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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
By David Hood
Chubb shareholders voted against proposals Thursday asking the company to issue a report detailing the carbon footprint of companies it works with and another study revealing pay-equity gaps.
Proponents of the climate proposal said the Switzerland-based reinsurance giant isn’t doing enough to help reduce the greenhouse gas emissions from the companies it works with. A group of investors, represented by activist investor organization As You Sow, said Chubb is “actively amplifying the problem” of warming the planet.
“Chubb has not given investors sufficient information on the magnitude and extent of its insured, invested, and underwriting emissions,” the group wrote in …
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