Environmental policy statement

Background

Intact Insurance recognises that activities in general insurance have some impact on the environment. We believe that our performance as a well recognised insurer, operating in 34 countries, will be measured not only by our profitability as a business but also our impact on the environment. As a major insurer of commercial, industrial and individual risks, we have the opportunity to use advanced underwriting and risk management techniques to help our clients minimise the risk of incidents which adversely impact the environment. We seek to provide advice to customers and lobby on material issues for improved environmental standards.
 

Scope

This Policy applies to all Intact Insurance operations, including wholly or majority owned subsidiaries and associated companies where Intact Insurance has management control.
 

Statement of Principles

Intact Insurance will strive to continually improve environmental performance in our operations and prevent pollution of land, air and water. All applicable Intact Insurance offices and major sites will report on a quarterly basis using the Intact Insurance system to provide full and accurate disclosure on the following business impacts:

• Energy consumption (all forms)
• Water consumption
• Paper use
• Avoiding disposal and increasing reuse and recycling of waste
• Business travel
• Climate change related emissions

New premises and major refurbishments should incorporate best practice environmental standards of construction and design, e.g. BREEAM, LEED, or equivalent.

Intact Insurance will seek to comply with applicable legal requirements and to any other requirements (e.g. ClimateWise) to which Intact Insurance subscribes relating to the environment impacts and aspects by way of annual review.

Intact Insurance will work with material suppliers to reduce the environmental impact of products and services while seeking environmentally preferable ones. Intact Insurance expects material suppliers to work towards the minimisation of environmental impact and be able to demonstrate progress.

We will seek to foster a sense of engagement and ongoing dialogue within our sector and to other stakeholders promoting debate while keeping them updated on our progress as appropriate.

RSA will seek to take into account environmental issues when developing products and services.