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April 11, 2024

Insurers should account for all Scope 3 emissions, says Finance Watch

Containerships loading in port, emissions
Finance Watch is urging insurance firms to play a greater role in supporting the transition away from fossil fuels and recommends that they account for all of their Scope 3 emissions (Photo: CreativeNature_nl/Envato)

Underwriting activities are commonly omitted from insurers’ recorded Scope 3 emissions, says non-profit Finance Watch

Insurers have been urged to account for all of their Scope 3 emissions by non-profit Finance Watch, in a report that aims to help the industry with its climate transition planning.

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