"Despite the many considerations, resources, and challenges involved with implementing ESG-focused investing, insurers seem to understand that, ultimately, the benefits outweigh the costs," Matt Daly, head of corporate and municipal teams at Conning, said in a release. "Given the responses we saw in this survey, ESG is likely to become an even more central part of insurance asset management in the near future." (Credit: Deemerwha studio/Shutterstock.com)

Nearly 70% of U.S. insurance companies have incorporated environmental, social and governance (ESG) factors into their investment consideration during 2021, according to a survey from Conning Holdings Ltd., which found most began accelerating ESG investing during the past two years.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]