David Worsfold

The push-back on high profile ESG (Environment, Social and Governance) strategies has not stopped the growing interest among institutional investors in exploring how supporting nature and the natural world can be integrated into their approach to

A powerful alliance of European Union financial regulators is stepping up pressure for clearer definitions of sustainable finance that it argues are needed to support the green transition and boost consumer protection. The European Insurance and…

The challenges of aligning portfolios with ambitions to achieve net zero carbon emission targets are significant but can be faced, Claire Bews, senior credit portfolio manager at Insight Investments, told a recent Insurance Investment Exchange…

Insurance industry ambitions to forge a global alliance to ensure it makes an effective contribution to the drive to achieve Net Zero carbon emissions have crumbled in the face of threats from US lawmakers. The much-heralded Net Zero Insurance…

We haven't talked about ESG or net zero in a while. This is not to say it's not important, but other matters have crowded in ahead, as markets and sentiment prevaricate over each day's new data points. But the shadow cast by ESG continues to…

Seventy members of the Worshipful Company of Insurers and the Worshipful Company of Constructors sat down at Glaziers Hall last night to explore the challenges of creating genuine sustainability in the built environment. The key message that came out…

As BF seeks expressions of interest from members of the fencing community to form a new BF Environmental Sustainability Action Group, BF member David Worsfold asks members to think about their impact on the environment. Sport is facing increasing…

Turning the fine words of carefully crafted corporate environmental, social and governance strategies into a meaningful reality is one of the top priorities for general insurers. However, as David Worsfold discovers, it remains a complex challenge…

The future of the European Union’s green taxonomy is back in the melting pot as a fresh stand-off between the European Commission and European Parliament threatens to derail the already delayed policy. Hopes that the taxonomy, promised at the Paris…

AEJ Meeting with Climate Scientist Bob Ward on 29 October 2021 By financial and business journalist David Worsfold COP26 success hangs in the balance warns climate change expert Speaking to the AEJ via Zoom on the eve of the COP26 summit in Glasgow…

New guidance to help regulated firms manage climate-related financial risk has been published by the Bank of England's Climate Financial Risk Forum (CFRF) in advance of next week's COP26 conference opening in Glasgow. This is aimed at all financial…

The steady growth of the green bond market has accelerated during 2021 and is set for a further boost as the European Commission (EC) takes another step towards establishing standards for green bonds. The EC proposals are currently making their way…

Volatility is nothing new for insurance company investment managers but the causes and consequences of the current market challenges are different. This was one of the key themes of the latest Insurance Investment Exchange virtual seminar. Entitled…

Leading insurers, thought leaders and asset managers will gather next week to explore the investment environment for insurers as the major economies gradually emerge from the stormy waters of the pandemic into a new normal. The big questions are what…

Expectations are piling up on insurers to use their financial muscle to support global action to combat climate change ahead of the re-arranged COP26 summit, now due to be held in Glasgow this November. With Mark Carney (pictured) acting as the UN…

The Insurance Investment Exchange, in partnership with IFI Global and 3SG, has launched a survey of institutional asset managers to gather fresh insights into their responses to Environmental, Social and Governance (ESG) agenda.

Turning an investment portfolio green is going to be one of the defining challenges for insurers over the next decade. Russ Bowdrey, Team Lead, Client Servicing - Climate and ESG Solutions at Ortec Finance and previously Senior ALM Manager at Aviva,…

The Investment Association has urged investment managers to step up the pressure on boards over a range of key issues, with climate change and diversity at the top of the agenda. It said that managers should use the forthcoming reporting season to…

Green bond issuance rebounded in the second half of 2020 by just enough to enable the young market to maintain its decade long record of year-on-year growth. It reached US$269.5bn by the end of December, just 1.1% above the 2019 figure of US$266.5bn,…

The Company's iNED (Insurance Non-executive Directors) network is putting climate change at the top of its agenda for 2021. It will be the topic for the first of iNED's online forums for 2021 when Mazars host a webinar on the topic on 15…