Coming together for a more sustainable, livable planet
The world is on a mission to accelerate the transition to a low-carbon economy critical to our planet’s future well-being. Economies all over the world will face unique constraints and opportunities. Each journey will be different. We need urgent, responsible action, a shift to a new way of doing things.
The insurance industry plays a critical role in our economic system by deploying considerable human and financial capital to ensure societies prepare for adversity. The industry’s world-class capabilities of assessing risks and developing solutions to mitigate them will be critical to how the climate transition unfolds.
The Liberty Mutual Climate Transition Center leverages proprietary research, data and insights and encourages cross-industry partnerships to advance the collective understanding of climate-related risks, impacts, and resilience. The Climate Transition Center aims to empower insurance professionals, customers, policymakers and decision-makers globally to adapt to and mitigate one of the biggest challenges of our time – climate change.
Featured event
Planning for the Climate Transition: Understanding Macro Risks
In June 2023, the Liberty Mutual Climate Transition Center and the Institute of International Finance (IIF) convened representative from the government, academia and the insurance and financial sectors to discuss the macro risks facing climate transition planning.
Latest research and insights
BloombergNEF: ‘Superpower’ of Insurers Curbs Energy Transition Risk
Rakhi Kumar, SVP of Sustainability Solutions and Business Integration, discussed how the Liberty Mutual Climate Transition Center is bringing the (re)insurance perspective to energy transition conversations with BloombergNEF, a strategic research provider focused on transition to a low-carbon economy.
Updated Resilient Building Codes Will Benefit Homeowners and Communities
Many U.S. homes and communities are highly vulnerable to the increasing impacts of climate change. However, there's a solution to improving your home while being cost efficient: updated building codes.
A systems-level approach
The importance of taking a macro perspective for pragmatic transition planning.
Climate Risk Data 101
Analyzing, preparing for, and responding to physical risks is at the heart of what we do every day, which is why we are experts in using science and data to understand climate risks. Learn about the different types of models that insurers use and how better climate data can lead to informed decision-making and more resilient communities.
The interconnected complexities of the energy transition
Understand the challenges and opportunities for the energy sector
Climate Transition Pathways
A summary of our published research on how finance can adapt and mitigate risk
Research Article: Journal of Financial Transformation
Read more to understanding the key challenges and opportunities in creating climate transition pathways