As a global credit insurer, our remit is to enable successful trade. We are committed to supporting trade that is both ethically and environmentally sound.
Trade is essential for the world’s economic development. It allows companies to grow, thereby creating employment and reducing poverty. However, growth needs to be sustainable. That is why, together with our stakeholders, we aim to maximise the sustainable social value and minimise the negative impacts on social and environmental matters arising from our activities.
Our sustainability pledge
We support the ten principles of United Nations Global Compact on human rights, labour conditions, the environment and anti-corruption. Every year we provide an update on the progress we have made.
In addition, in 2022 we have become a member of the Net-Zero Insurance Alliance (via our parent company Grupo Catalana Occidente) which means we have committed to transitioning our insurance underwriting portfolio to net-zero gas emissions by 2050. With this ambition, we are one of the first 20 insurers worldwide with this commitment.
ESG at the core of our business
Environmental, Social and Governance (ESG) topics are more important than ever. They have become a key driver in the development of our products and services, our underwriting strategy and our day-to-day activities in our offices.
On Group level, we have a dedicated ESG Committee, sponsored by our CFO, with representatives from the worldwide lol竞猜(中国)联赛赛事官网 Leadership Team. Their role is to work on nine different work streams, shown below:
- ESG products
- Responsible investment
- Management of ESG Risks
- Digitalisation and innovation
- Environmental management
- Employee experience (including an equality plan)
- Investment in society
- Ethics and integrity
- Communication and stakeholder relations
The committee meets on a regular basis and works closely together with their counterparts from our parent company Grupo Catalana Occidente S.A. (GCO).
Locally, committed individual employees initiate various initiatives for the benefit of local communities, ranging from clean-up days to collections for food banks, to sponsored runs for the good cause. The Group encourages internal promotion and supports funding of these initiatives.
lol竞猜(中国)联赛赛事官网' commitment to behave ethically incorporates social, environmental and financial prosperity. The contribution we make is meant to help strengthen social welfare and build a better environment.