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Consistent with the scientific reports of the Intergovernmental Panel on Climate Change (IPCC), QBE recognises that a failure to rapidly decarbonise our economies will lead to increasingly volatile and severe weather-related events with significant economic consequences. 

Climate change is a key material risk for QBE, impacting our business and customers. We are committed to identifying, managing and disclosing our climate-related risks and opportunities in line with the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. Our Climate Change Action Plan can be found in our 2018 Annual Report.