The LIAJ’s Climate Initiative, the Climate Change Starter’s Guide, Published and Announced with Key Impacts and Considerations for the Life Insurance Industry
27 May 2020
As societies around the world face the growing impact of climate change, the seriousness and urgency of this issue become ever more prevalent in our daily lives. It is important that we strive to act on understanding the essence of this issue and take further action to achieve a sustainable society.
Against this backdrop, the LIAJ published its first "Climate Change Starter’s Guide" (hereafter the "Climate Guide") that promotes and supports climate change initiatives by member life insurers.
The Climate Guide covers a wider range of topics, including:
- -the impact of climate change affecting business sectors,
- -the background and current situation on political movements concerning the environment,
- -the summary of the TCFD recommendations and examples of TCFD-type disclosures and
- -the essential points for life insurers working on climate initiatives.
This guide is intended to serve as a starting point for addressing climate change and be used not only by the life insurers in Japan but also various types of stakeholders around the world.
We would very much appreciate if you could take a look at the Climate Guide to further expand your climate horizon and proactively consider possible actions for confronting climate change issues that contribute to the sustainable development of society for future posterity.