We realise our clients may be interested in the insurers we use and their approach to sustainability. They have detailed ESG (Environmental, Social, Governance) policies which can be found on their websites, some links below.
Many insurers subscribe to the Paris agreement, put into place at COP 21 in 2015. Its goal is to limit global warming to well below 2, preferably to 1.5 degrees Celsius.
Also, insurers who underwrite but also may invest in companies involved in fossil fuels, have put measures in place to extricate themselves from these businesses. Measures include not providing any new (and phasing out by 2025) any existing insurance businesses involved in thermal coal, oil sands or exploration, production or transportation of oil and gas in the Arctic National Wildlife refuge.
Our Impact, Our Future: Sustainability at AXA XL
Aviva: Taking Climate Action