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As insurtech becomes more widely accepted by carriers and policyholders, it saves time, expedites the claims process and can positively affect greenhouse gas emissions. As insurtech becomes more widely accepted by carriers and policyholders, it saves time, expedites the claims process and can positively affect greenhouse gas emissions. (Photo: Adobe Stock)

Last month, the U.S. Securities and Exchange Commission (SEC) unveiled its draft rule under which companies would need to disclose their direct and indirect greenhouse gas emissions on March 21, 2022. Greenhouse gas emissions generated by suppliers and partners would also be subject to disclosure if they are material or included in emissions targets set by the company.

While this proposal is debated in the United States, Europe has also taken recent steps to decrease private industry’s carbon emissions as it aims to cut net greenhouse gasses by 55% by 2030.

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