IN-DEPTH: Legal Storm Brewing Over Insurers’ ESG Agenda

GOP representatives took a first step toward investigating a United Nations climate club for insurance companies this week, as club members, fearing antitrust actions, headed for the exits. 
IN-DEPTH: Legal Storm Brewing Over Insurers’ ESG Agenda
A satellite image shows Tropical Storm Hanna, which is expected to strengthen to a hurricane, in the Gulf of Mexico and approaching the coast of Louisiana on Oct. 27, 2020. NOAA/Handout via Reuters
|Updated:
0:00

GOP representatives took a first step toward investigating a United Nations climate club for insurance companies this week, as club members, fearing antitrust actions, headed for the exits.

In an Aug. 1 letter to Linda Thomas-Greenfield, U.S. Ambassador to the United Nations, Rep. James Comer (R-Ky.), chairman of the House Oversight Committee, wrote: “The U.N.-convened Net-Zero Insurance Alliance (NZIA) requires insurance company members to commit to transitioning their portfolios to net-zero greenhouse gas (GHG) emissions by 2050.
Kevin Stocklin
Kevin Stocklin
Reporter
Kevin Stocklin is a contributor to The Epoch Times who covers the ESG industry, global governance, and the intersection of politics and business.
Related Topics