Members of the PRI all abide by the community’s six key ideas:
- We will incorporate ESG points into funding evaluation and decision-making processes.
- We can be energetic homeowners and incorporate ESG points into our possession insurance policies and practices.
- We will search applicable disclosure on ESG points by the entities through which we make investments.
- We will promote acceptance and implementation of the ideas throughout the funding business.
- We will work collectively to reinforce our effectiveness in implementing the ideas.
- We will every report on our actions and progress in the direction of implementing the ideas.
“The six Principles for Responsible Investment align closely with Aspen’s ESG strategy and will provide an important framework for factoring in ESG issues into our investment analyses, processes, policies and practices for those asset classes where we are able to do so,” mentioned Aspen group chief funding officer Aileen Mathieson.
Aspen has been taking steps in the direction of changing into a clear and environmentally-conscious insurer lately.
In 2020, Aspen joined the United Nations Global Compact (UNGC) initiative, a voluntary management platform for the event and disclosure of accountable enterprise practices. According to the corporate, a key a part of Aspen’s ESG technique is to align with the UN’s Sustainable Development Goals (SDG) and take part within the UNGC initiative.
Aspen has additionally grow to be a voluntary signatory to the UN Principles of Sustainable Insurance (PSI) final 12 months.
“We look forward to growing investor interest in practicing responsible investment in support of a more sustainable society and are excited to be partnering with the PRI and other signatories to enhance their effectiveness in implementing the Principles,” mentioned Mathieson.
Last month, Aspen named Nick Acker as head of US distribution. Acker joins from Arch Insurance Group, the place he served for 10 years in varied senior distribution roles, most lately as vice chairman of wholesale and distribution administration.