Chaucer signs up to the UN PSI

Global re/insurance group Chaucer has signed up to the UN Principles for Sustainable Insurance.

John Fowle, CEO of Chaucer, said: “Chaucer is proud to be a signatory of the UN Principles for Sustainable Insurance which provides a global framework for the insurance industry to address environmental, social and governance risks and opportunities. The framework plays a key role in ensuring all signatories are held to account and deliver the four PSI principles, including meeting net zero targets. Becoming a signatory reaffirms Chaucer’s commitment to playing a leading role in accelerating the transition to a net zero economy and helping our partners become more sustainable businesses.”

Developed through a partnership between risk management professionals and the United Nations Environment Programme Finance Initiative, the PSI serves as a global framework for the re/insurance industry.

The Four PSI Principles (Source: The UN Environment Programme)

Principle 1 - We will embed in our decision-making environmental, social and governance issues relevant to our insurance business.

Principle 2 - We will work together with our clients and business partners to raise awareness of environmental, social and governance issues, manage risk and develop solutions.

Principle 3 - We will work together with governments, regulators and other key stakeholders to promote widespread action across society on environmental, social and governance issues.

Principle 4 - We will demonstrate accountability and transparency in regularly disclosing publicly our progress in implementing the Principles.

Readers will find detailed information on a series of initiatives shaping developments in the ESG arena at

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