The world’s climate is changing and having significant social and economic impacts. The insurance sector enables business and individuals to manage risk including long-term threats such as climate change. The long-term stability of our economy hinges on an appropriate response to this threat.
The ClimateWise principles provide a framework for insurance companies worldwide to set out how they will build climate change into their business operations. The principles have been developed following consultation between The Prince of Wales’s Business & the Environment Programme, Lloyd’s, the ABI, and other insurance market participants.
Companies signing up to ClimateWise will adhere to the following principles:
QBE EO became a ClimateWise signatory in September 2007.
For more further ClimateWise case studies, visit the Lloyd's ClimateWise site