What can brokers do to prepare for Net Zero targets? with Alex Forrest from Eunomia

Summary: The UK, and indeed much of the world, is currently facing an unprecedented breadth of crises, many of them economic. As such, it’s easy to lose sight of some of the other urgent issues facing our country and planet, of which climate change is perhaps the most significant. Earlier this year, Ecclesiastical conducted a broker survey which revealed that many of them were unsure about the practical steps they could implement towards their companies becoming ‘Net Zero’.

In this episode, we discuss the importance of carbon literacy, the steps already taken by the insurance sector with regard to achieving neutrality targets, and what brokers can practically do to support the transition to Net Zero for clients and within their own organisations.

Quote: “Climate change presents such huge challenges for insurers, [so] it's really important to stress that, in future, they're going to be directly exposed to climate damages through their insurance commitments. Increasingly, we're seeing a shift towards conscious consumerism and investor pressure. Customers and investors are starting to think more carefully about who they are investing in, and customers are thinking more about the products that they want to buy. And employees are increasingly thinking about the type of companies that they want to work with.”

Resources:

Eunomia Research & Consulting

The UK SME Climate Pledge

Become carbon literate to achieve Net Zero

Alex Forrest LinkedIn profile

Chris Withers LinkedIn Profile

Run time: 14.58

About the guest:

Alex Forrest, Managing Consultant at Eunomia, an independent environmental consultancy, where he specialises in decarbonisation strategies for private sector clients.

About the host:

Chris Withers, Broker Distribution Director at Ecclesiastical, is responsible for developing Ecclesiastical’s proposition for its broker partners, leading the sales team and for building even stronger relationships with brokers. Having joined the company in 2015 Chris has over 25 years’ of wide-ranging insurance industry experience, having worked at Covea and RSA prior to joining Ecclesiastical.

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