Achmea updates Climate Transition Plan

Written by Adam Cadle

04/12/2023

Achmea has published an update to its Climate Transition Plan, setting interim targets to reduce CO2 emissions associated with its insurance policies.

Specifically, the update includes targets to reduce average CO2 emissions associated with its individual non-life insurance portfolio, including 15% to 20% of its motor portfolio by 2023, and targets to boost the energy transition, such as offering climate solutions to individuals and businesses.

Furthermore, the update includes sustainability initiatives around the healthcare sector and to make its investment portfolio more sustainable including a new engagement programme aimed at CO2- intensive businesses.

“As a business, insurer, investor and financier, we have set ourselves ambitious goals. Developments are moving at pace and there are more and more new climate insights, legislation, data and measurement methods. This is why we update our Climate Transition Plan annually,” the insurer said.

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