Activities and assets in scope
We provide cover for risks which are a demonstrable part of global energy transition. The activity or asset being covered will be allowing the company, organization, or country to strategically move from a reliance on carbon-based products to more sustainable energy sources and practices.
Activities in scope
- The replacement of existing, fossil fuel assets with renewable energy capacity
- The displacement of energy capacity with renewable energy capacity. The construction of renewable energy assets may exist alongside fossil fuel assets in emerging and developing economies
- Construction of Liquified Natural Gas (LNG) and gas-fired assets only where the asset will reduce the organization or country carbon footprint
- Projects which improve or mitigate the impacts of existing energy technology
Enabling and supporting activities which are essential to the above are also in scope. For example, liabilities associated with the financing of energy transition projects.
Assets in scope
- Predominantly power generation including hydropower, renewable energy, nuclear, biomass, gas fired power plants, LNG power plants, hydrogen production, carbon capture/storage
- Storage and conversion technologies including battery plant and EV battery construction, hydrogen manufacturing, LNG terminals, hydrogen-ready pipeline retrofitting
- Crucial distribution infrastructure for electricity distribution including battery storage, transmission networks and plants, cross border interconnectors
- Decommissioning and disposal of ‘old’ infrastructure in the support of the above
Enabling and supporting activities which are essential to the above are also in scope. For example, liabilities associated with the financing of energy transition projects.
Activities in scope
- The replacement of existing, fossil fuel assets with renewable energy capacity
- The displacement of energy capacity with renewable energy capacity. The construction of renewable energy assets may exist alongside fossil fuel assets in emerging and developing economies
- Construction of Liquified Natural Gas (LNG) and gas-fired assets only where the asset will reduce the organization or country carbon footprint
- Projects which improve or mitigate the impacts of existing energy technology
Enabling and supporting activities which are essential to the above are also in scope. For example, liabilities associated with the financing of energy transition projects.Enabling and supporting activities which are essential to the above are also in scope. For example, liabilities associated with the financing of energy transition projects.
Assets in scope
- Predominantly power generation including hydropower, renewable energy, nuclear, biomass, gas fired power plants, LNG power plants, hydrogen production, carbon capture/storage
- Storage and conversion technologies including battery plant and EV battery construction, hydrogen manufacturing, LNG terminals, hydrogen-ready pipeline retrofitting
- Crucial distribution infrastructure for electricity distribution including battery storage, transmission networks and plants, cross border interconnectors
- Decommissioning and disposal of ‘old’ infrastructure in the support of the above
Enabling and supporting activities which are essential to the above are also in scope. For example, liabilities associated with the financing of energy transition projects.
Activities in scope
- The replacement of existing, fossil fuel assets with renewable energy capacity
- The displacement of energy capacity with renewable energy capacity. The construction of renewable energy assets may exist alongside fossil fuel assets in emerging and developing economies
- Construction of Liquified Natural Gas (LNG) and gas-fired assets only where the asset will reduce the organization or country carbon footprint
- Projects which improve or mitigate the impacts of existing energy technology
Enabling and supporting activities which are essential to the above are also in scope. For example, liabilities associated with the financing of energy transition projects.Enabling and supporting activities which are essential to the above are also in scope. For example, liabilities associated with the financing of energy transition projects.
Activities in scope
- The replacement of existing, fossil fuel assets with renewable energy capacity
- The displacement of energy capacity with renewable energy capacity. The construction of renewable energy assets may exist alongside fossil fuel assets in emerging and developing economies
- Construction of Liquified Natural Gas (LNG) and gas-fired assets only where the asset will reduce the organization or country carbon footprint
- Projects which improve or mitigate the impacts of existing energy technology
- Enabling and supporting activities which are essential to the above are also in scope. For example, liabilities associated with the financing of energy transition projects.Enabling and supporting activities which are essential to the above are also in scope. For example, liabilities associated with the financing of energy transition projects.
