Climate change is one of the greatest, long-term risks facing the insurance sector.
The Association of British Insurers [ABI] has been vocal about climate change impact and the action needed. As reported in the ABI’s Climate Change Roadmap 2022*, the UK Insurance and Long-term Savings sector is committed to reaching Net Zero by 2050 and to the global target of a 50% reduction in emissions by 2030.
It aims to reach Net Zero within its own directly controlled operations by 2025 and by 2030, it aims to have engaged pro-actively with suppliers, to include supply chain emissions within the scope of the sector’s target of reducing overall emissions by 50%.
The industry recognises it has a key role in providing the scaled investment capacity that will be needed to phase out carbon-intensive activities and replace them with sustainable and renewable innovations.
A wider role in helping customers and stakeholders to adapt to a changing climate, helping them take action to reduce emissions, mitigate the impact of temperature rises and become more resilient to the effects of a changing climate also forms part of the road map.
Topics covered include:
- Greening the Bottom Line: How Insurers are Transforming Risks into Opportunities
- Beyond Compliance: Insurers Drive Climate Objectives Through Strategic ESG Integration
- Claims Management & ESG Principles. What is Changing?
- Supply Chain Monitoring To Manage New Risks.
Don't miss out on this opportunity to streamline operations and contribute to a greener future.
