InsurTech Magazine May 2023 | Page 93

Insure Our Future
Sustain . Life

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Insure Our Future

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Sustain . Life

Insure Our Future is a global campaign that started in Australia , with a mission of convincing large insurers to stop underwriting fossil fuel projects . When the group started out , industry insiders would tell them that there was no chance that insurers would voluntarily agree to stop insuring such activities . But , a decade later , Insure Our Future has achieved notable success , convincing around 40 major insurers – including AXA , Zurich and Allianz – to take action on high-polluting industries and rendering fossil fuel extraction “ practically uninsurable ”.
Sustain . Life describes itself as the “ all-in-one carbon accounting platform ”. In short , it allows businesses to measure , manage and report on their carbon impact . Sustain . Life provides comprehensive data analysis that calculates a business ’ emissions and gives advice on how to achieve net zero .
It was founded in 2021 by three former Walmart executives and an ESG expert who wanted to utilise their industry experience to scale tech solutions for climate action . Businesses that are engaged with their carbon footprint and understand their climate impact are more likely to take positive action to clean up their act .
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