
Insurance focus on climate and environmental risk
The drive for robust climate and environmental (C&E) risk management in insurance is gaining momentum and expectations for insurers are becoming increasingly explicit.
It mandates companies to establish due diligence processes for human rights and environmental issues, as well as a transition plan to ensure they make their business model compatible with the 1.5°C 2050 climate neutrality objective of the Paris Agreement. The CSDDD references key international human rights and environmental frameworks and conventions, as well as related EU legislation. Importantly, where other EU legislation contains more extensive requirements, these take precedence over the CSDDD.
Download our guide to the CSDDD to understand how this new regulation affects your business. For further inquiries, do not hesitate to contact the dedicated team.
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