The insurance industry’s path to ESG impact
Published on:
May 31, 2023
Many Canadian insurers are not just disclosing, but also actively undertaking new efforts related to environmental, social, and governance (ESG) factors. However, embedding ESG within a company’s core purpose and strategy, and then translating that to their lines of business and enabling functions continues to be an area of untapped opportunity. Pressure to respond to ESG considerations from investors, boards, customers, employees, and ecosystem stakeholders will only continue to intensify. Why must insurers act now?