Insurers face a unique double whammy when it comes to climate change. They are hit by claims for weather damage on the liabilities side while also needing to decarbonize their assets. So it’s no wonder that insurance companies have become the leading institutional investors on sustainability.
Our infographic shows just how seriously they are now taking it, from pricing in ESG considerations into their strategies, to following net zero carbon pathways and committing to protecting biodiversity. Three arenas stand out in oil & gas, the SDGs and thematic investing.