#12 - Environmental, Social and Corporate Governance (ESG)
This week’s episode focuses entirely on ESG (environmental, social and governance). The guys get into a nuanced discussion around sustainability, corporate responsibility, and corrective behaviour in pursuit of protection. To balance out this heavy topic, we finish on a game of Risk of the Week! CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 01:38 Climate Change as an Emerging Reinsurance Risk 02:49 What Is ESG? 06:36 The Financial Aspect of Environmentally Unfriendly Risk 13:07 Cultural Shift Towards Greener Solutions 15:19 Campaigning Group’s Criticism of Lloyd’s 17:41 Corrective Behaviour in Pursuit of Protection 19:57 Reducing Competitors in Unsustainable Insurance Practices 22:21 Pricing Climate Risk 24:25 Should Bad Behaviour Incur a Higher Premium? 25:44 Evolving Towards Better Practices 28:48 Risk of the Week