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ClimateWise

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, as part of the Centre for Sustainable Finance, is uniquely placed to bring together the insurance industry and related organisations with world class academic expertise and global sustainability leaders to collectively and innovatively tackle climate change. 

Decisions and positions of the group do not represent the policies or positions of CISL or of the wider University of Cambridge.

Areas of focus


Disclosure

Disclosure

ClimateWise members are required to annually disclose their firm’s response to climate change through the ClimateWise Principles framework (link). Member reports are independently assessed, scored and benchmarked as a means to track and incentivise progress year on year. A collective public review (link) is published each year which serves to inform regulators and broader financial markets on the insurance industry’s response to climate change.

Research

Research

ClimateWise undertakes impact-orientated, collaborative research to help insurers and the wider financial sector proactively respond to the risks and opportunities posed by climate change. Three core themes focus on the industry’s leadership, regulation and climate-risk.

Convening

Convening

ClimateWise membership is open to all (re)insurers, brokers and other insurance industry service providers globally who are leaders, or aspire to play a leadership role, in supporting the insurance industry respond to the risks and opportunities of climate change.

The Insurance Advisory Council is comprised of C-suite executives from across ClimateWise’s membership base. 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

"ClimateWise is an important initiative, assisting the insurance industry in its important role to build societal resilience. Insurers have unique insights into the risks that the world is facing and the ClimateWise Principles provide guidance to share this knowledge more broadly; so informing public policy and supporting the identification, understanding and management of climate risk. Through decisive action, insurance companies can facilitate the transition a low-carbon economy that is resilient to a changing climate, while reducing the climate risk protection gap."

Anna Sweeney, Chair of the Sustainable Insurance Forum and Executive Director, Insurance, Bank of England

 

Meet the team


Dr Bronwyn Claire

Dr Bronwyn Claire

Senior Programme Manager

 

Rachel Austin

Rachel Austin

Project Manager

      

Meng Lian LiMeng-Lian (Lily) Li

Project Manager

Thom Marx

Thom Marx

Project Co-ordinator


 

 

 

 

 

 

 

 

 

 

 

 

 

Latest


ClimateWise Thought Leadership: The value of ecosystem resilience to insurers

June 2012 – In 1992 in Rio de Janeiro, Climate Change, Biodiversity and Environmental Degradation were put on the international agenda at the first Earth Summit. Twenty years later nobody can ignore that human development and economic growth rely on healthy and resilient ecosystems but all too often we do, perhaps because it is easier to compartmentalise issues and believe that someone else will deal with the complexity.

ClimateWise Thought Leadership: The value of ecosystem resilience to insurers - Read More…

Moving beyond the uncertainty of climate change risk

April 2012 – Inherent uncertainty means that every statement made in relation to climate change risk must be caveated, but that is not an excuse for inaction.

Moving beyond the uncertainty of climate change risk - Read More…

How do we protect growth in a world of ‘new normals’?

November 2011 – Last Friday the Nobel Prize-winning Intergovernmental Panel on Climate Change (IPCC) approved a new report on ‘Managing the Risks of Extreme Events and Disasters for Climate Change Adaptation’. This is compelling reading both for those interested in climate change science, and for those working everyday to protect future economic and social activity.

How do we protect growth in a world of ‘new normals’? - Read More…