Tempest 24hr response 0845 052 4522
10 February 2023
Aviva has published its second Building Future Communities report, which found that the carbon cost of restoring a flooded home can equate to 55 car trips from Land’s End to John O’Groats or six and a half return flights from London to New York.
According to the British insurance giant, an analysis of its claims data showed that restoring a flooded home can create nearly 14 tonnes of CO₂ emissions.
“Using data from its UK general insurance claims team and real-life case studies, Aviva modelled the potential carbon cost of a flood event in two homes,” reads part of the 30-page Aviva report seen by Insurance Business.
“The homes had identical profiles, except for one important difference: the first did not have property flood resilience measures installed (Home A); the second had simple measures installed in line with the Flood Re Build Back Better funding scheme (Home B).”
The measures include flood doors, sealed brickwork, and raised electrical points.
“Comparing the protected and unprotected homes shows that failure to install property flood resilience measures comes with a substantial carbon cost,” noted Aviva. “The carbon footprint of a protected home was 64% lower than one without basic resilience measures in place.”
Click here to read the full article on insurancebusinessmag.com
Full credit to finsurancebusinessmag.com