building sf over the period.
  • This KBRA report is a follow-up to a research publication on KBRA’s general approach to incorporating environmental, social, and governance (ESG) factors in KBRA’s credit rating process across corporate, financial, and government (CFG) ratings, which we describe as ESG Management. While our previous publication provided a broad overview of KBRA’s ESG Management approach, this report focuses on the potential influence of ESG topics on KBRA’s analysis of corporate ratings. It is important to note that this research is not methodology. KBRA’s cross-sector ESG methodology can be found here.
  • Their size and diversified nature can foster long‑term change.
  • What is the difference in perception and resilience amongst business leaders to environmental risks, and are businesses fully prepared for the associated risks – such as pandemic, climate change, environmental damage, food security and energy transition?
  • The best-attended and the most thought-provoking strategic event for (re)insurance professionals, executives and advisers involved with the London market was back on the 24th of November 2021.
  • The focus of this year’s gathering at the 26th UN Climate Change Conference of the Parties (COP26) held in Glasgow, Scotland, on October 31-November 12, was to strengthen countries’ emissions reduction goals to limit global temperature rise to 1.5°C. Kroll Bond Rating Agency (KBRA) monitored the proceedings to understand how country commitments will influence international climate investment and spur the low-carbon transition worldwide.
  • The focus of this year’s gathering at the 26th UN Climate Change Conference of the Parties (COP26) held in Glasgow, Scotland, on October 31-November 12, was to strengthen countries’ emissions reduction goals to limit global temperature rise to 2°C and ideally closer to 1.5°C.
  • In a changing market, start-ups and “reloaders” can thrive with a clear purpose, the right talent and better tech and data capabilities.
  • This Kroll Bond Rating Agency (KBRA) report is a follow-up to a research publication on KBRA’s general approach to incorporating environmental, social and governance (ESG) factors in our credit rating process across corporate, financial and government (CFG) ratings, which we describe as ESG Management.
  • Kroll Bond Rating Agency Europe Limited (KBRA) has observed several converging trends that place a spotlight on merchant risk in European renewable project finance.
  • As the world’s eyes turn to Glasgow where COP26 is upon us, insurers are evermore expected to lead on climate and sustainability.
  • Insurers may be in line to receive a balance sheet boost if they back out from covering the oil and gas sector.
  • As the number of climate change-fueled disasters increases, insurers can help by educating policyholders, lawmakers and the global society about how to manage the growing risk.
  • This Kroll Bond Rating Agency (KBRA) report is a follow-up to a research publication on KBRA’s general approach to incorporating environmental, social, and governance (ESG) factors in our credit rating process across corporate, financial, and government (CFG) ratings, which we describe as ESG Management. While our previous publication provided a broad overview of KBRA’s ESG Management approach (summarized below), this research report focuses on the potential influence of ESG topics on KBRA’s analysis of midstream energy companies. It is important to note that this research is not a methodology. KBRA’s cross-sector ESG methodology can be found here.
  • Integrating ESG factors has the potential to provide a research edge.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree