Local governments can also declare a disaster emergency

Local governments also have the capacity to declare emergency zones in case of disasters, Pedro Ferradas, a sociologist specializing in risk management, pointed out on La Mula TV. In the ‘Al Filo’ program, Ferradas pointed out that there is little knowledge of local governments about the powers they have in cases of disasters, which is … Read more

Companies demand courage in sustainable transformation

Frankfurt German insurers want to play an important role in the sustainable transformation of the economy. As institutional investors, they have recently made great efforts to make their investments more climate-neutral and to align them with ecological, social and ethical criteria (ESG). In the insurance business, on the other hand, brokers and companies still see … Read more

EU supervision calls on banks to draw up ten-year climate plans

– Commerzbank Among other things, supervisors want to ensure that investors are transparently and reliably informed about the sustainability record. – (Photo: dpa) – – – – London The EU banking supervisors have called on the financial institutions in the international community to draw up ten-year plans for dealing with climate risks. The financial institutions … Read more

UBS probably closes every fifth branch in Switzerland

– Zürich The big bank UBS according to a media report, closes further branches in its home market Switzerland. The institute will be giving up 44 of the 239 branches by March, reports the “Neue Zürcher Zeitung” in its Tuesday edition. In 2020, the bank had already closed 20 branches. UBS wants to keep the … Read more