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Posts by Y@DminG

Extreme Heat Puts Garment Factory Workers at Risk, Study Shows

Workers in some of the world’s biggest garment manufacturing hubs in Bangladesh, Vietnam, and Pakistan are increasingly exposed to extreme heat as climate change pushes temperatures up, a report found on Sunday, a problem multinational retailers and brands will have … Source: Claims Journal

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Shell, Greenpeace Settle Lawsuit Over Vessel Boarding

Shell Plc and Greenpeace reached an out-of-court settlement over a legal dispute that centered on climate activists boarding and occupying a Shell offshore vessel in the U.K. North Sea for 13 days. The London-based oil giant was claiming damages from … Source: Claims Journal

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Catastrophe Bonds See Investor Influx After ‘Fantastic’ Run

After emerging from an unusually active hurricane season with market-beating returns, catastrophe bonds are rapidly adding investors. Despite the increase in extreme weather — 2024 marked the ninth straight season in which the Atlantic basin suffered above-average storm activity — … Source: Claims Journal

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Moody’s: Northeast U.S. States in the Wildfire Spotlight

States such as California are certainly experiencing a more ferocious wildfire season this year than a relatively quiet 2023. Combined CAL FIRE and U.S. Forest Service figures record over 1 million acres burnt in California this year, way above the … Source: Claims Journal

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