ESG Tracker: July’s major company actions and announcements
2021-08-09T11:43:00+01:00
July saw the launch of several initiatives by companies looking to step up their ESG credentials. A selection of the most notable announcements are collated below
Marsh has announced several enhancements to its D&O insurance offerings, with the broker noting a greater willingness among underwriters to recognise businesses with superior ESG frameworks.
Executives leading the LGBTQIA+ insurance networking group Link spoke in a recent interview about the challenges members of their community feel in being open about their identities at work, and emphasized how crucial visibility is in driving industry cultural change.
Generali has placed a €500mn ($597mn) tier 2 bond due July 2032 under its new sustainability bond framework, marking the Italian insurer’s third placement of a sustainability bond following two green bond deals in recent years.
Bermuda has set out plans to “lead by example” as it diversifies its economy and becomes a centre for climate risk finance, the island’s government has said.
Over recent weeks The Insurer has conducted a major online survey to examine how the global (re)insurance marketplace is adapting its business models and strategies to address ESG challenges.
Long considered an emerging risk for insurers, environmental, social, governance and climate (ESG-C) risks are now one of the most talked about topics in the insurance industry.