Environmental, Social, and Governance (ESG) Considerations
The growing emphasis on Environmental, Social, and Governance (ESG) factors has led insurers to examine how their investments and policies affect the world around them. ESG considerations in the insurance industry include:
- Sustainable Investing: Many insurers now seek to invest in green projects or environmentally responsible companies to align with the growing demand for sustainability.
- Carbon Risk: As the world moves toward carbon-neutral economies, insurers are increasingly factoring climate risk and carbon footprints into their underwriting and investment strategies.
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