“In many cases, investors are ridding themselves of fossil fuel investments to send a message to the markets about climate change. “We believe that ending institutional investment in companies that extract fossil fuels and contribute directly to climate change can help send a very powerful message that renewables and low-carbon options are the future,” New York City mayor Bill DeBlasio and London mayor Sadiq Khan wrote in a letter to The Guardian announcing their divestment plans last September.”Financial Times
July 29, 2019
“(R)idding themselves of fossil fuel investments (sends) a message to the markets about climate change.”
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Reputation insurance sends a message to the markets about the quality of governance, affirms trust, and reduces economic losses.
For a broader view of reputation risk, discover additional articles by Steel City Re here, mentions of Steel City Re here, and comments on newsworthy topics by Steel City Re here. To read an abstracted summary of reputation risk, see below.
Risk governance and management, risk financing in insurance captives, and risk transfer through reputation insurances comprise the constituent elements of a comprehensive enterprise reputation risk solution.
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