The insurance sector enables business and individuals to manage risk including long-term threats such as climate change. And the long-term stability of our economy hinges on an appropriate response to this threat.

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’ Business & the Environment Programme, Lloyd’s, the ABI, and other insurance market participants.

The following will be adhered to by those companies that sign up to these principles: 

> Lead in risk analysis

Risk is our business. Lloyd's has published numerous reports on climate change topics ranging from tipping points and the cost of adaptation to political and security impacts. We encourage collaboration. Risks are changing and we intend to keep pace.

> Inform Public Policymaking

Policymakers around the world are looking to business to help them combat climate change. In the US, for example, we collaborated in a multiple-stakeholder group to develop a 'blueprint' for coastal resilience. We intend to continue the dialogue.

> Support climate awareness

We share our views on climate risk with our customers, including those in the developing world. Through ClimateWise we are calling for regulations to enable us to rebuild sustainably after a catastrophe.

> Investment strategies

We have appointed the asset managers Foreign & Colonial to actively engage with the boards of companies in which our central fund invests. They seek to encourage positive action on climate change and the long-term value protection this inevitably brings.

> Reduce environmental impact

As part of our commitment to the environment, Lloyd’s has been tracking our greenhouse gas (GHG) emissions since 2008.

> Report and be accountable

Our Finance Director is responsible for ClimateWise activities which are discussed and approved by our Executive Team each year. We publish details of our activities on

> Our progress

Lloyd's is committed to the ClimateWise principles.

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Mitsui Sumitomo Insurance Group logo
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Our progress

Learn more about our ClimateWise activities


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

More about ClimateWise

Risk Insight

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



Trevor Maynard 

Trevor Maynard on climate change

Trevor Maynard, head of Lloyd's exposure management and reinsurance team, explains Lloyd's involvement in Climatewise.

Chimi Chweya, Assistant Investment Manager 

Chimi Chweya on incorporating Climatewise into our investment strategies

How is Lloyd's taking action and incorporating climate change into our investment strategies?

Film about our approach to CSR 

Zoe Baker on environmental issues

Zoe Baker on how Lloyd's is tackling environmental issues such as printing and paper usage.