Reuters reveals Lloyd’s of London ups climate pledge, to push members on net zero

Reuters revealed that Lloyd’s of London will join peers in scaling up efforts to cut carbon emissions and push members of the commercial insurance market to do the same, days before international climate talks got underway in Scotland. Lloyd’s has long been seen as a laggard on climate action, leaving decisions on whether to underwrite activities in a range of heavy-emitting sectors to its 100-odd syndicate members amid sharp criticism from activists.