WTW unveils ESG solution to aid clients with managing climate-related risks

WTW

WTW, a global advisory broking and solutions firm, has launched a new initiative focused on helping its clients better manage climate-related risks.

According to ESG Today, the company has launched the Climate Risk Solutions for Corporate Risk & Broking North America, which will expand the firm’s predictive climate analytics capabilities.

The initiative will also integrate its tools and solutions to support clients in analysing and quantifying their climate-related exposures, while developing and implementing solutions to mitigate and transfer climate risks.

The new program will be led by Susan Doering, who joined the firm in 2017 and has been serving as senior Director – global client advocate and will be supported by WTW’s Risk and Analytics team and the Climate Resilience Hub.

WTW head of CRB, North America Michael Chang said, “Our integrated solution brings together all of our climate resources across the organization using an aligned, efficient and targeted approach to address climate-related risks facing our clients. Our team has the technical understanding and experience to deploy our industry-leading analytical tools to deliver meaningful climate risk solutions. We are delighted to bring this new ESG offering to clients.”

Global banking group Standard Chartered has recently revealed that it has updated its key value chain emissions reductions goals.

This replaces its prior intensity-based oil and gas sector financed emissions reduction target with a new commitment to reduce absolute emissions from its activities in the sector.

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