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ARTICLE · 03 AUGUST 2021

New Insurance Business Drawn To Guernsey By ESG Framework

The launch of an accreditation scheme for insurers in Guernsey to help them manage ESG opportunities and risks and deliver positive ESG impact is attracting new insurance business to the island.

GuernseyFinance and Banking

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The launch of an accreditation scheme for insurers in Guernsey to help them manage ESG opportunities and risks and deliver positive ESG impact is attracting new insurance business to the island.

The Guernsey International Insurance Association (GIIA) launched the accreditation in conjunction with ESI Monitor, creating a kitemark which validates insurers' considerations whilst minimising the impact on the environment and communities.

Following an initial announcement in March, the full launch was confirmed and discussed at WE ARE GUERNSEY's Sustainable Finance Week in June.

The comprehensive framework is based on four pillars of governance, risks, insured investments and reporting.

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