Chubb reveals new global climate officer | Insurance Business Australia
Chubb has announced the appointment of Maggie Peloso (pictured above) as senior vice president of Chubb Group and global climate officer and executive director of the Chubb Charitable Foundation. She will step into the role Jan. 16.
In the newly created role of global climate officer, Peloso will be responsible for Chubb’s climate-related strategies, including business and public policy initiatives. Peloso joins Chubb from law firm Vinson & Elkins, where she served as lead sustainability partner.
Peloso is an expert in environmental and global climate issues, and has authored numerous studies and reports on sustainability and climate risk. She holds a PhD in environment from Duke University and a law degree from Stanford University. She is a board member of the Environmental Law Institute and a past board member of the Surfrider Foundation. She is a former member of the American Bar Association Section of Environment, Energy and Resources Council.
“I am delighted to welcome Maggie to Chubb,” said Evan G. Greenberg, chairman and CEO of Chubb. “She has worked closely with us as outside counsel and demonstrated her leadership and expertise on a wide range of climate issues. As an insurer, our business is to provide protection to our insureds and offer them resilience against the threat of a changing climate through our products and services.
“We encourage and actively support societies’ efforts to transition to net-zero while supporting in a responsible way the need for energy security. Maggie’s experience and deep insight on climate issues will advance Chubb’s leading role in meeting the challenges of climate change to the benefit of our clients and society.”
“Chubb is engaged in research and advocacy on climate issues, both internally and externally, through industry institutions and international organisations,” said Joseph Wayland, executive vice president and general counsel for Chubb Group. “Maggie’s expertise and perspective will be critical as we further deepen our understanding of how underwriting policies can facilitate the reduction of [greenhouse gas] emissions, and as we continue to work actively to advance our industry’s expertise in climate change mitigation and adaptation.”
As executive director of the Chubb Charitable Foundation, Peloso will lead the foundation in expanding its reach and further its mission to support projects that solve problems in measurable and sustainable ways.
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