Verisk launches the insurance industry’s first Carbon Trust Assured Model for property claims in the UK, providing insurers with a tool to measure and reduce their carbon footprint. Developed in collaboration with the Carbon Trust, the model meets ISO 14064-3:2019, PAS 2050, and GHG Protocol standards. The Verisk Property Claims Carbon Calculator allows insurers to track emissions at the claim level and identify opportunities for carbon reduction during property repairs. The initiative aligns with regulatory pressures for Scope 3 emissions disclosure and Net Zero targets set by the Association of British Insurers for 2025. Verisk aims to advance sustainability through data-driven innovation and global risk intelligence.

Read more at GlobeNewswire.: UK Insurers Gain Insight into Carbon Footprint of Claims