LIFETIME OF ACHIEVEMENT IN INSURTECH
Speaking earlier this year to Bloomberg , Zaffino said that “ understanding unpredictable risks ” has been the biggest challenge for the insurance sector over the last few years . “ Whether it was the pandemic , understanding what could happen if a potential war broke out , but also climate change . We ’ ve had 100 natural disasters reported through nine months of this year ; that just hasn ’ t happened in the past .”
Indeed , the AIG that Zaffino leads is unflinchingly cognisant of the threat that climate change poses to humanity . AIG describes climate change as a “ major and unprecedented threat to human health and international security ”. In the insurer ’ s most recent ESG report , published in 2022 , AIG said it “ takes great pride in our expertise as risk managers and have a full appreciation for the role the insurance industry plays in the global economy ”.
The company is in the midst of driving an improvement in its environmental impact ; it has already recorded a 27 % reduction in Scope-1 and Scope-2 greenhouse gas emissions ( GHGs ) between 2019 and 2022 , and is committed to reaching net zero across its operations , underwriting and investment portfolios by 2050 or sooner .
Fairness and equality play out on the course It ’ s not just environmental sustainability that AIG cares about , either ; the firm is serious about diversity and inclusion . AIG is a signatory to CEO Action for Diversity & Inclusion , a pledge among business leaders that rallies to advance D & I in the workplace through greater collaboration .
20 December 2023