CHARLES SINCOCK | ESG Lead, Capco
HUGO GOUVRAS | Senior Consultant, Capco
The environmental, social and governance (ESG) agenda has become an increasing priority for the financial services sector, including insurers. The Paris Agreement in 2016 was a landmark event for climate action, and subsequently there has been an increase in social justice considerations.
This article explores what insurers need to consider when approaching their ESG agenda, including integrating ESG within the core business and operations, as part of underwriting, investing and risk management decisions, and developing tailored ESG products and services.