Boards are increasingly recognising ESG as a critical risk area. This video provides a perspective on how the insurance industry is adapting to these new challenges.
In this episode, our specialists discuss the survey results with a particular focus on ESG (Environmental, Social, and Governance) related risks. The conversation highlights several important points from a board's perspective with WTW colleagues Angus Duncan and Hannah Summers.
Boards are increasingly recognising ESG as a critical risk area. However, there is a notable gap between the perceived importance of ESG as seen in the Global Directors and Officers Survey Results and the actual implementation of robust ESG frameworks. Many boards acknowledge the significance of ESG but struggle to translate this awareness into actionable strategies.
This video provides a perspective on how the insurance industry is adapting to these new challenges. There are some contradictions with the results and client conversations and this discrepancy suggests a gap between intent and action.
Contacts
The Global Directors and Officers Survey
Results - Panel Discussion