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At CelsiusPro, we value sustainability and support governments, industries, businesses, and households to become more sustainable by managing the impacts of climate change. Our boutique InsurTech company has pioneered climate risk reports and parametric insurance solutions to help our clients worldwide mitigate the effects of extreme weather and natural catastrophes.
CelsiusPro affirms its commitment to sustainability by now joining the Swiss Sustainable Finance (SSF) association. As SSF states: “Sustainable finance refers to any form of financial service integrating environmental, social and governance (ESG) criteria into the business or investment decisions for the lasting benefit of both clients and society at large.”
Founded in 2014, SSF’s mission is to strengthen Switzerland's position as a leading voice and actor in sustainable finance, thereby contributing to a sustainable and prosperous economy. Through research and various work streams, SSF is the first port of call for information on sustainable finance in Switzerland.
“We are proud to now count CelsiusPro amongst our members and are glad to have their support in further promoting sustainable finance,” states Sabine Doebeli, CEO of SSF.
CelsiusPro leverages its technology to provide consultancy services to the financial sector. This, in turn, supports companies in identifying and comprehending the financial impact of physical climate risk on their business.
“With climate change, the need to take physical climate risks into consideration is crucial. CelsiusPro is looking forward to supporting SSF and its network by contributing to awareness-raising of climate risks and risk transfer solutions, positioning the Swiss financial sector as a global hub for sustainable finance,” says Mark Rueegg.
This further affirms CelsiusPro’s commitment to the development of a sustainable Green Tech ecosystem. In November 2020, the Swiss State Secretariat for International Finance (SIF), together with industry representatives including CelsiusPro (as the only InsurTech representative), launched the Green Fintech Network.
In January of 2024, climate disclosures will become mandatory for large companies in Switzerland, and reporting standards will need to comply with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). Our Climate Risk Insights and Solutions (CRIS) team provides company- and portfolio-specific insights into physical climate-related risks and helps our corporate clients set up a strategy for financial climate resilience.
For more information about Swiss Sustainable Finance (SSF), please click here.