Learn about our work on climate change and sustainability
Climate change is the greatest challenge of our time. In 2017, we issued our first risk alert. Since then, governments, businesses, and regulators have increasingly recognised that climate change and sustainability-related issues represent a material financial risk to future economic and market conditions.
It’s even more crucial now that actuaries are aware of these issues and that they appropriately take them into account. Members need to appropriately consider, and communicate clearly, the impact of climate change and sustainability issues or risks within their actuarial work.
Read what climate change means for the actuarial profession, including the risks and opportunities, in our comment piece: the greatest challenge of our time.
In this video Louise Pryor, Past President of the IFoA, discusses the role of the actuarial profession in sustainability and fighting climate change.
Explore the IFoA’s latest thematic review on climate change and sustainability – uncovering how actuaries are integrating sustainability considerations into practice and decision-making.
January 2025
Our fourth report with climate scientists proposes a novel Planetary Solvency risk dashboard, to provide decision-useful risk information to support policymakers to drive human activity within Earth’s finite bounds.
March 2024
‘Climate Scorpion – the sting is in the tail’ is the IFoA’s third report in collaboration with climate scientists. It shows that climate risks are complex, interconnected, and could threaten the basis of our society and economy.
July 2023
We partnered with the University of Exeter to produce this paper demonstrating how a deeper understanding of climate change, including tipping points can improve financial services climate- scenario modelling.
November 2022
Our joint report with the Climate Crisis Advisory Group (CCAG) looks at how actuarial risk-management techniques can be applied to the climate change problem.
June 2022
We contributed to this report from the Joint Forum on Actuarial Regulation. It explores the science behind climate change and its relation to actuarial work.
There were no sustainability consultation responses in 2024.
“Policy and thought leadership on this subject has never been more important. I’m proud that the actuarial profession is able to step forward with a range of policy initiatives and incisive thought leadership to support a transition to a sustainable future.” – Louise Pryor, IFoA Past President