There is increasing focus on embedding ESG into insurance companies’ day-to-day activities. The PRA has recently issued a Supervisory Statement on managing the financial risks from climate change, and EIOPA is looking at the incorporation of sustainability into Solvency II.
But for many firms the question is ‘where to start?’. This is a wide-ranging topic, with a long list of terminology that is often confused, and evolving research and data analytics.
So in this presentation we will take a look at some of the practical ways in which firms can start thinking about ESG and implementing changes into their business, drawing on LV=’s own experiences.