There is growing evidence of the large-scale impacts of human behaviours on the environment, with serious knock-on effects for society. Large-scale air, soil, water and ocean pollution are compromising food, water and health systems. Biodiversity loss, deforestation and the destruction of nature-based systems such as mangroves and wetlands are also having profound socio-economic impacts.
Important actions are underway: sustainable finance initiatives, the Task Force on Nature-related Financial Disclosures (TNFD), and for re/insurers, overall greater emphasis on Environmental, Social and Governance (ESG) approaches to investing and underwriting. Re/insurance companies have also started offering solutions to preserve and restore nature-based systems.
This event will explore the many implications of environmental risks for re/insurers as risk managers and investors: impacts on their businesses, how they can incentivise environmentally sustainable behaviours and business models – taking into account the transition to net zero – and raise societal awareness.