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Sustainable Development Goals (SDG)s

Actuaries identify and manage long-term risk, and can offer a unique expertise into public policy priorities. The Sustainable Development Goals (SDGs) require governments across the world to engage in long term thinking.

There is a consensus in government that the SDGs can only be achieved with the involvement of the private sector working alongside governments, Parliaments, local authorities, civil society, and the scientific and academic community. However, the role of the financial services industry in relation to the SDG’s has so far remained relatively unexplored by policymakers. There is a tendency for policymakers to focus on the roughly £150 billion worth of official development assistance, but there needs to be an increased focus on the £300 trillion of capital in the global markets. If this £300 trillion is harnessed to support, rather than undermine, sustainable development globally, it could be transformative in achieving the Goals.

Financial services has a vital role to play, as fuelling the transition to a sustainable and inclusive global economy by 2030 will require significant amounts of capital. The Principles for Responsible Investment, of which the IFoA is a Network Supporter, considers 13 of the 17 SDGs directly investible, with the others either being Goals where the financial sector can assist in positive transformation, or where the goals support positive financial activity.

In October 2018, the IFoA hosted a webinar on the UN’s Sustainable Development Goals (SDGs). Watch the webinar 

The IFoA have also compiled a list of useful resources from academics, businesses, industry bodies and supranational organisations that are engaging with the SDGs and considering how financial services can respond.

Lucy SayeThe SDGs are the blueprint to achieve a better and more sustainable future for all. Using their unique skill and expertise, actuaries have an important role to play in achieving the 2030 agenda.

Lucy Saye - Sustainability Board  

 

SDG Case Studies 

Sustainable Development Goals Consultations

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Events calendar

  • The Growth Mindset for Actuaries

    13 October 2021 - 8 December 2021

    Fully booked.

    This practical course is aimed at actuaries at any stage of their career who want to develop their own growth mindset and apply it to their work setting and personal or professional lifelong learning. The content of the course builds on the lecture given by Dr Helen Wright on Growth Mindset as part of the President’s 2021 Lecture series, and will be delivered over a period of 2 months, from mid-October to early December.

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    The importance of biodiversity for finance, business and policy is being increasingly recognised. While many studies highlight the overall economic impact that biodiversity loss could have, it is much more difficult to quantify and understand the particular impact that is may have on individual businesses or communities. The management and measurement of these risks is a field where actuaries are well placed to contribute.

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    The climate crisis and the degradation of our planet will affect societies everywhere. How we address these threats will require solutions that transcend borders. As a global profession, the actuarial community is well-placed to consider and propose effective risk management solutions to help manage the climate crisis.

  • GIRO 2021 Webinar Series

    Online
    8 November 2021 - 19 November 2021
    Spaces available

    Join leading experts to discuss key issues, emerging ideas and new research across the general insurance sector.

  • Spaces available

    This is a free webinar with an expert panel providing their views on the ongoing IFoA consultation for proposals regarding changes to the regulatory framework on climate change and sustainability.

    The regulatory consultation sets out, for feedback some proposed approaches that the IFoA are considering in relation to charter commitments under the UK’s Green Finance Education Charter (GFEC) and the regulatory framework, including the Actuaries’ Code.

  • Life 2021 Webinar Series

    Online
    22 November 2021 - 26 November 2021
    Spaces available

    Join leading experts to discuss key issues, emerging ideas, and new research across the Life insurance sector.

  • Spaces available

    The role of actuaries within the health sector varies considerably from one country to another, due to differences in the local evolution of health systems and the funding models for health services. 

  • Spaces available

    Content will be aimed at all actuaries looking to understand the issues surrounding mental health in insurance and in particular those looking to ensure products and processes widen access for, and are most useful to, those experiencing periods of poor mental health.
     

  • The Many Faces of Bias

    2 December 2021

    Spaces available

    This webinar looks at the many types of biases, both conscious and unconscious and the impacts they can have in the workplace.  Raising our own awareness and understanding of the issues can help us avoid the pitfalls of unconscious bias in particular.  We’ve all heard the phrase ‘office banter’ but are we sure that’s how those on the receiving end perceive it and is it ok to go along with it?