Carbon limiting tech creates new opportunities for insurers

In addition to that, Swiss Re has become the first multinational company to introduce a triple-digit real internal carbon levy on direct and indirect operational emissions. The Carbon Steering Levy, which the firm says provides “a strong incentive to further reduce its operational emissions,” has been set as US$100 per ton CO2 as of 2021 and will gradually increase to US$200 per ton by 2030.

Swiss Re is leading by example as the world moves towards a low carbon footprint. By keeping global warming to well below 2˚C from pre-industrial levels, the target is to reduce greenhouse gas (GHG) emissions

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