The insurance industry is making strides in Environmental, Social, and Governance (ESG) initiatives by targeting emission reduction in underwriting activities. Zurich Insurance Group and Aon have teamed up to create a clean energy insurance facility specifically for hydrogen projects, reflecting a shift towards environmentally-friendly practices. According to Global Data, there has been a notable surge in the number of patents related to clean energy insurance, jumping from 1,537 in 2014 to 3,004 in 2023. Additionally, patents for carbon capture within the insurance sector have also shown a remarkable increase, soaring from 2,009 to 5,143 over the same period. This trend indicates a growing emphasis on innovation and sustainability within the insurance industry, with companies like Zurich and Aon leading the way in promoting clean energy solutions and emissions reduction in their underwriting activities.