Triple P Capital invests in projects that help communities adapt to and prepare for climate change while also increasing their resilience against its effects. We use insurance to protect people and assets from climate events and encourage risk-reducing behaviours while enhancing market resilience.


Triple P's Portfolio Companies' Climate Adaptation Actions

• Covered 55,992 smallholder farmers in Cambodia through weather index crop insurance policies

• Covered VND 56.9 b of losses arising from natural catastrophes in Vietnam in 2022

• Launching pilot programs for agricultural insurance for rice farmers and green motor insurance

• All insurers invest responsibly by excluding coal-related securities and other businesses with negative environmental or social impact


intentionally focusing on investments that promotes climate adaptation

  • The climate protection gap in Southeast Asia is significant

  • In 2023, 91% of the $65 billion in natural catastrophe losses were not insured

  • Triple P's target markets have some of the largest "insurance gaps" globally, highlighting the critical need for better insurance coverage in these under-protected markets

Source: AON 2024 Climate and Catastrophe Report, Lloyds and Guy Carpenter

Triple P will support climate adaptation by tracking the contribution to EU taxonomy criteria for non-life insurance, and use ASPIRE metrics to monitor climate adaptation contributions for other investments.


EU Taxonomy

The EU Taxonomy system enables companies and investors to identify environmentally sustainable economic activities and make "sustainable investment" decisions. The EU Taxonomy classifies non-life insurance as an activity that contributes to climate adaptation with five criteria for assessing its impact on climate adaptation.

Climate Adaptation Criteria

EU Taxonomy: five criteria for insurance's contribution to climate adaptation

  • 1. Leadership in modelling and pricing of climate risks
  • 2. Product design
  • 3. Innovative insurance coverage solutions
  • 4. Data sharing
  • 5. High level of service in post-disaster situations