ESG for Insurance Companies
The foundation of the insurance industry relies on identifying, understanding and managing risks. Using Verdafero InSights’ patented software technology, we can accurately and efficiently monitor and report on critical infrastructure for manufacturing and production facilities, as well as third party service providers. These reports can be used to create an ESG profile that identifies risks for insurance coverage purposes.
The COVID-19 pandemic in conjunction with the proliferation of catastrophic climatic events have emphasized the critical nature of ESG challenges. Keeping the ESG promise demands leaders to think long-term and strategically about all aspects of their organization. While businesses know that a focus on ESG is vital for company resilience, many continue to struggle to establish a framework for integrating ESG issues into their operations. Failure to do so may be expensive, since there is mounting evidence that ESG performance is positively connected with an enterprise’s value, revenue, and cost of capital.
Download this white paper to learn about ESG Reporting and Analytics – The Path Forward.