Quotes about The ClimateWise Principles Independent Review 2024
“Our new ClimateWise Principles have a broader scope and higher benchmark standards, and I want to recognise the efforts and commitment of our members in developing and reporting under this new method.”
Kevin O’Donnell, Chair, ClimateWise
President & CEO, Renaissance Re
“To address the challenges of the changing climate and nature regulatory environments, ClimateWise members have reported to a new set of Principles that supports the ongoing adaptation of their organisations and the tracking of progress across the Insurance sector. The new Principles represent a strong commitment by ClimateWise members to transitioning to a sustainable economy.”
Sid Miller, Director, ClimateWise
“2024 is a milestone year for member reporting against an ambitious new set of disclosure Principles, which now include Nature and Transition Plans. As expected, reflecting the higher bar, scores have dropped with members making progress in considering emerging topics and preparing for a higher level of ambition compared to a more challenging baseline in coming years.”
Nina Seega, Director, Centre for Sustainable Finance
“ClimateWise has been a fundamental tool in helping prepare Convex, a new (re)insurer in 2019, for the rigours of climate related reporting. We have particularly valued the revised framework incorporating current and forward-looking climate reporting standards. The facility of engaging with peers and CISL colleagues has been hugely appreciated also.”
Rachel Delhaise, Head of Sustainability, Convex Group
“Our first ClimateWise reporting process in 2024 coincided with the major refresh of the ClimateWise Principles, which enabled us to benchmark our performance against global best practice frameworks and provided us with valuable insight into what we’re doing well and opportunities to improve.”
Helen McKee, Climate Change Lead, NFU Mutual
“It is a huge pleasure to see the value brought to ClimateWise members by the Principles relaunch demonstrated in the 2024 Principles Review report. Member case studies reflect the passion and innovation to drive change in climate and biodiversity action within the insurance sector. Crowe is very proud to support this initiative.”