Achmea opts for a climate-neutral strategy and joins the Net-Zero Insurance Alliance

5 January 2022

Early morning with sunrise in pine forest

ICMIF member Achmea (Netherlands) announced in December 2021 that it was joining the Net-Zero Insurance Alliance (NZIA), underlining the insurer’s climate ambitions. Achmea is committed to climate-neutral business operations by 2030 and a climate-neutral investment portfolio by 2040. In addition to this, the cooperative insurer is aiming for a climate-neutral insurance portfolio by 2050 at the latest.

The Net-Zero Insurance Alliance is a United Nations initiative that brings together leading insurers from around the world to emphasise their role in the transition to a climate-neutral economy. In its announcement, Achmea said it wants to make a meaningful contribution to this. Achmea joins 17 other insurer members of the Alliance including ICMIF Supporting Member Swiss Re.

Achmea is setting the bar high

Talking about this step, Bianca Tetteroo, Chair of the Executive Board, said: “We are setting the bar high for ourselves. Based on our vision ‘Sustainable Living Together’, we want to create sustainable value for our customers, our employees and our business and for society. By accelerating this as much as possible, we are taking responsibility now and not shifting it to the future. Past generations could count on us; future generations must be able to do so as well. Climate change is a major theme for Achmea and we want to help our customers and society be resilient against it. And along with our partners, we are committed to working towards combatting further climate change. Joining the Net-Zero Insurance Alliance is a perfect fit for this.”

Achmea is also supporting the Insured Emissions Initiative

Achmea said that with its sustainability ambitions and by joining the Net-Zero Insurance Alliance, the cooperative is committed to a transition path that uses science-based targets. In line with this, Achmea is also supporting the Insured Emissions initiative of the Partnership for Carbon Accounting Financials (PCAF), in collaboration with the Net-Zero Insurance Alliance, through which it will develop a standard for measuring and reporting CO2 emissions of insurance portfolios.


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