Approaches to Climate Change Remain to Be Important Credibility Indicators for Insurance Firms
The credibility of insurance organizations is increasingly being tied into the sustainability approach of the business. AXA has been something of a pioneer in this field and was the first insurer to restrict underwriting coal projects in 2017. The move garnered widespread praise for the business from climate campaigners but also put AXA under something of a spotlight. Now, the insurer is being urged to take action in terms of its commitments to oil and gas.
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