Just a few years back, the corporate governance and sustainability group known as Ceres crunched some very interesting numbers.Executive SummaryAlthough Warren Buffett doesn’t believe that Berkshire Hathaway’s insurance operations face risks to profit from climate change that require detailed reports to shareholders, other insurers and reinsurers are stepping up efforts to mitigate climate change risks and disclose them in public reports.
In its “Insurer Climate Risk Disclosure Survey Report & Scorecard: 2014 Findings & Recommendations,” Ceres scored the nation’s 330 largest insurance companies on what they were saying and doing to respond to escalating climate risks.