CTF Life (formerly FTLife) is leading the way in sustainable finance by adopting a sophisticated “double-materiality” framework. This innovative approach addresses both the environmental impact of investments and the associated financial risks, setting a new standard for climate risk integration among insurance providers in Asia.
Richard Chan, the Chief Investment Officer and ALM Officer at CTF Life, highlighted the significance of this move. This framework allows the company to comprehensively evaluate the impact of its investments on the environment, while also assessing how environmental changes, such as those related to climate, may create financial risks.
