ESG and insurance

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What is ESG?

Environmental, social, and governance (ESG) considerations are increasingly high priorities for businesses as regulations become more prevalent and stakeholder expectations increase globally.

The term ‘ESG’ encompasses three pillars which are often interlinked and include some of the following:

  1. •

    environmental—this involves assessing the environmental impacts of an organisation’s business activities. For example, emissions, pollution, water consumption, and waste caused as a result of their operations

  2. •

    social—looks at potential human

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