In this second year of reporting, WWF France welcomes the development that two insurers (BNP Paribas Cardif and AG2R La Mondiale) are offering "thermometer" portfolios to illustrate the alignment of their portfolios equity and corporate bonds with a 2°C warming trajectory. Although methodologies used in obtaining this indicator could be further developed and better explained, the information is relevant and readable.
WWF France also welcomes the few insurers (Allianz, Aviva, Axa and CNP) who have demonstrated real ownership of the TCFD (Taskforce on Climate-related Financial Disclosures ) in structuring their reports on Article 173. The implementation of these international recommendations by financial institutions, including insurers, allows them to harmonise their climate reporting practices, thereby promoting convergence of methodologies and date comparability.
To access the first report, please visit the WWF France website.