Japanese insurers have been slow to move away from underwriting coal power projects, bucking global decarbonisation trends. Sompo is first to adopt a coal policy, although it's not aligned with the Paris Agreement. Its two big rivals are tipped to follow.
Six in 10 Prudential Singapore staff are women. Outgoing CEO Wilf Blackburn explains how addressing gender bias, ageism and hierarchy is helping the firm to achieve its main sustainability ambition: help people live longer.
Patricia Viel –
Covid-19 is forcing cities around the world to face the reality that they're ill-prepared for emergencies. It’s time to reinvent the modern urban center with an eye toward fully equipped health systems and state-of-the-art digital infrastructure that incorporates unanticipated risks.
Stan Dupré –
The European Commission's so-called “taxonomy” for classifying green investments should address three important questions. Unfortunately, the Commission's one-dimensional approach disregards two of the three, with potentially damaging consequences.
Asit Biswas and Cecilia Tortajada –
China’s CSR landscape has changed almost as much as its urban skylines over the last decade, but the next ten years should bring even faster progress. China’s people and their leaders are no longer willing to allow companies to ignore their operations' impact on human and environmental welfare.
Changing the energy-financing models of banks, or developing sustainability-linked loans and green bonds, will simply not be enough to facilitate the transition to a more sustainable economy. A new approach that is effective and scalable must take investors’ expectations fully into account.