Environmental, social, and governance (ESG) criteria or standards or sustainability issues have impacted all sectors of society, including corporate and professional policyholders and their risk managers, insurance underwriters, and claims personnel. Indeed, for several years, ESG dominated the agendas of C-suite insurers and corporate policyholders.
This two-part commentary explores the components of ESG and its impact on insurers and corporate policyholders. Part one discussed navigating the ESG landscape, including the importance of environmental, social, and governance issues and their impact on insurers and policyholders. It compared the "all of government" approach of the Biden Administration with the "drill baby drill" and "merits-based" employment approach of the second Trump Administration.
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