This week (2 November 2021), UK-based insurer Aviva has placed a one-page advertorial in the Financial Times (FT) which challenges policymakers and Governments to ‘Turn Talk into Action’ at COP26. Thanks to ICMIF’s collaboration with Aviva Investors (a Supporting Member of ICMIF) and also the Federation’s involvement with the International Panel for Climate Finance (IPCF) […]
In the lead up to COP26, UK-based specialist insurer and ICMIF member Ecclesiastical has been encouraging brokers to speak to their education clients about managing climate change risks as new research* reveals three quarters (76%) of UK school leaders believe their school is unprepared for the climate emergency. The UN’s IPCC 2021 report warned that […]
“A unique collaboration” is how Dutch ICMIF member Univé along with partners, cooperative banking group Rabobank and green energy supplier Greenchoice, describe the ambitious plans to take a big step together in the area of sustainable energy in the Netherlands. The goal is to remove harmful asbestos roofs from farms and other business premises, replacing […]
The Business Council of Co-operatives and Mutuals (BCCM) today called for the Australian cooperative sector to be included in national resilience and recovery planning after their vital contribution to rebuilding communities affected by the 2019/20 bushfires. Just on two years since the outbreak of the deadly fire season, a report released earlier this month by […]
African Risk Capacity is the first African company to join UN-convened Net-Zero Asset Owner Alliance
ICMIF member African Risk Capacity (ARC) Limited is the first African company to join the UN-convened Net-Zero Asset Owner Alliance. The Net-Zero Asset Owner Alliance was established in 2019 by eight of the world’s leading insurers and reinsurers and is a historic commitment to transition insurance portfolios to net-zero greenhouse gas (GHG) emissions by 2050. […]
Swedish ICMIF member Länsförsäkringar has announced that its investments in green, social and thematic (“sustainability-oriented”) bonds, on behalf of customers, will reach more than SEK 20 billion in the third quarter of 2021. Since the beginning of 2018, the mutual insurer says that investments have increased tenfold and now correspond to more than 16 percent […]
The Chair of the International Cooperative and Mutual Insurance Federation (ICMIF) will reveal later today during a high-level UN panel discussion as part of the 76th President of the United Nations (UN) General Assembly, how the Federation’s members are collectively investing some USD 570 billion in responsible investments, such as green bonds, social bonds and […]
ICMIF member IPB, Irelands only non-life mutual and the largest liability insurer in the state, has announced that its strategy to do business responsibly and sustainably has been formally evaluated by S&P Global Ratings. Assessed across Environmental, Social and Governance (ESG) dimensions of S&P Global Ratings’ assessment, IPB received a score of 73 out of […]
Canadian ICMIF member Red River Mutual has announced more winners of its community sponsorship programme, Spruce Up Your Story, designed to save and protect beloved spaces at the heart of the communities it serves — spaces that encourage togetherness, sustainability, volunteerism, and that have a connection with its broker partners and community members. From over […]
After adopting a proactive climate strategy for its investments in 2020, including a total exit from coal by 2030, French ICMIF member MAIF is extending its exclusion strategy to non-conventional fossil fuels and oil. The French mutual is also committing to join the UN-convened Net Zero Asset Owner Alliance, in order to contribute to achieving […]