Zurich, a global insurance provider, has launched a new initiative to decarbonise its supply chain by providing suppliers with tools and resources to measure their emissions.
According to ESG Today, in order to help suppliers calculate their own carbon footprints and determine steps to take towards achieving net zero, Zurich said that it will provide suppliers with climate training materials. It has also teamed with Normative, a carbon accounting firm, to offer free access to its Business Carbon Calculator.
Normative’s Business Carbon calculator is optimised for small businesses. The calculator estimates the carbon footprint of businesses’ direct and indirect emissions and provides data visualizations enabling businesses to point out emissions hotspots and identify focus areas for action.
Linda Freiner – Zurich group head of sustainability said, “This initiative demonstrates Zurich’s commitment to emissions reduction throughout the value chain and illustrates how we use our expertise and resources to support others to transition to the net-zero economy.”
Zurich recently reported a 31% increase in fraudulent property insurance claims in 2022 and a 7% rise in fake casualty claims.
Zurich UK said it foiled nearly £200,000 worth of fraud every day last year as cost-of-living challenges spurred a surge in bogus claims.
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