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NN Group N.V. (NNGRY)

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22.52-0.39 (-1.70%)
At close: 03:58PM EDT
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  • Reuters

    Finance faces new nature-positive disclosure requirements

    Financial firms already struggling with climate-compliance due to unclear measurement metrics will soon face new disclosure requirements for biodiversity, or nature-related, investments. "Nature is a financial risk for business," Elizabeth Mrema, co-chair of the Taskforce on Nature-related Financial Disclosures (TNFD), told the Reuters Global Markets Forum, adding that $10 trillion is accrued every year from nature. The TNFD working group is putting together metrics to measure biodiversity targets in consultation with industry and financial institutions.

  • Reuters

    Dutch insurer NN Group expects to bring forward coal investment exit

    NN Group NV expects to accelerate its deadline to exit coal investments, now set at 2030, due to fears about Europe reverting to burning the fossil fuel, the Dutch insurer's CEO David Knibbe said on the sidelines of the World Economic Forum. "We do run the risk because of a lack of gas and oil that it is being replaced by coal produced in other European countries," Knibbe told Reuters in Davos on Wednesday. Knibbe said the insurer had not yet decided on the new deadline for phasing out its coal investments.

  • Zacks

    Goldman's (GS) Buyout of NN Investment to Boost Europe Presence

    Goldman Sachs' (GS) deal to acquire NN Investment from NN Group in an all-cash transaction will expand its Europe fiduciary management business.