Fourteen global insurers worth over USD 3.5 trillion discuss how they manage the risks and opportunities of climate change.
The interviewees provide peers with practical ways to navigate an increasingly complex environment marked by escalating climate risks and regulatory pressure for better disclosure across underwriting and investment portfolios.
The report by ShareAction/AODP, called ‘Insuring a low-carbon future: A practical guide for insurers on managing climate-related risks and opportunities’, explores current leading practice, identifies common barriers, and presents a framework of industry-tested building blocks relevant for other insurers of all types. It also offers wider recommendations for policymakers, customers, insurers and their investors to help drive the industry towards aligning with a successful low-carbon and climate-resilient transition.