Summary
Sustainable finance integrates environmental, social, and governance (ESG) criteria in business decisions, products, and operations.
Insurers have big stakes in sustainability, as climate change could make the world less insurable. Sustainability also presents an opportunity to launch new risk analytics and risk management products and drive acquisition and retention of values-driven customers and employees.
Financial services executives need to understand the increasing importance of sustainability, not only to appeal to an increasing number of values-based customers but also to future-proof their organizations.
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