Latham & Watkins (London) LLP
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Climate Change
Climate Goals & Targets
Environmental Challenges
- Lack of clear national frameworks for reinsurers to meet climate risk requirements.
- Scarcity of green bonds and other sustainability-linked investments.
- Murky assessment of whether existing bulk annuity contracts satisfy regulatory requirements for climate-related disclosures.
Mitigation Strategies
- Working with other regulators to ensure a consistent and holistic approach to managing climate-related risks.
- Developing systems and controls to fully embed climate-related risks and opportunities.
- Developing more ambitious structures for green bonds and other sustainability-linked investments.
Supply Chain Management
Climate-Related Risks & Opportunities
Transition Risks
- Regulatory changes
- Market shifts
Reporting Standards
Frameworks Used: TCFD