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.
The sustainability risk management process
Find out what the guidelines and policies are, and how we implement them by downloading the ESG Framework publication.