CNA Financial Corporation
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Climate Goals & Targets
Environmental Challenges
- Geopolitical instability (US-China relations, war in Ukraine)
- Climate change (severe weather events, droughts, wildfires)
- Cybersecurity threats (ransomware, data breaches)
- ESG reporting requirements (increasing complexity and regulatory changes)
- Workforce changes (labor shortages, remote work trends)
Mitigation Strategies
- Strategic insurance coverages
- Operational resilience (risk management, incident response, business continuity)
- Understanding and adapting to evolving risks
- Investing in resources to comply with ESG reporting standards
- Innovative HR strategies for workforce retention and recruitment
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Severe weather events
- Droughts
- Wildfires