For the math to pencil out, carbon projects need to eliminate CO2 for a similarly long period of time. But many offset projects store CO2 in fragile ecosystems prone to re-releasing heat-trapping gases.

In North America employer risk and ESG regulation are the top concerns, according to Beazley's Risk & Resilience report: Spotlight on Boardroom Risk 2024.

MMA says some risky-sector issuers in the area hit hard by the hurricane may be pushed into technical or payment defaults.

Data fraud, questionable accounting practices and intensified catastrophes are just some of the issues that have battered the voluntary carbon market.

The Net Zero Insurance Alliance will instead be replaced by the Forum for Insurance Transition to Net Zero (FIT), convened and led by the United Nations Environment Programme, according to a statement on Thursday.

The path to achieving sustainability for auto insurers is an understandably complex operation.

The insurer is exploring new avenues to promote pet health insurance and bring awareness to the industry.

In the quest for enhanced corporate sustainability, the integration of innovative technologies is ushering in a new era of reporting capability and transparency.

Research from Deloitte and Gamma Iota Sigma reveal insights to help shape recruiting strategies.

Nearly one-third of public companies are using artificial intelligence in their financial reporting, according to a new survey.

Panelists emphasized the significance of a comprehensive data strategy and ethical AI use, along with the industry's potential for innovation.

This year, in the spirit of innovation, Accenture used generative artificial intelligence to help distill and uncover trends, feeding submissions securely into its gen AI model.

In other news: Foresight, a workers' comp insurer, welcomes new commercial insurance underwriter.

Mario Greco, who led his firm out of the Net Zero Insurance Alliance earlier this year amid a wider exodus from the group, has spoken out against the network of voluntary climate alliances that represent some of the biggest names in global finance, calling them "political and bureaucratic."

Releasing an ESG report prepares you to address potential risks hidden in operations.

Biodiversity — including pollinating bees, marine life, rainforests and agricultural soil — is declining at an unprecedented rate as a result of exploitation, land-use change, pollution and extreme weather.

So far, little is known about how the fire will impact BigCoast's carbon removal capacity or how much carbon has been released.

The exuberance surrounding artificial intelligence has driven a lot of capital into a small corner of the market in a very short space of time, and that has implications for tech-heavy ESG funds.

New technologies have the capability to provide an analysis of potential exposures.

The soaring number of firms disclosing their workforce demographics is bringing sobering numbers to light and displaying the shortcomings of available statistics.