Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Financial Stability

Climate Goals & Targets

Environmental Challenges

• Lack of understanding about the uncertain process of climate change and its nonlinear effects.
• Lack of a globally consistent framework for measuring climate risk-related financial information.
• Data limitations and methodological challenges in assessing climate-related risks.

Mitigation Strategies

• Developed a methodology for deriving climate risk exposures, using CPRS and ND-GAIN indices.
• Conducted a scenario analysis using NGFS scenarios to assess potential impact on insurance sector.
• Collected quantitative and qualitative data from 32 IAIS members covering 75% of the global insurance market.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Increased damage and losses from physical phenomena associated with climate-related trends and events

Transition Risks

• Disruptions and shifts associated with the transition to a low-carbon economy

Reporting Standards

Frameworks Used: TCFD