SiriusPoint Releases Inaugural ESG Report
SiriusPoint Ltd. launched their inaugural Environmental, Social, and Governance [ESG] report, which provides an overview of their ESG “policies, actions, and commitments to create a more sustainable, and socially-minded business.”
A spokesperson said, “The Company’s global ESG practices and goals are detailed within four key pillars:
- 1. Governance and Ethics
- 2. Our People and Communities
- 3. Sustainable Reinsurance, Insurance and Investments, and
- 4. Our Environment
“Our ESG report describes SiriusPoint’s actions to address the issues facing its business, employees and communities, including the global impact of climate change and the COVID-19 pandemic. The report also addresses SiriusPoint’s efforts and commitments to promote diversity, equity and inclusion and combat racial inequality.”
“As a newly combined company, we are working to embed responsible and sustainable practices across each element of our business,” said Sid Sankaran, Chairman and Chief Executive Officer of SiriusPoint.“We are at the beginning of our ESG journey and our inaugural report outlines the positive foundation we have to build on. Our ambition to apply and adhere to sound ESG principles makes good business sense for long-term value creation and is central to our fundamental purpose to help our customers and communities thrive. I look forward to sharing more about our progress.”
SiriusPoint launched in February 2021, as a result of the merger of Sirius International Insurance Group, Ltd. and Third Point Reinsurance Ltd. to form a top 20 reinsurance company with over $3 billion in capital.
The full SiriusPoint Ltd. ESG report follows below [PDF here]:
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Category: All, Business, Environment
