Positioning paper Climate

Protection of the environment and efforts to limit the impacts of climate change are of the utmost importance to preserve our planet for future generations. The Paris Agreement in December 2015 was signed by 196 countries who confirmed its commitment to a safe and stable climate, in which the increase in temperature should be limited to well below 2 degrees and preferably to below 1.5 degrees Celsius. This Agreement provided a milestone achievement to propel the issue of climate change in the social, political and financial agenda’s worldwide, especially over the past two years.

a.s.r. is aware of the importance and the responsibility expected from our roles as insurance company, asset owner, asset manager and real estate manager. For a.s.r. climate change is a direct risk to our business, both on our liabilities -the claims we pay out- and on our assets -the value of our investments-. But, as complex as climate risks may be, it only represents half the story. Climate change also presents unprecedented opportunities for action.