Environmental, social and governance" (ESG) priorities are reshaping the global economy. In turn, regulation is adding further impetus to the ESG transition, especially regarding investments, risk and reporting. The key question is how to turn ESG priorities into action. ESG covers a vast area and the complexities are heightened by crossovers and knock-on impacts between environmental, social and governance priorities. Even knowing where to begin can be challenging and it’s telling that most insurers (source: PwC Global Insurance ESG Survey 2022) have yet to take significant action on either the social or environmental aspects of ESG. Starting earlier will bring a competitive advantage and we can help.
Our team has hands-on experience with implementing ESG for pioneers from all industries (not just insurance). In addition to alignment with regulation, the changes have significant implications for key aspects of strategic management, including product development and investment decisions. We help our clients identify and quantify the impacts of environmental changes, modelling assumptions and finding market opportunities.