In the case of Banking, Energy and Insurance, whose activity is subject to strict regulation, the percentage of executives who prioritize these issues in their strategies is higher than the national average (61%, 41% and 34%, respectively).
At a global level, it is striking that less than 60% of respondents say that their company's Board of Directors provides the guidance, supervision and critical control necessary to improve the company's performance in these areas, and only one in three say that their company's compensation model includes compliance with ESG-related indicators and metrics.
In general, the increased attention to ESG issues by organizations is reflected in investment plans, with one in three respondents (37%) stating that their company will allocate funds to promote these areas.
INESE, together with KPMG, is launching the 'Advanced ESG Course for Insurance Companies', now in its second edition, with the aim of making the insurance sector increasingly sustainable. With an eminently practical approach, the course reviews the regulations, explains how the industry can be truly sustainable and how its products can also be sustainable... as well as appearing to be so.
Translated by: A.M