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Jul 2017 SCOR has announced new initiatives in the field of environment protection. At the level of its investments, the French reinsurer has decided to sell all the shares it holds in the companies whose revenues derive more than 30% of thermal coal. This limit was previously set at 50%.
In terms of underwriting, the group is intensifying its efforts to fill the protection gap of regions vulnerable to climate change. SCOR also ensures that it will no longer offer insurance and reinsurance policies to polluting industrial businesses. In this area, coverage will henceforth be limited to the only projects that would benefit local workers and communities.
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