Tag: ClimateWise

Insurability is one of the earliest signals of whether assets, sectors, and entire economies can survive the accelerating impacts of physical climate risk, according to a new briefing by ClimateWise. The briefing, published today by the Cambridge Institute for Sustainability Leadership’s ClimateWise, is titled “The canary in the coalmine: Insurability as a resilience signal.” It warns that when insurance becomes unavailable or unaffordable, it triggers a “vulnerability spiral”. This feeds into a domino effect that can quickly render assets unbankable and uninvestable, leading to systemic economic and social risks. To…

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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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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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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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