Cambridge Institute for Sustainability Leadership (CISL)

Latest ClimateWise publications

46 results

Roadmap: Identification and integration of nature-related risks and impacts in underwriting and insurance brokerage

12 April 2023 – New roadmap from CISL’s ClimateWise charts a path for the insurance sector towards nature-positive underwriting and explores the industry’s role in supporting the transition of its clients towards a sustainable economy.  Download the roadmapA path towards nature-positive underwriting To avoid irreparable damage to the natural world…
The ClimateWise Principles Independent Review for 2022

23 January 2023 – The ClimateWise Principles Independent Review for 2022 sees scores continue to increase across the membership.Download the ClimateWise Principles Independent Review AboutThe ClimateWise Principles have provided a framework for the insurance industry to disclose climate-related risk and opportunity since 2007. All ClimateWise membe…
Why nature matters: Nature-related risks and opportunities for insurance underwriting

5 September 2022 – The University of Cambridge Institute for Sustainability Leadership’s (CISL) ClimateWise has published a new report on Nature Insurance. Download the report.This report seeks to raise awareness of the relevance of nature-related risks and opportunities for underwriters to explore how the insurance industry can properly account fo…
Modelling it all: Secondary Perils in a warming world

29 June 2022 – The University of Cambridge Institute for Sustainability Leadership’s (CISL) ClimateWise has published a new white paper on secondary perils. Download the reportThis report seeks to understand how the insurance industry can refine the way it defines, measures, and underwrites secondary perils amidst an evolving climate risk landscape…
The coming deluge: Scenario analysis for underwriting in a changing climate

28 March 2022 – ClimateWise members unpack the implications of scenario analysis for underwriting with UK flood example.Click here to download the reportAboutThe ClimateWise whitepaper considers the options, implications and communication of scenario analysis for underwriting non-life insurance. It raises awareness of different natural catastrophe …
The ClimateWise Principles Independent Review for 2021

20 January 2022 – The ClimateWise Principles Independent Review for 2021 sees scores continue to increase across the membership.Download the ClimateWise Principles Independent ReviewFindingsThe ClimateWise Principles Independent Review 2021 is the third year of reporting in full alignment with the Recommendations of the Taskforce on Climate-related…
Climate Tango: Principles for integrating physical and transition climate-risk assessment with sectoral examples

13 January 2022 – The University of Cambridge Institute for Sustainability Leadership’s (CISL) ClimateWise leads paper on integrating climate-related risk assessment.Click here to download the report.AboutA systemic approach to understanding and addressing sustainability is critical to the financial sector tackling the complex network of interconne…
Insurance industry must align to Paris Agreement, starting now

20 December 2021 - Bronwyn Clare, Senior Programme Manager at CISL, argues that partnership between an insurer and their clients on net zero aligned underwriting is critical to a smooth net zero transition for both.In 2017 AXA warned a 4-degree rise in global temperature would make the world uninsurable. A lot has happened since then that has great…
Insurers in Paris-aligned climate transition: Practical actions towards net zero underwriting

13 December 2021 – The University of Cambridge Institute for Sustainability Leadership’s (CISL) ClimateWise initiative has published a new report on net zero underwriting commitment and the practical actions. Read the reportInsurers in Paris-aligned climate transition: Practical actions towards new zero underwriting outlines the current definition …
Risk Sharing in the Climate Emergency: Financial regulation for a resilient, net zero, just transition

November 2021 – The University of Cambridge Institute for Sustainability Leadership (CISL) launches a call to action at COP 26 finance day urging policymakers, financial regulators and industry to expand risk sharing systems at scale to tackle the Climate Emergency.Read the reportContext Throughout history, individuals have come together to protect…
ClimateWise

ClimateWise brings together the insurance industry into a member network convened by The University of Cambridge Centre for Sustainable Leadership, which integrates sustainable leadership with world-leading research capability to address the impacts of climate change.ClimateWise is uniquely placed to bring together business, government and academic…
Climate product innovation within the insurance sector

30 June 2021 – The University of Cambridge Institute for Sustainability Leadership’s (CISL) ClimateWise initiative has published a new white paper on climate product innovation.Click here to download the paper.This paper explores the critical role of the insurance underwriting in enabling the transition of the wider economy towards decarbonisation.…
Policy opportunities on the road to net zero underwriting: Highlighting three key areas of influence for the insurance industry

March 2021 - This paper from ClimateWise highlights the role of insurance underwriting in mitigating climate risks and supporting the transition to a resilient net zero economy.Download the paperThis research showcases the critical role of insurance underwriting in mitigating climate risks and in stewarding the transition to a net zero and resilien…
ClimateWise Principles Independent Review 2020

17 February 2021 – The ClimateWise Principles Independent Review for 2020 has seen record improvement in scores across the ClimateWise membership. Download the ClimateWise Principles Independent ReviewFindingsThe ClimateWise Principles Independent Review 2020 shows member insurance industry firms have made significant progress in disclosing their p…
ClimateWise Principles Independent Review 2019

17 December 2019 – The ClimateWise Principles Independent Review for 2019 is a milestone for ClimateWise members, representing the first year of reporting in full alignment with the Recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD).Download the ClimateWise Principles Independent Review AboutThe ClimateWise Principles …