Climate Strategy
We're serious about climate change
We thrive at finding the intersections between helping society and winning in the marketplace. Our climate strategy has five big intentions.
Our commitments are ambitious and collaborative – and they will help us drive concrete action.
Commit
Commit to a net zero ambition overall by 2050
Adapt
Double down on helping people adapt to climate change
Shape
Leverage our platform to shape customer behaviour
Enable
Enable the transformation by supporting existing and new industries that are key to the transition
Collaborate
Collaborate with governments and industry to influence and accelerate climate action
Commit
We aim to achieve net zero emissions overall by 2050, to align with the Paris Agreement, and to halve our operations emissions by 2030.
Adapt
We’re doubling down on helping people adapt to the effects of climate change. Our partners are exploring real, concrete solutions to make our communities, our people and our economy more resilient.
Investing in natural infrastructure
Helping vulnerable communities build resiliency
Address growing need for restoration and prevention services
Shape
Opportunities exist for us to shape climate-conscious behaviours.
Engage our customers
By engaging customers and employees, we can raise climate change awareness.
Leverage our platform
Through claims interactions and supply chain initiatives we can support climate-conscious practices.
Utilize our expertise
Through our Centre for Climate and Geospatial Analytics we can use pricing, underwriting, and data to enhance predictive models that will anticipate evolving climate-related impacts.
Enable
We’re playing an active role by supporting industries that are key to the transition.
Support new industries that are developing the tools to accelerate our progress
Support customers, partners, and investees in existing industries that are working to transform their businesses
Collaborate
We collaborate with government and industries to accelerate the most impactful climate solutions. Our involvement with Canada’s federal government’s Disaster Resilience and Security Advisory Table, the Sustainable Finance Action Council, the National Flood Insurance Task Force, and in the U.K., the Climate Financial Risk Forum, have given us a track record of providing climate expertise.
Climate Proof Canada
A coalition that is encouraging the federal government to take action now.
Geneva Association
As the think tank for the global insurance industry, The Geneva Association carries out rigorous research in collaboration with its members and their companies, academic institutions, and multilateral organizations.
ClimateWise
Global climate change and insurance industry leadership group.
