Intact Financial Corporation, a Canadian multinational property and casualty insurance company, released its five-part climate transition plan. The plan sets targets for its Canadian, U.S. and European businesses, including RSA Group, which it acquired in 2021. The five-part transition plan includes:

• a commitment to achieve net zero by 2050 in line with the Paris Agreement and an interim goal to halve emissions from its operations by 2030 using 2019 data as a baseline
• doubling down on helping people adapt to the extreme weather impacts of climate change in Canada, the U.S. and the U.K
• shaping climate-friendly behavior among customers by incentivizing green behavior, creating and scaling green products, and providing information and education
• enabling the transformation of businesses and industries key to the transition and supporting new industries that will be created to build a sustainable future
• collaborating with governments and industry to accelerate climate action.