In its new “ESG – Toolbox for Captives” report, FERMA emphasises that captive insurance vehicles — traditionally used for managing operational and financial risks — can play a far broader role in supporting Environmental, Social and Governance (ESG) objectives for Read More …
Tag: #sustainability
Captives can advance ESG commitments, says Federation of European Risk Management Associations (FERMA) report
Omani banks urged to embed strategic risk management amid economic transition
Risk management is becoming a cornerstone of Oman’s evolving banking sector as the country pursues its Vision 2040 agenda. A recent article from Zawya highlights how strategic risk oversight is no longer limited to regulatory compliance but is integral to Read More …
UN experts urge shift from disaster recovery to proactive risk reduction
A new article on PreventionWeb underscores the urgent call by global disaster risk reduction experts to shift the focus from reactive disaster relief to proactive resilience funding. Titled “Fund resilience, not disasters: Why risk reduction is the future of insurability,” Read More …
Urban flooding reignites calls for climate-proof city planning
A new analysis argues that recurring urban floods across Indian cities point to a policy failure, urging governments to shift from relief to resilience. Planners are asked to embed climate-risk maps into master plans, restrict construction on floodplains, and restore Read More …
Facing the Climate Reality – Why Risk and Resilience Must Lead Our Future
Climate change is no longer a hypothetical future challenge—it’s a lived reality. From devastating floods in Asia to unprecedented wildfires in North America and persistent droughts across Africa, the effects of climate change are everywhere, touching economies, ecosystems, and communities Read More …
Case Study: Sustainability Challenges – Balancing Profit with Green Initiatives
Executive Summary This case study examines how a global manufacturing company faced significant sustainability challenges in balancing profitability with its commitment to green initiatives. Operating in an industry with high environmental impact, the company struggled to meet regulatory requirements, manage Read More …
5 ways in which life insurance companies can mitigate ESG risks
According to the World Economic Forum’s, Global Risk Report 2022, climate action failure ranked as the number one long-term threat to the world, a far cry from 2015 when it did not even feature among the top global risks. There Read More …