The sustainability risk management process

The adherence to, and the application of, the ESG Risk Framework is firmly embedded in the Group's underwriting guidelines.

The Framework's policies are implemented through a sustainability risk management process consisting of three elements: 

  • the ESG risk assessment 
  • the ESG risk referral  
  • a potential escalation (appeals procedure) 

The sustainability risk management process applies to underwriting transactions where information granularity is available and allows for a meaningful ESG risk assessment. This level of granularity is most often found in the areas of single-risk re/insurance business.

Find out what the guidelines and policies are, and how we implement them by downloading the ESG Framework publication

 

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