Environment Education and Insurance Awareness – A Boon to Indian Insurance Sector

Kumar, Sanjeev; Raheja, Kunal; Dhiraj, Ankit

doi:10.1002/9781394167944.ch20

Cited by 1 publication

(2 citation statements)

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“…ESG factors can have a significant impact on sustainability. For example, climate change is an essential environmental risk, and social inequality can lead to social unrest [10]. Good governance is critical for ensuring that resources are used sustainably.…”

Section: Esg and Sustainabilitymentioning

confidence: 99%

“…It entails evaluating a company's initiatives to lessen its carbon footprint, sustainably manage natural resources, and eliminate environmental risks. Calls for assessing the climate-related risks to which insurance products and portfolios are subject [10], 2. Social (S): The social component of ESG considers a company's ties to its workers, clients, communities, and the larger society.…”

Section: Introductionmentioning

confidence: 99%

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A Systematic Review of ESG in the Insurance Industry: Navigating the Path to Sustainability

Sood,

Özen

2024

IJSDP

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This paper aims to find out the benefits of ESG in the insurance sector for achieving sustainability. The authors conduct a systematic literature review (SLR) to find and evaluate the ESG in the insurance industry using the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) method. Integrating ESG and sustainable insurance is a potential new revenue stream for the insurance sector. All business operations of insurers and pension funds will be impacted by ESG factors and sustainable insurance, with investment activity, risk management, product management, and the valuation of assets and liabilities having the most effects. It has been noted from the body of literature that very few researches using the PRISMA and SLR approaches have been carried out in this area. The authors also conducted a comprehensive study that focuses on three separate topics: ESG and sustainability, ESG impact in the insurance industry, and ESG and insurance.

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Section: Esg and Sustainabilitymentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%