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Aon at COP28: What to Expect
November 28, 2023

324 words…a minute and a half read

One big thing: World leaders will meet in Dubai later this week for COP28 to discuss the steps needed for transformative climate action. The event is a milestone moment for the businesses and governments around the world to address progress on the Paris Agreement.

  • Eric Andersen, president of Aon, will attend the event alongside other Aon leaders to discuss their role in climate action.

Zoom out: Aon’s 2022 Environmental, Social and Governance Impact Report highlights how we operate our firm and the market-leading solutions we deliver to meet our clients’ growing needs. Additional highlights from our Aon United strategy that drive better solutions and better outcomes for our clients and our firm include:

  • In September, Aon brought together more than 200 clients and leaders across business, government and communities for a series of discussions at its New York office during New York Climate Week 2023. Read more about the week here.
  • Aon, along with the International Federation of Red Cross (IFRC) and the Center for Disaster Protection (CDP), have developed the InsuResilience Solutions Fund (ISF), which supports the Disaster Response Emergency Fund’s (DREF) ability to respond to natural disasters. The fund offers an insurance backstop to provide financial support to the DREF for natural disasters, including floods, earthquakes, wildfires, droughts and hurricanes around the world. Read more here.
  • Aon is committed to achieving net-zero greenhouse gas emissions by 2030, the firm has set targets validated by the Science Based Targets initiative in line with a 1.5-degree pathway. The approval means that Aon’s targets are consistent with a global goal of limiting warming to 1.5°C by 2032. Read more here.
  • Eric Andersen testified before the U.S. Senate Budget Committee to discuss the role insurance can play in mitigating climate risk. Read more here.
  • The firm launched a new climate innovation hub in Singapore, supported by the Singapore Economic Development Board, that will help Aon’s clients around the world navigate environmental risks and opportunities. Learn more.
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