Due to the increasing number of natural disasters, insurance companies are dealing with rising financial risks and need to adjust their operations accordingly. Furthermore, the European Green Deal entails a duty for insurers to report their environmental impact and sustainability practices transparently, as they are encouraged to achieve net-zero carbon emissions by 2050.
Therefore, Deloitte orchestrated a green operations survey, aiming to better understand the sustainability maturity & interest of 6 key Life and Non-Life Belgian insurers, which hold together a majority of the country market shares.
The survey evaluated their respective approach towards: