All Things Sustainable11 Feb 2022

How one of the world's largest insurers is tackling climate change

Climate change is driving up insurance-related losses on a global scale even as homeowners, businesses and communities around the world continue to build in hazard-prone areas such as those that experience frequent flooding or storm damage.

In this episode of ESG Insider, we examine how one of the world's largest insurers is tackling rising risks from climate change in an interview with Ernst Rauch, Chief Climate and Geo Scientist and Head of the Climate Solutions Unit at Munich Re.

A recent report from the German insurance company found that natural disasters around the world caused about $280 billion in damages in 2021. About $120 billion of those damages involved assets covered by insurance — up from $82 billion in 2020 and $57 billion in 2019.

Ernst explains that there is ample data available to help the insurance industry make informed decisions about exposure to different kinds of climate risks. But this information is not always easily accessible to the public.

"The issue is how to bring this information to the people, to the citizens and to the businesses," he says.

Listen to our episode on record rainfall in 2021 that caused deadly flooding in Western Europe: https://podcasts.apple.com/us/podcast/record-floods-highlight-climate-risks-to-business-in/id1475521006?i=1000530552007

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.white@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).

Photo credit: Getty Images

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(355)

What's ahead for sustainability jobs, skillsets and recruiting

War in the Middle East, climate change, AI: These are just some of the major factors reshaping the sustainability landscape in 2026. In this episode of the All Things Sustainable podcast, we're asking...

21 Aug 51min

CSO Insights: How companies are tackling water risks from growing AI-related demand to cyberattacks

In this episode of the All Things Sustainable podcast, we explore how companies are leveraging AI and other technologies to address some of the world's most pressing water challenges even as a new thr...

14 Aug 38min

How AI demands and Middle East conflict are reshaping the global energy mix

In this episode of the All Things Sustainable podcast, S&P Global Energy President Dave Ernsberger joins host Lindsey Hall to discuss how data centers, geopolitical risk and sustainability priorities ...

7 Aug 33min

CSO Insights: The big blind spot software giant SAP sees in AI strategies

In this episode of the All Things Sustainable podcast, we explore the risks and opportunities AI presents for companies in an interview with Sophia Mendelsohn. Sophia is Chief Sustainability and C...

31 Jul 32min

Climate Week Zurich: Insights, highlights and key lessons

Swiss finance and innovation hub Zurich held its first Climate Week in May 2026, joining a growing global network of cities hosting climate-focused gatherings. All Things Sustainable is the official p...

24 Jul 49min

Inside Mexico's sustainability standards for public and private companies

In this week's episode of the All Things Sustainable podcast, we're exploring how Mexico is adopting and building on standards issued by the International Sustainability Standards Board (ISSB). Me...

17 Jul 29min

How private capital is advancing the next wave of sustainable and climate tech

In today's episode of the All Things Sustainable podcast, we're exploring the landscape for private investment into sustainability and climate solutions. We talk with Christina Leijonhufvud, CEO ...

10 Jul 48min

Here's what you missed at London Climate Action Week

The 8th edition of London Climate Action Week (LCAW) wrapped up June 28, and in this episode of the All Things Sustainable podcast we're talking about key takeaways with Nick Mabey. Nick is LCAW's Fou...

3 Jul 44min