
You are cordially invited to the latest virtual event, How do insurers and investors come together in Sustainable Finance innovation to move from business Purpose to ESG Impact on Tuesday 28 September, 2021 at 11am HKT by Friends of the Earth.
Non-financial corporations tend to have a clearer view of their sustainability impacts and therefore can better link a business purpose to specific ESG impacts. However, insurers tend to face challenges where the business purpose, e.g. promoting health and life expectancy for a health insurer, has less direct or clear impact on environment, while impacts on environment and society may be more pronounced through its investment and underwriting activities, but harder to define or measure.
As financial markets continue to innovate ESG offerings to address the needs of the insurance segment, it is important to understand what type of ESG innovation insurers are expecting to be able to deliver the ESG impacts, and ensure alignment with the expectations of investors that are focused on the sustainability profile of insurers.
To set the scene for our discussion, ANZ’s China economist Betty Wang will share some implications of China’s carbon policy, and how that is reshaping the purpose of the financial system with an eye to ESG impacts.
This will be followed by a panel discussion with experts from the Insurance, Investment and ESG industry:
• Halina von dem Hagen, Group Treasurer, Manulife, Toronto
• Liza Jansen, Insurance Investment, Prudential Corporation Asia, Hong Kong
• Sammie Leung, Partner, PwC Hong Kong
• Moderated by Mara Chiorean, Director, Sustainable Finance, ANZ Singapore
Our speaker panel:
In the panel discussion we will cover:
• How can insurers incorporate ESG in to their business and operating model, e.g. investment, financing and underwriting activities; and how does this drive the sustainability impacts?
• What type of ESG innovation do insurers expect and do investors see correlation between investing in ESG and performance?
• What are investor sustainability expectations from insurers, both from existing sustainability offerings to potential ESG innovations; and how do they balance business vs. sustainability performance?