sustainability News

Maryland Is Fifth U.S. State to Join the International Sustainable Insurance Forum

Consistent with Governor Larry Hogan’s commitment to address and mitigate the effects of climate change, the state of Maryland has joined the Sustainable Insurance Forum (SIF) of the United Nations Development Program (UNDP). The UNDP SIF is a global network …

People Moves: Carpenter Names Willis Re’s Harden President of APAC; HUB Appoints Stait to Lead Canada Cannabis Specialty; Riega Is Fidelis’ Head of Sustainability

This edition of International People Moves details appointments at Guy Carpenter, HUB International and Fidelis Insurance. A summary of these new hires follows here. Guy Carpenter Names Willis Re’s Harden as President of Asia Pacific Guy Carpenter & Co., the …

New Global Board for Corporate Sustainability Standards Gets Heavyweight Advisers

Former European Central Bank President Jean-Claude Trichet will head an advisory group on setting up a global board for sustainability-related company disclosures, the IFRS Foundation said on Monday. The new International Sustainability Standards Board (ISSB), due to be unveiled ahead …

California Commissioner Launches Database of Green Insurance Products

California Insurance Commissioner Ricardo Lara on Tuesday formally launched the Climate Smart Insurance Products Database, what is being touted as “the first-ever consumer-oriented list of green insurance policies.” The California Department of Insurance has developed the database to help the …

Travelers Names Cohn to New Chief Sustainability Officer Post

The Travelers Cos. has created a new position of chief sustainability officer and named Yafit Cohn to fill the post. Cohn will lead Travelers’ environmental, social and governance (ESG) efforts across the organization and will serve as a member of …

AIG Creates Sustainability Post; Names Waldner as Chief Officer

American International Group said it has created a position of chief sustainability officer to lead the development and implementation of a company-wide sustainability strategy and appointed Jennifer Waldner to fill the role. She will lead a cross-functional team to drive …

U.S. Insurers Not Doing Enough on Sustainability, New Report Shows

A new report from a sustainability advocate gives two green thumbs down to the U.S. insurance industry for its inability to grow its efforts, or its interest, in dealing with climate change compared with other sectors. The report, TURNING POINT: …

Report from Sustainability Advocate Shows U.S. Insurers Lag Peers

While a small group of insurance companies is taking meaningful steps to acknowledge and respond to the business risks posed by a new operating reality posed by a changing climate, overall the sector’s performance lags behind its peers in several …

Connecticut’s The Hartford Recognized for Sustainability Efforts

The Hartford has been recognized for its leadership status by the CDP, formerly called the Carbon Disclosure Project, and has been named to the 2017 Dow Jones Sustainability Indices (DJSI). This is the 10th year The Hartford’s sustainability efforts and …

Swiss Re’s U.S. Solar Power Plant is One Part of Its Climate Change Commitment

Swiss Re’s solar power installation at its U.S. headquarters in Armonk, N.Y., a 2-megawatt facility expected to be up and running by late spring 2017, is just one part of a green theme that the carrier has been writing for …