Home › Insurance companies taking too big a risk on fossil fuels, report says
 

Keywords :   


Insurance companies taking too big a risk on fossil fuels, report says

2016-05-24 22:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The US insurance industry, the countrys second largest institutional investor in oil, gas and coal with $459bn in fossil fuel investments, needs to divest or face serious threats to its financial stability, according to a report released Tuesday. The report, funded by Ceres, a Boston-based sustainability advocacy group, analyzes investment data from the countrys 40 largest insurance companies, including Prudential, AIG, Metlife, State Farm and Allstate. The report doesnt quantify the potential...

Tags: report big companies taking

Category:Electronics and Electrical

Latest from this category

All news
»
28.06Cattle producers celebrate Supreme Court decision to rein in administrative overreach
28.06Diversified Labeling Solutions expands RFID capabilities
28.06Eastern North Pacific Tropical Weather Outlook
28.06Atlantic Tropical Weather Outlook
28.06Commitment leads to success in cattle marketing
28.06Kurz opens new facility in Germany
28.06Apex invests in Schepers laser engraving technology
28.06All4Labels opens first factory in Northeast Brazil
More »