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ClimateWise

ClimateWise supports the insurance industry to better communicate disclose and respond to the risks and opportunities associated with the climate-risk protection gap. This is the growing divide between total economic and insured losses attributed to climate change.

Representing a growing global network of leading insurance industry organisations, ClimateWise helps to align its members’ expertise to directly support society as it responds to the risks and opportunities of climate change.

ClimateWise Principles

The Principles help members disclose their individual response to climate change. An annual assessment of each member and a collective public review of the ClimateWise community help inform regulators and the broader financial markets on how the insurance industry is responding to the challenges and opportunities they face.

Societal Resilience Programme

The Societal Resilience Programme convenes impact-orientated, collaborative research to help insurers proactively respond to the widening climate risk protection gap. Three core themes focus on the industry’s support for asset management, regulation, and resilient cities.

Insurance Advisory Council

The Insurance Advisory Council is comprised of C-suite executives from across ClimateWise’s membership base. It commissions high-impact research that helps regulators to fully understand the nature of climate risks impacting insurance and where insurers can support system-wide responses across the financial markets.

ClimateWise is convened by the University of Cambridge Institute for Sustainability Leadership (CISL), which also provides the Secretariat. Decisions and positions of the group do not represent the policies or positions of CISL or of the wider University of Cambridge.

Latest


Newly elected ClimateWise Managing Committee announced

1 May 2016 – ClimateWise elects its new Managing Committee, expanding its sectoral and geographic focus.

Newly elected ClimateWise Managing Committee announced - Read More…

The Paris climate deal: did it change the world?

16 December 2015 – Speech by Maurice Tulloch, Chief Executive Officer, Aviva UK General Insurance and Chairman of ClimateWise.

The Paris climate deal: did it change the world? - Read More…

Insurers continue to make steady progress in responding to climate change

23 November 2015 – The insurance industry is continuing to take steps to incorporate the risks of climate change across their business activities, an annual independent review of the insurance industry’s network ClimateWise reveals today. The 2015 review of the six ClimateWise Principles concludes that positive progress continues to be made in response to climate change, with average scores rising against 2014.

Insurers continue to make steady progress in responding to climate change - Read More…

A climate of change: ClimateWise Principles Independent Review 2015

November 2015 – The 2015 independent annual review of the six ClimateWise Principles shows improved scores for members of the insurance industry leadership group. Progressive insurance companies are considering their exposure to climate risks while also developing their role as societies' risk managers.

A climate of change: ClimateWise Principles Independent Review 2015 - Read More…