Swiss Re plots global exit from coal by 2040

Cecilia Keating
clock • 4 min read
St Mary Axe, known as the Gherkin, Swiss Re headquarters in London | Credit: Wikimedia Commons/Unsplash
Image:

St Mary Axe, known as the Gherkin, Swiss Re headquarters in London | Credit: Wikimedia Commons/Unsplash

Reinsurance giants revs up coal phase-out as it pledges to reduce carbon intensity of equity and corporate bond portfolios by 35 per cent by 2025

Swiss Re has announced it is to phase out thermal coal from its treaty reinsurance by 2040, in a move that has been billed by campaigners as a breakthrough for the global reinsurance industry. The financial...

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