The British Insurance Brokers Association (BIBA) has today launched a new Environmental, Social and Governance (ESG) guide for members in an effort to aid brokers address increasing pressure from stakeholders on these issues.
BIBA stated that it had observed increasing pressure for firms, regardless of market sector, from stakeholders to evidence they understand and are addressing ESG issues and that insurance brokers are no exception. The online guide, composed in conjunction with law firm Weightmans, covering why ESG matters, setting an ESG plan and objectives to monitoring, reporting and continuous improvement, as well as demonstrating why it makes "good business sense to consider ESG." It includes furthers details on key aspects of implementing an ESG policy referred to as stepping stones, allowing fir...
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