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To help achieve its goal, Marsh McLennan has selected seven carbon-offset projects across the world. -
The insurer has teamed up with several carbon-removal suppliers to help it achieve its new goal.
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The reinsurer will focus on three UN Sustainable Development Goals (SDGs) to help it achieve carbon-neutrality by 2050.
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Liberty Mutual will provide US and Canadian clients that sign up for Marsh’s tool with ESG risk advisory services.
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Data chief Anita Fernqvist will replace Keppel as UK COO.
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The carrier has already withdrawn cover for the top 5% of carbon-intensive oil and gas firms in the past year.
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Under new ESG policies, the Spanish carrier will no longer invest in coal, gas or oil companies lacking energy-transition plans.
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Growth plans are common in the market but there are questions about the level of rating adequacy.
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The global insurer has added a "net-zero emissions" goal of 2050 for investments and underwriting.
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The group aims to create a legacy for respected underwriter Nick Kilhams, who died in 2021.
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The IPCC has issued its bleakest warning yet on the impacts of climate change on the environment.
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The newly created role will see Neil Prior lead BMS’s global environmental and social responsibility initiatives.
