Tag: ClimateWise

ClimateWise welcomes its new Programme Director

Stuart Mitchell

ClimateWise, the insurance industry leadership group facilitated by the University of Cambridge Institute for Sustainability Leadership (CISL), has announced that Felicity Hall is its new Programme Director.  ClimateWise brings together the insurance industry into a member network which integrates sustainable leadership with world-leading research capability to address the impacts of climate change.  Felicity joins CISL from her role as Head of Sustainable Finance Innovation at the City of London Corporation. As a sustainable finance specialist with a background in investment and consultancy, Felicity has previously held senior roles including Associate…

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The ClimateWise Principles Independent Review 2024

Stuart Mitchell

ClimateWise – the global insurance industry leadership group founded in 2007 and facilitated by the University of Cambridge Institute for Sustainability Leadership (CISL) – has released its regular annual report on how its members have performed against its jointly agreed Principles, shortly after having raised the ambition of those Principles to drive further action in the insurance industry. ClimateWise is in its 16th year of reporting against the ClimateWise Principles disclosure framework, aligned in 2019 with the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. If 2023 could be characterised…

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ClimateWise insurance group prepares sector for evolving disclosure requirements on climate and nature-risk management

Stuart Mitchell

Global insurance industry leadership group, ClimateWise, which is part of the Cambridge Institute for Sustainability Leadership (CISL) has updated its reporting framework Principles to help insurers prepare for an evolving disclosure environment. ClimateWise plays a key leadership role in helping to promote excellence in reporting, undertaking impact-orientated, collaborative research into how the insurance industry can support the transition to net-zero. The ClimateWise Principles guide members’ contribution to addressing climate change and are used to help members to annually benchmark their activities. In 2018 the ClimateWise Principles were aligned with the…

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ClimateWise welcomes accountancy firm Crowe as its new strategic partner

Stuart Mitchell

ClimateWise has appointed accountancy firm, Crowe, to undertake a review of its climate disclosure framework. The ClimateWise Principles express expectations of best practice in the insurance industry including incorporating climate considerations into strategy, informing clients and supporting better public policy on climate change.  ClimateWise members have to report against these Principles annually, allowing them to benchmark progress against their peers. Following the completion of the 2023 reporting cycle, Crowe will take over from Deloitte as independent reviewer, leading the annual member reporting process against the newly revised Principles and supporting members via…

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ClimateWise Principles Review 2022 indicates steady progress and highlights need for insurers, reinsurers and brokers to become long-term partners to the real economy

Stuart Mitchell

The ClimateWise Principles Independent Review 2022 shows member insurance industry firms have made progress in disclosing their preparedness and response to climate change.    ClimateWise, convened by the University of Cambridge Institute for Sustainability Leadership (CISL) is in its fourteenth year of reporting against the ClimateWise Principles, which has been aligned with the Taskforce on Climate-related Financial Disclosures (TCFD) recommendations since 2019. The report indicates ClimateWise has built momentum across financial services by increasing its membership and securing a year-on-year rise in average member scores.   Nina Seega, Director of Sustainable Finance, CISL said:…

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