Our Approach

Lloyd's follows the six core principles of the Climatewise initiative to respond to the challenge of climate change

Lloyd's was a founding signatory of the Climatewise principles for the insurance industry in September 2007.

The initiative encourages insurance companies worldwide to respond to the challenge of climate change as quickly and effectively as possible.  Forty insurance companies are members, including 15 managing agents in the Lloyd's market.

Climatewise's six core principles form the framework of Lloyd's approach to responding to climate change:

  1. Support Risk Analysis
  2. Inform Public Policy Making
  3. Support Climate Awareness
  4. Incorporate Climate Change into our Investment Strategies
  5. Reduce our Environmental Impact
  6. Report and Be Accountable.

More information about our progress against these different principles can be found in this section.

 

  • 360 Risk Insight climate change

    As today’s risk environment is changing and evolving more rapidly than ever, businesses need to prepare for the prospect of growing natural hazard risks. The Lloyd’s 360 Risk Insight is focusing on catastrophe trends and what we can do to anticipate and respond to the mounting threat of catastrophe risk.

    Find out more

  • ClimateWise

    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.

    Our progress against the six different ClimateWise principles is shown in the ‘Our Progress’ section of the ClimateWise pages on this site.

  • Environmental Management

    Lloyd's is committed to a responsible approach to energy management at our key business locations and to reporting on our carbon emissions.

    Find out more

360 Risk Insight

The debate on climate change - learn more about Lloyd's Risk Insight.

 

Climate Wise

Lloyd's is playing its part as a key thinker in the ClimateWise inititive, to help the insurance industry reduce the risk for tommorrow.

View more on our ClimateWise initiatives.