Reinsurance News

SCOR strengthens biodiversity commitment

30th November 2021 - Author: Katie Baker

French reinsurer SCOR has joined act4nature international, an alliance of companies committed to accelerating concrete business action in favour of nature and biodiversity.

SCORSignatory of the Finance for Biodiversity Pledge and member of the Finance for Biodiversity Foundation, SCOR has made additional biodiversity-related commitments as part of the act4nature alliance.

The reinsurers new commitments cover five key action areas, including developing a biodiversity diagnosis at group level, exploring impact and measurement, collaborating and sharing knowledge, engaging with stakeholders and managing the biodiversity footprint of the group’s operations.

By entering this alliance, SCOR further strengthens its existing commitments to the preservation of biodiversity, and highlights the group’s underlying mission to contribute to the welfare, resilience and sustainable development of society as a responsible reinsurer.

Laurent Rousseau, Chief Executive Officer of SCOR commented: “Biodiversity loss threatens the health of the planet and has the potential to greatly disrupt society.

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“Joining act4nature demonstrates SCOR’s commitment to help manage this risk and develop new solutions to protect ecosystems.”

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