Source: https://www.iamagazine.com/, January 3, 2022
By: Olivia Overman

In March 2021, A.M. Best, the global credit rating agency, became a signatory to the United Nations Environment Program’s (UNEP) Financial Initiative Principles for Sustainable Insurance (PSI). These principles serve as a global framework for the insurance industry to play an ever-increasing role in addressing environmental, social and governance (ESG) risks and opportunities.

As concerns about climate and extreme weather—as well as consumer and shareholder responses to climate inaction—become more prevalent, over 140 organizations worldwide have adopted these principles. Read more.