TORONTO, Nov. 14, 2018 /CNW/ - To better protect
communities and economies, and aligned with its core value of being
socially responsible, Intact Financial Corporation (TSX: IFC) today
announced it will be part of the United Nations Environment
Programme Finance Initiative (UNEP FI) Task Force on
Climate-related Financial Disclosures (TCFD) pilot.
The pilot brings together 16 of the world's largest insurers
to better understand the impacts of climate change on their
business - integral for the insurance industry in their role as
risk managers.
In addition, Intact signed on to the UNEP FI Principles for
Sustainable Insurance (PSI). The PSI is a global best-practice
sustainability framework for the insurance industry to address
environmental, social and governance (ESG) risks.
"Climate change is one of the most pressing public policy issues
facing Canada and the world for
the foreseeable future," says Charles
Brindamour, Chief Executive Officer of Intact Financial
Corporation. "Being part of the TCFD insurer pilot will help us
evaluate the impacts of climate change in a more standardized and
transparent way – to help us build a stronger, more prosperous and
resilient society."
About Intact Financial Corporation
Intact Financial
Corporation (TSX: IFC) is the largest provider of property and
casualty (P&C) insurance in Canada and a leading provider of specialty
insurance in North America, with
close to $10 billion in total annual
premiums. The Company has over 13,000 full- and part-time employees
who serve more than five million personal, business, public sector
and institutional clients through offices in Canada and the U.S. In Canada, Intact distributes insurance under the
Intact Insurance brand through a wide network of brokers, including
its wholly-owned subsidiary BrokerLink, and directly to consumers
through belairdirect. In the U.S., OneBeacon Insurance Group, a
wholly-owned subsidiary, provides specialty insurance products
through independent agencies, brokers, wholesalers and managing
general agencies.
SOURCE Intact Financial Corporation