Sustainability Reporting
We are committed to ensuring a sustainable future while creating value for our stakeholders. An important feature of this commitment is regular, transparent and best practice-aligned disclosure of our corporate sustainability actions and progress.
Our Approach to Sustainable Value Creation
Our view of corporate sustainability centers around developing business strategies and solutions to serve the needs of our stakeholders, while embracing the necessary innovation and foresight to ensure we are able to meet those needs in the decades to come. We achieve this by combining our core strengths – underwriting excellence, responsive claim handling, strong governance, engaged talent, and a commitment to ethics and integrity – with an innovation mindset designed to meet the evolving demands of a changing world.
As a company in business for more than 215 years, we know what it takes to be sustainable. We’re listening and adapting to remain relevant to customers and distribution partners, operating in a way that instills trust and confidence, fostering a culture that attracts and retains talented employees and delivering value to stakeholders in ways that transcend the products and services we offer.
Sustainable Product Solutions
Investment by governments, corporations and investors into technologies, infrastructure, services and other areas that will help promote global sustainability objectives is occurring at an unprecedented rate. That investment is poised to continue in the years to come and insurance solutions play an important role in protecting that capital investment.
A key element of our sustainability strategy is to provide products and service solutions to meet the evolving needs of businesses and consumers. In developing these products and services, we assess opportunities on multiple time horizons to ensure we are appropriately considering existing, emerging and future customer needs and building the necessary capabilities to meet those needs.
Responsible Investing
We believe that sustainability factors are among the considerations that inform and can influence an investment’s risk and return profile over time. We believe that incorporating sustainability factors into the investment analysis and decision-making process provides a robust assessment of the risks and opportunities associated with investment decisions. HIMCO, our affiliated investment manager, considers sustainability factors such as climate change, natural resources, pollution and waste, human capital, product safety, social opportunity, corporate governance and ethics along with a range of other business and financial risk factors when assessing the probability of an impact on the value and performance of our investments over time.
