Climate Change Data

California Department of Insurance (CDI)

Climate Impact & Sustainability Data (2024-2027)

Reporting Period: 2024-2027

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Workforce Diversity and Inclusion
  • Consumer Protection
  • Operational Efficiency
  • Fiscal Stewardship

Environmental Achievements

  • Issued new wildfire mitigation regulations in 2022 requiring insurance companies to provide incentives for home and community wildfire mitigation.
  • Released a Sustainable Insurance Roadmap in 2022 in partnership with the UN Principles for Sustainable Insurance (PSI).
  • Unveiled the Sustainable Insurance Strategy in 2023, requiring insurance companies to write no less than 85% of their statewide market share in distressed areas and seeking to return FAIR Plan policyholders to the admitted market.

Social Achievements

  • Met with thousands of consumers statewide to inform the creation of the Sustainable Insurance Strategy (over 1,800 meetings, town halls, and events since 2019).
  • Focus on creating a diverse, forward-looking, engaged, and supportive workforce culture.
  • Plans to create and promote a Diversity, Equity, and Inclusion program.

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Climate change and the sustainability of the insurance market.
  • Addressing the needs of the workforce amidst increasing workload constraints.
Mitigation Strategies
  • Development and implementation of the Sustainable Insurance Strategy.
  • Creation of a comprehensive workforce plan addressing recruitment, retention, and employee development.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Wildfires
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed