The UN-convened Net-Zero Insurance Alliance (NZIA) is a group of 30 leading insurers representing more than 15% of world premium volume globally.

NZIA members have committed to transition their insurance and reinsurance underwriting portfolios to net-zero greenhouse gas (GHG) emissions by 2050, consistent with a maximum temperature rise of 1.5°C above pre-industrial levels by 2100, in order to contribute to the implementation of the Paris Agreement on Climate Change.

As risk managers, insurers and investors, the insurance industry has an important role in the transition to a net-zero global economy. The NZIA is a member-led group that supports its members as they work towards decarbonising their underwriting portfolios by individually setting science-based intermediate targets and reporting on their progress annually. The Alliance will also advocate for and engage in governmental policies for a science-based and socially just transition of economic sectors to net-zero.

Version 1.0 of the NZIA Target-Setting Protocol is now available. Click here for more information.

The NZIA is convened by the UN Principles for Sustainable Insurance (PSI): the UN Environment Programme-convened initiative is the largest collaboration between the UN and the global insurance industry. The commitment signed by the members of the NZIA is accredited by the UN Race to Zero and the alliance is a member of the Glasgow Financial Alliance for Net-Zero.