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Deeper dive into the Actuaries Climate Index data sources
The ACI provides objective measures of specific and aggregate changes in climate extremes and sea level across Canada and the US and is based on an analysis of seasonal data from neutral, scientific sources for six index components collected since 1961.
Should we expect COP 26 to deliver a Paris Agreement 2.0? Can lessons from COVID-19 increase political will?
As global citizens and professionals, actuaries need to give some priority to a climate-sensitive, sustainable future and help enhance collective financial and societal well-being. COP 26 signatories drive political decisions, but the details at implementation level is what will matter for actuaries, so they should be prepared to participate in the formulation of clear, consistent, and financially sound proposals for the management of climate financial risks.
Actuaries Climate Index down again in latest five-year average
The winter 2020-21 data release of the Actuaries Climate Index (ACI), which provides objective measures of specific and aggregate changes in climate extremes and sea level across Canada and the U.S., shows a second consecutive small decline in the index’s five-year moving average and now sits at 1.19 points above the ACI reference period.
How to make the most of the Actuaries Climate Index
Since 2016, the CIA and its partners have released data from the North American Actuaries Climate Index (ACI) every quarter. The most recent release continues the tradition. But what can you do with this data? What does it mean? We caught up with members of the CIA’s Climate Change and Sustainability Committee (CCSC) to learn more about the ACI and help find out how you can make the most of it.
Actuarial focus on mitigating climate risks and adapting to change
As the Actuaries Climate Index and other climate-related measurements continue to tick upwards, the question is what do we do with these data? Are Canada and the provinces putting enough effort towards adapting our infrastructure to the potential consequences of climate change? How can Canadian actuaries get more involved in climate-related risk management and apply their expertise to the challenge?
Actuaries Climate Index reaches new heights for latest season and five-year average
The five-year moving average of the Actuaries Climate Index (actuariesclimateindex.org) reached a new high for the tenth consecutive quarter, according to the latest data release that includes summer 2020. The five-year moving average now sits at 1.23 points above the reference period of 1961-1990.
How actuaries are adapting their work to climate change risks
A 2020 survey of CIA members shows that just under one third of respondents account for climate change risks in their actuarial work, a proportion similar to that indicated in a 2019 survey. These results point to a continued need in the profession for additional information and guidance on the subject.
Spring 2020 Data Update to the Actuaries Climate Index
As attention to climate issues grows, ACI provides objective data on key climate measurements Washington, D.C., Arlington, VA, Schaumburg, IL, and Ottawa, ON (Dec. 1, 2020)—With climate risk issues receiving increased focus in 2020 and poised for even greater attention […]
Canada’s actuaries support a standard and open framework for disclosure of ESG risks
Ottawa, November 30, 2020 – The Canadian Institute of Actuaries (CIA) supports Canada’s eight largest pension funds in their call for companies to undertake consistent and improved disclosure of environmental, social, and governance (ESG) factors according to the Sustainability Accounting […]
Data Update to the Actuaries Climate Index
Long-term measure of extreme climate conditions reached a new high in winter 2019–20 Washington, D.C., Arlington, VA, Schaumburg, IL, and Ottawa, ON (August 26, 2020) –– A multiyear trend of increasing climate condition measurements from the United States and Canada […]