Pace of general insurers’ race to net zero revealed

Net zero by 2050. Carbon neutral. Net zero greenhouse gas emissions target. climate neutral long term strategy. No toxic gases, implementing carbon capture and storage technologies. - stock photo

As the 2024 United Nations Climate Change Conference, known as Cop 29, begins in Baku, Azerbaijan, Insurance Post’s Emma Ann Hughes analyses the pace of providers racing to become net zero heroes.

When it comes to reducing emissions, Zurich UK and QBE have set a net zero target of 2030, while Admiral, Aviva and Ecclesiastical are aiming for 2040, and Ageas Group, Allianz, Hiscox, RSA and NFU

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Insurers shift to being net zero accelerators

How insurers are helping companies decarbonise sooner rather than later is examined in the first of two special Insurance Post Podcasts, to coincide with the 2024 United Nations Climate Change Conference, more commonly known as COP29.

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