Goldman Sachs won't finance Arctic drilling or new thermal coal mines

The firm is the latest corporation to adopt climate change policies, following the steps of several major insurers.

By Bernice Napach | December 17, 2019 at 11:00 AM

Three months after the Trump administration announced plans to open the Arctic National Wildlife Refuge to oil and gas drilling, Goldman Sachs has pledged it will not finance drilling in the Arctic nor invest in new thermal coal mines anywhere in the world.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
Educational webcasts, resources from industry leaders, and informative newsletters.
Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

NOT FOR REPRINT

Catastrophe & Restoration

Corporate Risk

Emerging Risk

1 Five-star workplaces for new insurance pros

2 Real-life claims scenarios renters insurance covers

3 Allstate will insure California homes again, under one condition

4 Reinventing GL and BOP Programs: How Proper Risk Classification Can Boost Your Bottom Line

5 States with the least safe young drivers

Consulting
Consulting Leaders in Technology 2024
May 16, 2024 - Dallas

Consulting Magazine recognizes leaders in technology across three categories Leadership, Client Service and Innovation.
More Information
Consulting
Consulting Top Consultants 2024
June 27, 2024 - New York

Consulting Magazine identifies consultants that have the biggest impact on their clients, firms and the profession.
More Information
Real Estate
GlobeSt. Women of Influence (WOI) 2024
July 22, 2024 - Lake Tahoe

GlobeSt. Women of Influence Conference celebrates the women who drive the commercial real estate industry forward.
More Information

'Goldilocks principle' underpins long-term value from carrier M&A deals

By Steve Hallo | May 03, 2024

The biggest and smallest deals fail to garner the type of long-term success found in midsize, 'just right' transactions, ACORD reports.

'Goldilocks principle' underpins long-term value from carrier M&A deals

IBHS: The most hurricane-resilient coastal states in 2024

By Elana Ashanti Jefferson | May 03, 2024

This is expected to be an active hurricane year. Here are the states best-suited to withstand a storm, according to IBHS.

IBHS: The most hurricane-resilient coastal states in 2024

Tornado outbreak spawns more than 100 twisters in Great Plains

By Brittney Meredith-Miller | May 02, 2024

CoreLogic estimates that more than 7,000 homes and businesses may have been damaged or destroyed in these storms.

Tornado outbreak spawns more than 100 twisters in Great Plains

Commercial Property Preparedness: Bracing for Changing Risks link

eBook

PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now

Instant Insights /

Goldman Sachs won't finance Arctic drilling or new thermal coal mines

Want to continue reading?Become a Free PropertyCasualty360 Digital Reader

Dig Deeper

Trending Stories