Aon has set up a Climate Advisory Council in collaboration with the Climate Change Research Centre (CCRC) at the University of New South Wales.

The broker says the initiative aims to address climate risks as well as find solutions and mitigation initiatives in Australia and New Zealand.

“Our Council provides Aon and the CCRC a forum to openly discuss scientific and industry developments, gaps and opportunities in managing physical climate risk,” Aon Senior Catastrophe Research Analyst Tom Mortlock said.

Aon’s clients in Australia and New Zealand will benefit from the collaboration through access to the latest climate data, specialised analysis and advisory services on physical climate risk.

“Having a formalised ongoing relationship with this academic consortium also provides an opportunity for Aon to participate in discussions related to climate risk and lends an external research-based assessment as an objective source in relation to climate risk and solutions in the industry,” Dr Mortlock said.

Dr Mortlock is also an adjunct fellow at CCRC, the country’s largest climate science centre.