Swiss Re plots global exit from coal by 2040

Cecilia Keating
clock • 4 min read

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...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Investment

PwC: Investment in UK climate tech defies 'global decline' to reach £4.5bn

PwC: Investment in UK climate tech defies 'global decline' to reach £4.5bn

Funding for UK-based climate tech companies rises by almost a quarter as firms attract more than a fifth of global AI-related climate tech investment, PwC finds

Stuart Stone
clock 09 December 2024 • 3 min read
Global Briefing: Australia moves to end international finance for fossil fuel projects

Global Briefing: Australia moves to end international finance for fossil fuel projects

Australia confirms new fossil fuel finance policy, the World Bank announces $100bn of development funding, and plans advance of e-mobility services in East Africa

James Murray
clock 06 December 2024 • 7 min read
Where are the SDR Improvers and Mixed Goals?

Where are the SDR Improvers and Mixed Goals?

Naming and marketing rules have come into force, but is the market responding?

Cristian Angeloni
clock 03 December 2024 • 7 min read