The global state of sustainable insurance
Subtitle: understanding and integrating environmental, social and governance factors in insurance
By: a report by the Insurance Working Group of the United Nations environment Programme Finance Initiative
Contributors: UNEP Finance Initiatives; UNEP Finance Initiatives. Insurance Working Group
Published: 2009
Language: eng
Subjects: Insurance; Social aspects; Environmental aspects; Sustainable development
Other titles: Understanding and integrating environmental, social and governance factors in insurance
Description: Global insurers controlling assets worth trillions of US dollars have joined with the world's leading academics in a United Nations-backed survey putting the industry's approach to sustainability and climate risks under forensic examination. The report highlighting the first-ever such global survey of the powerful insurance sector, and backed by the United Nations Environment Programme (UNEP), says that the industry has a fundamental role to play to speed the transition to a clean, green, low carbon global economy that supports sustainable development and tackles the threat of global warming head on. The document reveals that senior executives from the powerful sector are convinced that in order to sustain their industry's long-term economic health, they must systematically integrate key environmental, social and governance (ESG) factors into insurance company underwriting guidelines and product development, and other core operations such as investment management, claims management, and sales and marketing.
Notes: Viewed on (Oct. 26, 2009).

"October 2009."

"Launch document."