ANZIIF Journal, V44, Issue 4 (Dec 2021)

Page 6

6

CLIMATE CHANGE by Abigail Murison

IN SHORT › Insurers can help the world

limit global warming to 1.5°C by advising their clients, investing in clean energy and other carbonreducing innovations, and adopting net zero business models.

› The coal, oil and gas industries are the major causes of greenhouse gases, and insurers need to move out of insuring and investing in these sectors as quickly as possible.

› The insurance industry can be

an incredibly powerful force in the drive for net zero, but it requires action and courage — especially from the market leaders.

JOURNAL // ISSUE 04 2021 // ANZIIF.COM


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