Achmea has updated its Climate Transition Plan to broaden its focus beyond climate alone to also encompass nature and biodiversity.
For its investments in companies, Achmea aims to reduce CO₂ emissions by 32.6% by 2030 (compared with 2023) and achieve net-zero emissions by 2040. It has also expanded the scope of is real estate investment targets to include the indirect portfolio.
In addition, Achmea has raised the ambition for its own impact investments to 15% by 2030. It is also intensifying its engagement with companies on topics such as deforestation, climate change and a just transition.
“In this way, we use our influence as an investor to accelerate sustainable change,” the firm stated.
Through Achmea’s insurance activities, it also supports the energy transition by providing insurance cover for new technologies deployed in areas such as renewable energy generation, energy storage, hydrogen and carbon capture. In doing so, it offers developers and financiers greater certainty, help to reduce emissions and contribute to a safer and more future-proof energy system.
Bianca Tetteroo, chair of the executive board at Achmea, said: “Climate and nature are not separate issues, but are closely interconnected. They increasingly determine the scale of risks, the frequency of damages, and what remains insurable over time. Climate change affects nature, while healthy ecosystems help to mitigate and absorb its impacts. That is why Achmea brings these themes together in a single transition plan. We focus on solutions that contribute to both climate mitigation and adaptation, within our role as insurer, investor and employer.”
