Sustainable Commitments and Stories

In this section, we compile information on important developments and various expertise regarding sustainability at SCOR.

Our Policies

Our Commitments

• Sustainable Investments | SCOR
• Sustainable Underwriting | SCOR
• May 2022: SCOR shareholders adopt all the proposed resolutions, as the Group further strengthens its sustainability strategy
• April 2021: SCOR accelerates its transition to Net-Zero
• May 2020: SCOR strengthens its sustainable actions towards a low-carbon economy within its investment portfolio and joins the UN-convened Net-Zero Asset Owner Alliance

Other Initiatives

• October 2024: SCOR signs the #workingwithcancer pledge
• December 2023: Parenthood Charter
• December 2021: SCOR supports a zero-emission future for the shipping industry
• November 2021: SCOR further strengthens its commitment to preserving biodiversity
• November 2021: SCOR celebrates Financi'Elles network 10th anniversary
• November 2021: SCOR joins the Women Empowerment Principles
• December 2020: SCOR joining Finance for Biodiversity Plege
• August 2019: Our social and environmental commitments

Our Stories

• December 2024: Supporting the future of electric vehicles
• September 2024: SCOR co-authors report on water risk and sustainable investment alongside Deltares, World Wildlife Fund (WWF), Achmea Investment Management, and NN Group. 
• February 2024: SCOR to lead offshore renewable energy consortium
• January 2024: SCOR Syndicate leads carbon capture and storage insurance facility
• May 2023: Protecting Cambodian farmers and society from climate change impacts
• December 2022: Advancing global energy transformation through offshore wind farms
• November 2022: SCOR partners with Bowtie and Take2 on innovative cancer screening solution
• November 2022: Protecting Farmers from Climate Change Risk in Fiji
• June 2022: New Government backed professional indemnity insurance scheme for EWS1 assessors to be delivered by MGAM and SCOR
• April 2022: The relevance of climate change for life insurance| Expert view on the relevance of climate change for life insurance
• April 2022: SCOR announces new collaboration with Onuu and its partners | SCOR New collaboration with Onuu, the innovative all-in-one banking and insurance solution to reach 166 million underserved Americans
• March 2022: Learn about Hydrogen on the SCOR Innovation Podcast Channel | SCOR Podcast: learn about hydrogen
• February 2022: The care gap and the protection gap, what world cancer day teaches us about the insurance industry’s role in closing these gaps
• January 2022: SCOR Linkedin Live session on Biodiversity
• January 2022: SCOR announces the conclusion of an innovative sustainability-linked financing facility | SCOR continues to integrate sustainability into its strategy and announce the conclusion of an innovative sustainability-linked financing facility
• November 2021: Technical Newsletter #57 on modelling climate change for the reinsurance industry, a practitioner’s guide to extreme event scenario analysis
• November 2021: Building for impact, how SCOR with its partner the African Risk Capacity develop solutions to support resilient agriculture insurance programs in Africa
• November 2021: Mind the sustainability Gap, a CRO forum report
• October 2021: SCOR reinforces its support for the energy transition
• September 2021: Embracing sustainability principles in (re)insurance corporate venture, our approach to embed sustainability principles holistically into investment and partnership decision-making process
• September 2021: Launch of 'Heat Stress Protect' insurance to protect dairy income from climate change
• July 2021: Technical Newsletter #55 on the refinery of the future, energy transition, digital transformation, why it matters to energy underwriters and to all of us
• June 2021: SCOR et sa filiale ReMark s’associent à Humanoo pour la santé des assurés en France
• June 2021: SCOR Life & Health Ventures invests in ifeel
• May 2021: “Biodiversity and Re/insurance: An Ecosystem at Risk” - Muséum National d’Histoire Naturelle
• April 2021: Technical Newsletter # 54 towards carbon neutral energy: offshore wind farms
• April 2021: Risk Control Practice - Handbook on Renewable Energy
• March 2021: Introduction to ESG and focus on the (re)insurance industry
• June 2020: Technical Newsletter #50 insuring the construction of megaprojects with a view to a sustainable future
• May 2020: Carbon footprinting methodology for underwriting portfolios, a CRO forum report
• November 2019: SCOR invests in Bioserenity
• May 2019: Claire Le Gall -Robinson interview on Sustainable development is an integral part of the Group’s values and mission
• May 2019: Technical Newsletter #47 – Marine insurance IMO 2020 the perfect storm, the marine industry has committed to a major reduction of its sulphur emissions with the coming into force of the new IMO 2020 regulation.
• December 2018: Technical Newsletter #46 water security : the case of Cape Town’s severe water shortage

Declaration of Intention

Upon receiving a written request from a public authority to share loss data with it, SCOR will share its loss data with the requesting public authority on the following terms:

• The request must be reasonably specific about the loss data that is being requested – e.g., loss data relating to an identified natural catastrophe event – and must sufficiently describe the relevant analytical research
• The requesting public authority must agree the loss data provided will be used solely for analytical research and to enhance adaptation to climate change by society in a region, country or internationally only and that the loss data provided will not be shared with any additional third parties (other than if it is consolidated with other (re)insurers’ loss data and there is no identification of SCOR as one of the providers of the consolidated loss data) without obtaining SCOR’s prior written approval
• All loss data shared will be gross to SCOR and will be at a level that ensures the disclosure complies with all applicable data protection legislation protecting the privacy of SCOR’s clients, underlying insureds, employees, business partners and other interested parties, including the European General Data Protection Regulation
• Any publication based exclusively on the loss data provided by SCOR or that identifies SCOR as a provider of loss data used to prepare the publication requires SCOR’s prior written approval
• The loss data requested must be extractable from SCOR’s systems in the usual course of its business operations
• SCOR will provide the requested loss data within a reasonable period of time, but reserves the right to delay providing it should contain market sensitive information
• SCOR will not charge for providing the loss data