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
ClimateWise members are required to annually disclose their firm’s response to climate change through the ClimateWise Principles framework. Member reports are independently assessed, scored and benchmarked as a means to track and incentivise progress year on year. A
collective public review is published each
year which serves to inform regulators and broader financial markets on the insurance industry’s response to climate change.
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
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
Sid Miller
Programme Director
Dr Nina Seega
Director,
Centre for Sustainable Finance
Natalie Thompson
Project Manager
Laura Deltenre
Senior Project Manager
Latest
23 October 2014
July 2013 – Exploring how the perception of risk affects customer responses to climate risk. How risk is perceived is key to whether people take action to manage risk. Advertisers use insights from behavioural science all the time but it is not often considered when looking at responses to unexpected events.
