Our IBNR reserves include true IBNR reserves plus bulk reserves. Bulk reserves represent additional amounts that cannot be allocated to particular claims, but which are necessary to estimate ultimate.
New EU Emissions Trading System directive aims to accelerate pace at which ETS sectors are required to decarbonize, increasing the EU emissions reductions target to 62% by 2030,for the first time it encompass emissions from maritime transport and establishing CBAM
In the last couple of years, the European Union has announced and adopted a wave of sustainability initiatives that will have significant implications for European and global companies.