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ClimateWise

ClimateWise supports the global insurance industry to respond to the opportunities associated with the zero carbon, climate-resilient transition.

ClimateWise is a global network of leading insurers, reinsurers, brokers and industry service providers united by a vision to build resilience to the risks and capitalise on the opportunities of the transition to a zero carbon, climate-resilient economy. The Platform is convened by the University of Cambridge Institute for Sustainability Leadership (CISL), which provides ClimateWise's Secretariat.  

Principles logo transparentMembers report annually on the integration of the six ClimateWise Principles across their business activities. The annual review informs governments, regulators and civil society on the insurance industry’s contribution to the zero carbon, climate-resilient transition.

Action research logo transparent

Members identify and actively address gaps in the knowledge on how the insurance industry can positively respond to the challenges and opportunities associated with transition.

 

 

Latest news from ClimateWise

3 June 2016 – New ClimateWise Insurance Advisory Council to engage global regulators on climate risk

Mountains and forest

ClimateWise announces members for its new ClimateWise Insurance Advisory Council.

Aware of the important role the financial system and its regulators need to play during a successful transition to a zero carbon, climate-resilient economy, the Council seeks to build on the momentum built following the global agreement reached at COP-21 in Paris last December to cap planetary temperature rises to below 2C.

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16 December 2015 – The Paris climate deal: did it change the world?

COP Paris perspective cropped

Read the speech given by Maurice Tulloch, Chief Executive Officer, Aviva UK General Insurance and Chairman of ClimateWise. 

The speech was given at the Energy and Climate Intelligence Unit event, hosted by Aviva London, which marked the launch of ClimateWise’s Annual Review 2015.

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More news


Thought leadership

Climate change and the insurance industry: the legacy of 2015

Flooded electricity pylonsClimate ChangeNatural resource securityLow Carbon transformationClimateWise

The global agreements signed in 2015 mean that demand for yet more progressive thinking and responses by the insurance industry are inevitable.

Insurers actively considering, responding to and disseminating their response to climate change are highlighting their commitment to maintaining a resilient and therefore profitable business over the long term.

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Rethinking insurance for sustainable development

Village after a typhoon

In the Cambridge Institute for Sustainability Leadership report on insurance, Fellow Dr Ana Gonzalez Pelaez called for access to insurance within emerging markets to be accounted for by regulatory environments in order to aid sustainable development.

However, from an insurance perspective, operating in emerging economies presents many challenges – requiring insurers to have to rethink insurance for these markets.

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AXA’s divestment announcement: a game changer?

Power station

AXA, one of the world’s largest insurance companies, has made a bold commitment to divest €500 million from coal and increase its investments in clean energy by €3 billion by 2020. 

It is unlikely to be the last announcement by the insurance industry on this topic in coming months, and a lot of emphasis will undoubtedly be placed on the divestment aspect of this commitment, but how significant is it really?

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More thought leadership

  

Members

Contact Tom Herbstein, Programme Manager, ClimateWise

| T: +44 (0)1223 768857 |
M: +44 (0) 7921 799925