QBE provides a broad range of insurance products to personal,business, corporate and institutional customers. As a proud signatory to the United Nations Environment Programme – Finance Initiative’s (UNEP FI) Principles for Sustainable Insurance (PSI), we take an active approach to risk management, no matter how complex, and listen to our customers’ needs to deliver tailored solutions. Just as QBE helps customers to manage their risks, we apply a similar approach to managing our risks and sustainability challenges as a business where we seek to embed awareness of sustainability issues into our decision making. In addition, QBE works with employees, clients and business partners to raise awareness of ESG and sustainability issues, manage risks and develop solutions.
In 2018, we formed an ESG Risk team to analyse and help manage these risks across the business. Our new ESG Business Policy Committee also discusses and develops specific ESG policies for application.
Throughout the year, QBE representatives attended and spoke at business roundtables, seminars and events on sustainability topics, including impact investing, diversity, climate change, sustainable communities, human rights and sustainable finance.