Consultation: Underwriting environmental, social and governance risks in non-life insurance business
The first ESG guide for the global insurance industry developed by UN Environment’s Principles for Sustainable Insurance Initiative
Public consultation: 27 February to 30 September 2019
The public consultation version of the guide can be found at: http://www.unepfi.org/psi/underwriting-ESG-risks.
The guide is primarily intended for insurance industry participants with non-life insurance business, particularly industrial and commercial insurance business. It is aimed at industry participants who intend to develop their approach to integrating Environmental, Social and Governance (ESG) risk considerations into their core insurance business processes and decision-making.
This guide is also useful for stakeholders who might need to assess or obtain information on ESG risks from insurance industry participants, and who would like to better understand the relevance of ESG issues to the insurance business and approaches to managing them.
This version of the guide is a public consultation document. The consultation period will be open from 27 February to 30 September 2019.
Feedback will be reviewed by members of the PSI project team. Interested parties can alternatively send any feedback for consideration to firstname.lastname@example.org.
A full version of the guide will be published in Q1 of 2020.