Zurich pledges not to underwrite new oil exploration projects

James Murray
clock • 2 min read
Zurich pledges not to underwrite new oil exploration projects

Major win for campaigners, as insurance giant further tightens fossil fuel underwriting policies

Zurich Insurance Group has promised to take "decisive" steps to reduce its exposure to fossil fuel projects and step up its support for the net zero transition, in a major victory for environmental campaigners....

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 developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Access our Intelligence Reports and exclusive data-rich studies on business-critical aspects of the green economy (BG Advanced members only)
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Risk

Credit: iStock

Climate risk reporting rules comes into force for large UK pension schemes

Pensions regulator issues guidance, as TCFD reporting becomes mandatory for UK pensions schemes worth over £1bn

Cecilia Keating, Stephanie Baxter
clock 03 October 2022 • 3 min read
New climate risk methodology launched for asset owners and investors

New climate risk methodology launched for asset owners and investors

Tool designed to provide investors and companies with greater clarity on the climate resilience of physical infrastructure

Cecilia Keating
clock 03 October 2022 • 2 min read
Government to explore how to clamp down on built environment emissions

Government to explore how to clamp down on built environment emissions

Government issues statement confirming it is to consider a series of recommendations from the Environmental Audit Committee (EAC) on how to decarbonise built environment to meet net zero

clock 03 October 2022 • 4 min read