23 January 2024 - The ClimateWise Principles Independent Review for 2023 sees scores continue to increase across the membership, ahead of the introduction of a more ambitious set of Principles for 2024.
Download the ClimateWise Principles Independent Review
Download the ClimateWise Principles Independent Review 2023 (Japanese translation)
About
The ClimateWise Principles have provided a framework for the insurance industry to disclose climate-related risk and opportunity since 2007. All ClimateWise members report annually against this framework. Reports are independently reviewed, scored and anonymised in a combined report to form the ClimateWise Principles Independent Review.
Findings
We have witnessed a transformational shift in sustainability reporting across the insurance industry in recent years. There is no denying the scale of the effort required to move the dial from a landscape of significant disparity to today’s more aligned, ambitious reporting landscape. There is much more to do in the journey towards a net zero economy, but the robust foundations needed for insurance industry-wide sustainability action and reporting are now truly in place. So where do we go from here?
This report explores key trends in this year’s ClimateWise reporting cycle, the foundations that have been established for forward-looking sustainability action, priority topics for the coming year, and considerations ahead of the ClimateWise Principles update due in 2024.
Citing this review
Please refer to this review as University of Cambridge Institute for Sustainability Leadership and Deloitte (CISL). (2024). The ClimateWise Principles Independent Review 2023. Cambridge, UK: Cambridge Institute for Sustainability Leadership.
