Percentage increase in insurance costs due to nature-related loss and damage in the previous year.
Unit : Percentage (%)
Indicator : Capital allocated to managing nature risks and opportunities
Metric Type : Pressure
Frameworks alignment notes
Target 5, target 9
TNFD A8.3
Target example
[Company name] aims to limit the annual increase in insurance costs due to nature-related loss and damages in the prior year to no more than 5%.
Target Source: WBCSD target template
Sector
Value chain stage
Metric assessment
Relevance: Medium
Feasibility: Low