Climate Change Data

K&L Gates LLP

Climate Impact & Sustainability Data (2009)

Reporting Period: 2009

Environmental Metrics

ESG Focus Areas

  • Climate Change
  • Greenhouse Gas Emissions
  • Insurance Coverage

Climate Goals & Targets

Environmental Challenges

  • Increasing climate change lawsuits against companies with significant GHG emissions.
  • Lack of coordination between risk managers and climate change/sustainability programs.
  • Uncertainty regarding insurance coverage for climate change litigation.
Mitigation Strategies
  • Companies should start asking questions about insurance coverage for litigation defense and indemnity.
  • Integrating climate change issues into a company’s overall business strategy.
  • Reviewing existing and historical third-party liability policies for potential coverage.
  • Considering pollution legal liability (PLL) policies.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Hurricanes
  • Flooding
  • Diminution of sea ice
Transition Risks
  • Climate change litigation
  • Regulatory changes
  • Increased insurance premiums