Got it Covered? Insurance in a Changing Climate
The latest report by the AODP assesses the insurance sector response to the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and features an index of the world’s 80 largest insurers rated on their approach to climate-related risks and opportunities.
By Toby Belsom, Head of Research, ShareAction Climate catastrophe losses have been a feature of the insurance industry for years – the Hiscox results this week were a timely reminder that these events have real implications for earnings, profits and business strategy....read more
By Catherine Howarth, Chief Executive, ShareAction Christiana Figueres, the former Executive Secretary of the UN Framework Convention on Climate Change, is fond of reminding investors that global carbon emissions must peak in 2020 and bend steadily downwards...read more
In the news
The Asset Owners Disclosure Project (AODP), part of responsible investment organisation ShareAction, rates and ranks the world’s largest institutional investors and assesses their response to climate-related risks and opportunities. The ratings are made public, providing much-needed transparency for beneficiaries, clients, investors and stakeholders, and emphasised through advocacy and direct engagement to drive change. As the only comprehensive, climate-specific, independent, non-self-selective assessment, AODP prides itself on being the world’s benchmark of climate leadership in the investment system.