gssbsecretariat@globalreporting.org

Item 03 – GRI Sector Standard
Project for Financial Services –Proposed member substitution for
Insurance Technical Committee
For GSSB approval
Date

4 March 2024

Meeting

14 March 2024

ProjectSector Standard Project for Financial Services

Description

The Global Sustainability Standards Board (GSSB) has identified the GRI Sector
Standards for Financial Services as a priority project. The proposal was approvedin the GSSB meeting of February 2023.
This paper presents a substitute nomination to the insurance technical committee
for information and approval by the GSSB.

This document has been prepared by the GRI Standards Division and is made available to observers
at meetings of the Global Sustainability Standards Board (GSSB). It does not represent an official
position of the GSSB. Board positions are set out in the GRI Sustainability Reporting Standards. TheGSSB is the independent standard setting body of GRI. For more information visit
www.globalreporting.org.

© GRI 2024

Contents
1. Background ......................................................................................................................................... 3
2. Selection process and criteria ............................................................................................................. 3
3. Additional proposed member to the Insurance TC ............................................................................... 4Page 2 of 411. Background2

The GSSB approved the project proposal for the GRI Sector Standard Project for Financial Services

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in its meeting on 16 February 2023. The GRI Standards Division prepared the Terms of Reference for4

the technical committees and provided these to the GSSB with the project proposal in February 2023.

5

At its meeting on 20 July 2023, the GSSB approved 13 Insurance Technical Committee members.

6This document presents the substitution of one existing member with a replacement candidate from7

the same constituency to the committee. The substitution is required to replace a member who has

8resigned from the committee for personal reasons. The substitute candidate has confirmed their

9availability and interest in participating on the technical committee.

102. Selection process and criteria

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In line with the due process protocol, technical committee (TC) members are appointed by the GSSB

12and should reflect a balance of multi-stakeholder constituencies. The approved TC has at least one

13

person drawn from each constituency on which the membership of the GSSB is based: business

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enterprise, civil society, investment institution, labor, and mediating institution.

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The principal criteria for selecting TC members are relevant knowledge and experience relating to the16banking sector and its role in sustainable development. In addition, the Standards Division will also

17

consider the following:

18•

Adequate knowledge of all parts of the insurance sector

19•

Expertise in sustainability reporting in the insurance sector

20•

Expert knowledge of the impacts of the insurance sector: economic, environmental, and21

social22

The proposed TC member represents the business enterprise to maintain the original composition of

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the TC. Following the consideration and approval from the GSSB of this additional member, the final

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composition of the TC is 13 candidates representing the constituencies as follows:25•

Business enterprise: five candidates

26•

Civil society: two candidates

27•

Investment institutions: two candidates

28•

Mediating institutions: three candidates

29•

Labor: one candidate

Page 3 of 4

gssbsecretariat@globalreporting.org

30

3. Additional proposed member to the Insurance TC#TitleOrganization

Constituency

Region1Senior Manager
PrudentialSupervision

AchmeaBusinessEurope

Extract of background and experience
••
•
•

•

Over two decades working in financial services and insurance sectors
Within current role is responsible for the interpretation and implementation ofEUT and CSRD for Achmea
Extensive experience in prudential legislation and interpretation for insurance,banking and asset management activities
Extensive experience in various reporting and compliance projects including
implementation of IFRS, special accounting projects, and quantitative impact
studies solvency II
Holds various positions on external working groups: Solvency working group ofDutch association of insurers (Chairman), Solvency II working group ofInsurance Europe (member), Prudential regulation working Group Amice (Cochair), Sustainability working group AMICE (member), Dutch sustainability
reporting working group (member)This document has been prepared by the GRI Standards Division and is made available to observers at meetings of the Global Sustainability Standards
Board (GSSB). It does not represent an official position of the GSSB. Board positions are set out in the GRI Sustainability Reporting Standards. The GSSB isthe independent standard setting body of GRI. For more information visit www.globalreporting.org.

© GRI 2024