Modern Australian

Aon Joins Asia Investor Group on Climate Change as a Member

SINGAPORE - Media OutReach Newswire - 7 November 2024 - Aon plc (NYSE: AON), a leading global professional services firm, today announced it has joined the Asia Investor Group on Climate Change (AIGCC) as its latest member with risk capital capabilities.

The AIGCC is a non-profit initiative to create awareness and encourage action among Asia's asset owners and asset managers about the risks and opportunities associated with climate change and low-carbon investing. It is the leading network of institutional investors in Asia mitigating climate risks and seizing the opportunities of net zero.

As a member of the AIGCC, Aon will contribute to the development of market-based climate solutions for increasing resilience against climate risks, while unlocking new sustainable growth opportunities.

Innovation in data, analytics and risk transfer solutions enable Aon to help clients accelerate their investments in climate resiliency and aid in the transition to a net zero economy.

"Addressing climate risks requires collaboration between asset owners, insurers, lenders, and governments," said Dr. Tom Mortlock, head of climate analytics for Asia Pacific at Aon. "Insuring and financing the energy transition is essential to mitigate the impacts of climate change while driving economic growth. As investor sentiment continues to shift capital towards a greener future, actionable insights, and appropriate risk transfer solutions are crucial for companies looking to seize these opportunities. Aon is looking forward to contributing to AIGCC's efforts to help investors and companies make better decisions as they navigate the transition to a net-zero future."

According to Aon's 2024 Climate and Catastrophe Insight, the insurance gap in Asia is one of the largest in the world, with only 14 percent of economic losses covered by insurance in 2023. This makes investing in areas of high climate risk across the region a potentially volatile activity. On top of this, climate change is increasing the underlying risk profile in various areas of the region.

Rebecca Mikula-Wright, CEO of AIGCC, said: "We are pleased to welcome Aon as a member of AIGCC. Industry participation is essential to achieving meaningful progress on climate action across Asia, and we welcome Aon's contributions that will enhance our collective impact. We look forward to working together with Aon to drive forward solutions for a low-carbon and climate-resilient future, fostering meaningful and accelerated progress."

Access Aon's insights and capabilities on managing climate and sustainability here.
Hashtag: #Aon

The issuer is solely responsible for the content of this announcement.

About Aon

(NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses.

Follow Aon on , , and . Stay up-to-date by visiting Aon's and sign up for news alerts .

Disclaimer
The information contained in this document is solely for information purposes, for general guidance only and is not intended to address the circumstances of any particular individual or entity. Although Aon endeavours to provide accurate and timely information and uses sources that it considers reliable, the firm does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose of any content of this document and can accept no liability for any loss incurred in any way by any person who may rely on it. There can be no guarantee that the information contained in this document will remain accurate as on the date it is received or that it will continue to be accurate in the future. No individual or entity should make decisions or act based solely on the information contained herein without appropriate professional advice and targeted research.

Bulk Liquid Storage Tanks: Essential Solutions for Modern Industry

In industries where managing large quantities of liquids is a daily requirement, bulk liquid storage tanks play a vital role. These tanks are desi...

Bistro Blinds for Seasonal Changes: Adapting Your Outdoor Space

Bistro blinds are outdoor designs that can be adapted for seasonal changes. They warm up the environment by making it wind-free, wet-free, and sun...

Advantages of Using Digital Printing Services

The demand for quick, efficient, and high-quality printing solutions has seen remarkable growth in our modern, fast-paced world. This increasing nee...

Benefits of Professional Strata Management

Navigating the complexities of strata management can be a daunting endeavor for any strata property owner or committee member. Strata management inv...

The Hidden Benefits of Bundling Utilities with Moving Services

Moving can feel overwhelming with so many things to juggle. Hiring a moving company in Brisbane helps make it easier, but did you know you can make it...

Family Mediation: The Path to Resolution, Healing, and Lasting Solutions

In an era where family challenges are often met with emotional and financial strain, family mediation has quietly gained traction as a life-changing...

Surprise Party Ideas That Will Leave Your Guests Speechless

Throwing a surprise party is one of the most exciting ways to celebrate a special occasion. The thrill of keeping it a secret combined with the joy ...

“North of the River” Vs “Over the Bridge” – What’s in Brisbane’s ongoing North Vs South Feuds?

Greater Brisbane Australia’s largest capital city by land area, coming in at 15,824 square kilometers, and ranks number three worldwide. It has Au...

Income Stream Integration: 7 Ways to Earn Money Through Your Website

Whether you sell Vietnamese coffee, review Japanese gadgets, or rent Melbourne self storage, your website is more than just an online presence—it...

Top 10 Benefits of Practicing Taekwondo for All Ages

Taekwondo is more than just a martial art; it’s a way of life that offers profound physical, mental, and emotional benefits. Whether you're a chil...

Plasterboarding and Ceiling Repair: The PlasterX Advantage for Long-Lasting Results

Contacting professionals who are well-versed in the nuances of the task is essential to preventing headaches during plastering ceiling repair work. ...

Snake Catcher’s Life-Saving Advice: What to Do When You Encounter a Snake

Australia is home to some of the most venomous snakes in the world, and if you live here, you're already well aware of how dangerous these creatures...

The Best Dumplings in Melbourne

Melbourne offers the best dumplings in the world, with variety of tastes and styles. The perfect dumpling is boiled, fried, or steamed - the best ...

The Ultimate Guide to Daily Dental Hygiene: Tips for a Healthy Smile

Maintaining good oral hygiene is essential for a healthy smile that lasts a lifetime. While regular visits to your dentist are important, establishi...

Mixing Vintage and Modern: How to Create a Timeless Interior

Achieving a timeless interior that blends both vintage charm and modern sophistication can transform any home into a stylish, curated space. When do...

Sugar-Free Chocolate Treats: A Guilt-Free Indulgence

People are very conscious about their health and sugar-free chocolates are becoming a popular option. This is a delicious and very satisfying option...

The Most Scenic Sailing Destinations in Australia and New Zealand

Australia and New Zealand are home to some of the world’s most breathtaking sailing destinations. With vast coastlines, pristine waters, and diver...

How Portable Cool Rooms Can Enhance Event Catering: The Perfect Solution for Outdoor Events

If you are holding an event outdoors, then there should be quality food; otherwise, a well-planned outdoor event will not be successful. Because c...