Mark Carney

Manchester, UK, Friday 2 October 2015: Next week the International Cooperative and Mutual Insurance Federation (ICMIF) is to publicly endorse - during its Biennial Conference - a speech given by the Governor of the Bank of England, in which he urged the insurance industry and investors to help counteract the financial shocks that could be triggered by climate change.

ICMIF represents...

The Financial Stability Board (FSB) last week announced it is establishing an industry-led disclosure task force on climate-related financial risks under the chairmanship of Michael R. Bloomberg, former New York City mayor. The Task Force on Climate-related Financial Disclosures (TCFD) will develop voluntary, consistent climate-related financial risk disclosures for use by companies in...