

Global specialty (re)insurance group Chaucer, in collaboration with Moody’s, has rolled out a ESG Balanced Scorecard across investments, underwriting, and operations.
The Scorecard uses 158 unique data points to assign scores for corporates across ESG factors and is designed to be a holistic approach to ESG measurement.
Metrics upon which corporates are rated include:
• disclosure of greenhouse gas emissions
• integration of environmental factors into the supply chain
• health and safety conditions of workers
• involvement in the local community and support of local infrastructure
• boardroom diversity
Chaucer CEO John Fowle said: “The (re)insurance industry has a pivotal role to play in helping corporates make the transition to become more sustainable. This isn’t going to happen overnight but by helping clients identify, manage and measure areas that are in need of improvement, we can help them implement incremental changes that will pay dividends in the long-term.”