Difference between revisions of "ClimateWise"

 
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|Indicator=Political dialogue;Policy planning and recommendations;
 
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|Goals mai=Act as primary centre for developing leadership actions that address the shared challenges and opportunities presented by climate change that collectively move the insurance industry forward.
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Provide go-to TCFD reporting framework for the insurance industry.
 
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|Related initiatives=
 
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Latest revision as of 14:58, 9 March 2021

General

Name of initiative ClimateWise
LPAA initiative No
NAZCA Initiative No
Website address https://www.cisl.cam.ac.uk/business-action/sustainable-finance/climatewise
Related initiatives
Starting year 2007
End year
Secretariat ClimateWise is convened by the University of Cambridge Institute for Sustainability Leadership (CISL), which also provides the Secretariat.
Organisational structure
Geographical coverage Asia and the Pacific, Western Europe, Eastern Europe, North America, Africa
Name of lead organisation University of Cambridge Institute for Sustainability Leadership (CISL)
Type of lead organisation Academic/Research institution
Location/Nationality of lead organisation United Kingdom

Description

Description Representing a growing global network of leading insurance industry organisations, ClimateWise aligns its members’ expertise to help society respond to the challenges it faces from climate change. ClimateWise’s focus is on addressing the climate-risk protection gap: the growing divide between total economic and insured losses.

The ClimateWise Principles were launched in September 2007 by HRH The Prince of Wales, who had previously called on the insurance industry to offer a more pro-active and collaborative effort to help reduce the risk of climate change for us all. Members are from Europe, North America and Southern Africa and all members commit to action, individually and collectively, against the ClimateWise Principles: Support climate awareness amongst our customers; Incorporate climate change into our investment strategies; Reduce the environmental impact of our business; Report and be accountable.

Objectives Reduce the overall risks faced by economies and societies.
Activities
One or two success stories achieved

Monitoring and Impacts

Function of initiative Capacity building, Political dialogue
Activity of initiative Policy planning and recommendations, Training and education, Awareness raising and outreach
Indicators
Goals Act as primary centre for developing leadership actions that address the shared challenges and opportunities presented by climate change that collectively move the insurance industry forward.

Provide go-to TCFD reporting framework for the insurance industry.

Comments on indicators and goals
How will goals be achieved
Have you changed or strenghtened your goals
Progress towards the goals
How are you tracking progress of your initiative
Available reporting

Participants

Participants Number Names
Members 33  
Companies 33 ABI (United Kingdom),Allianz (Germany),Aon (United Kingdom),Argo International (USA),Aviva (United Kingdom),AXA (United K.),Beazley (United Kingdom),CII (USA),Chubb (USA),Direct Line (United Kingdom),Hiscox (Bermuda),If P&C (Sweden),Innovation Group (Australia),Liberty USA),Lloyd's (United Kingdom),Marsh (USA),MS Amlin (United Kingdom),Navigators (USA),Novae (United Kingdom),Prudential (USA),QBE (Australia),Renaissance Re (Bermuda),RMS (USA),RSA (United Kingdom),Sanlam (South Africa)Santam (South Africa),Swiss Re (Switzerland),Tokio Marine Kiln (Japan),Tokio Marine & Nichido (Japan),Willis Tower Watson (USA),XL Catlin (USA),Zurich (Switzerland).
Business organisations 0
Research and educational organisations 0
Non-governmental organisations 0
National states 0
Governmental actors 0
Regional / state / county actors 0
City / municipal actors 0
Intergovernmental organisations 0
Financial Institutions 0
Faith based organisations 0
Other members 0
Supporting partners 0
Number of members in the years
2018
26
2019
28
2020
33
Have only national states as participators No


Theme

Transport Agriculture Forestry Business Financial institutions Buildings Industry Waste Cities and subnational governments Short Term Pollutants International maritime transport Energy Supply Fluorinated gases Energy efficiency Renewable energy Supply chain emission reductions Adaptation Other Resilience Innovation Energy Access and Efficiency Private Finance
No No No Yes Yes No No No No No No No No No No No No No No No No No
Last update: 9 March 2021 14:58:43

Not only have national states as participators