Italian insurance giant to divest €2bn from coal

An Italian insurance giant has announced plans to divest €2 billion (£1.6bn) from coal. Generali aims to increase its exposure to green businesses instead, with plans to invest €3.5 billion (£2.9bn) mainly through green bonds and infrastructures. Group CEO Philippe Donnet said: “Protecting the environment and adopting effective actions to tackle climate change are central […]

Scottish Water faces questions from water watchdog

A Scottish water provider faces questions from the water watchdog about its relationship with a private insurance firm. Thousands of customers received letters in Scottish Water branded envelopes, which contained sales pitches made by private insurer, HomeServe. Consumer Focus Scotland said that public bodies, such as Scottish Water, should not be seen to favour one […]