![]() |
DBRS Morningstar released a commentary titled “ESG Takes Center Stage as Insurers Set Sustainability Goals and Restrict Cover to High Polluters” that discusses rising Environment, Social, and Governance (ESG) awareness. Insurance companies are starting to respond more decisively by setting ambitious emissions targets for themselves and restricting cover for some industries like high polluters in the energy and oil and gas sectors, notably the tar sands in Canada and coal. |
The commentary highlights the following: An increasing number of insurers are signing on to follow the United Nations Environment Programme Finance Initiative's Principles for Responsible Investment. With more than $36 trillion in assets, the global insurance industry will play a key role allocating investments to economic sectors that better align with long-term sustainability goals. “With the continued interest in the adverse effects of climate change and the need for concrete action, investors, regulators, and customers are beginning to appreciate the relevance of ESG factors in fostering a sustainable global financial system.” says Victor Adesanya, Vice President, Insurance.
“The growing momentum of sustainable investment among insurers will facilitate the transition toward a low-carbon economy globally, which will help mitigate the effects of climate change. DBRS Morningstar expects that many insurance companies will adapt to sustainability frameworks in the future with the trend accelerating in the near term.” ESG Takes Center Stage as Insurers Set Sustainability Goals and Restrict Cover to High Polluters |
|
|
|
Consultancy Bonanza! | ||
UK-wide / London / hybrid - Negotiable |
Service Delivery Manager - Pensions | ||
Scotland / remote / 2 dpm in the office - Negotiable |
Life Actuarial Student – Risk | ||
Glasgow / hybrid 2 dpw office-based - Negotiable |
Senior Investment Analyst | ||
London / hybrid - Negotiable |
ALM Strategy Specialist | ||
Bermuda - Negotiable |
Senior Casualty Reinsurance Actuary | ||
London - £140,000 Per Annum |
Senior Pensions Administrator - Midlands | ||
Birmingham / hybrid - Negotiable |
Senior Pensions Administrator - Scotland | ||
Scotland / hybrid 2 days per month office-based - Negotiable |
Investment Analyst | ||
South East / hybrid - Negotiable |
International Capital Management Actuary | ||
Bermuda - Negotiable |
VP Reserving Actuary | ||
London - £150,000 Per Annum |
Calling all BPA analysts! | ||
North West / hybrid 50/50 - Negotiable |
Financial Planning & Analysis Actuary | ||
London/Hybrid - Negotiable |
Apply Your Doctorate to Technical Pri... | ||
Fully remote / nationwide / hybrid working options all available - Negotiable |
Senior Investment Manager | ||
London / hybrid - Negotiable |
P&C Consultant | ||
London / hybrid 3dpw office-based - Negotiable |
Senior Pricing Actuary | ||
London - £140,000 Per Annum |
Actuarial Pensions Manager | ||
Flex / hybrid 2-3 dpw office-based - Negotiable |
Financial Reporting in beautiful Bermuda | ||
Bermuda - Negotiable |
Make a difference within BPA Administ... | ||
North West / hybrid 50/50 - Negotiable |
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.