An underwriting firm, AXA Mansard Insurance, has stressed the need for increased efforts to checkmate the impacts of climate change on the country.

Its Chief Client Officer, Mansard, Rashidat Adebisi, made the call at the launch of Shared Value Nigeria, held in Lagos saying climate change is causing a significant and widespread impact on the environment, human health and economies globally.

She also observed that climate change poses an existential threat to humanity, necessitating urgent action to mitigate its effects.

According to her, the underwriter has a two-pillar approach to sustainability, which are climate change and inclusive protection.

“This involves conscious efforts to minimise environmental impact and ensure that we drive health, well-being, and economic inclusivity within the vulnerable community such as women, children, girls, and so on,” she said.

She continued: “For us at AXA, our perspective on profit with purpose is at the heart of the sustainability agenda. We believe that a sustainable world is an insurable world. So, if we continue committing ourselves and resources to make the world safer, more secure, and healthier, we can create prosperity for everyone.”