In this episode of ESG Insider we're talking with one of the largest U.S. property and casualty insurers, Liberty Mutual Insurance, about how the company is integrating climate change risk into its investment decisions and underwriting practices.
We interview Rakhi Kumar, Senior Vice President for Sustainability Solutions and Business Integration at Liberty Mutual Insurance, about a recent climate transition scenario analysis by the insurer.
"As much as we may want to go faster, we have to recognize that there are realities that need to happen," says Rakhi.
The analysis found that the lack of a coordinated global policy approach among countries presents the most immediate and greatest source of climate transition risk to companies.
Listen to the ESG Insider episode from the S&P Global Sustainable1 Summit in New York here: https://www.spglobal.com/esg/podcasts/on-the-ground-in-nyc-how-climate-change-is-forcing-a-new-type-of-financial-literacy
Listen to the episode where we talk with MunichRe about the insurer's approach to natural disasters here: https://soundcloud.com/esginsider/how-one-of-the-worlds-1
Listen to our episode featuring Manulife's Global Chief Sustainability Officer here: https://www.spglobal.com/esg/podcasts/why-esg-experts-say-don-t-let-perfect-be-the-enemy-of-good
We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).
Photo credit: Getty Images
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