ESG & Insurance: Symbiosis Personified

During the presentation, the following topics will be addressed and discussed:

1) Introduction: Key question - 'Why ESG?'

2) Validity of ESG:

• Addressing scepticism about ESG's authenticity.
• Financial considerations - (Can you afford to embrace ESG?, Can you afford not to?).

3) Strategic Considerations:

• Evaluating if ESG is a cliché or a targeted strategy for commercial gains.

4) ESG Principles and Objectives:

• Revisiting ESG's principles and intentions.
• Looking at Sustainable financing models.
• Embracing shared values for humanity.
• Rejecting the old status quo.

5) Alignment with Insurance Purposes:

• Establishing the link between ESG and insurance goals.

6) Organizational Alignment:

• Urging organizations to pause and assess alignment with ESG.

7) Next Steps and Intentionality:

• Encouraging a focused examination of ESG objectives with intentionality.
• Pondering on organizational purpose.

8) Strategic Evaluation:

• Advocating for organizations to start with a clear end in mind.

9) Benefits and Challenges of ESG for Insurers:

• Highlighting benefits for insurers and clients.
• Acknowledging challenges in adapting to ESG.

10) Baselining:

• Emphasizing the need to define business outcomes: - Long-term value creation or short-term profits.

11) Finding Purpose:

• Stressing the importance of identifying the organization's "raison d'étre."

12) ESG Imperative:

• Positioning ESG as a moral compass for both private and public insurers.
• Aligning with the evolving mindset favoring societal impact over mere financial gains.

13) Thriving in a Moralized Marketplace:

• Placing the value system at the forefront.
• Emphasizing the need for concerted follow-through.

14) ESG Dynamics:

• Contrasting contemporary insurance trends with traditional shareholder value emphasis.
• Broadening the scope to maximize stakeholders' value, including environmental and social aspects.

15) Adaptation Challenges:

• Highlighting the need for businesses to adapt to evolving ESG definitions while navigating compromises.
• Pivotal for future-proofing insurance businesses.