Are your company’s insurance premiums financing climate change?
As major customers of commercial insurance, businesses can enhance their sustainability efforts by assessing the carbon footprint of their insurance carriers and communicate support for insurance options that aren’t enabling fossil fuels.
Your company can ensure it is taking a holistic approach to sustainability by assessing its insurance carriers and then taking steps to align sustainability and procurement policies beyond just the material supply chain. Businesses are critical to growing the demand in the U.S. market for low-carbon insurance and should feel good about sharing this climate leadership to employees, customers, and partners.
Aligning a company’s insurance procurement policies with other sustainability goals makes good business sense and is a real solution from the private sector.
Why buy insurance against risks – including climate risks – from the same insurance companies that are making the problem worse by insuring fossil fuels?
RESOURCES TO GET STARTED:
- Brief: Insurance is a Sustainability Opportunity
- Sample Letter To Your Company’s Insurance Carriers
- Survey Tool to Assess Your Insurers’ Sustainability Policies
- Joint Business Statement to U.S. Insurance Industry (sent September 2020)