The Climate Charter developed by the HKFI is a groundbreaking initiative that marks the first-ever Climate Charter led by an insurance association in Hong Kong. It is a collaborative commitment of the insurance industry to build a more sustainable future and demonstrate the concerted efforts in helping address climate change.
As aptly pointed out by the Chief Executive, Mr John Lee, in his remark at the Asian Insurance Forum in December 2023, the Climate Charter shows “a united commitment to responding to the climate crisis”. The Insurance Authority also mentioned in its circular in December 2023 that insurers are strongly encouraged to sign up for the Climate Charter and contribute to the collective efforts in creating a more resilient and sustainable future.