CII publishes ESG guide for SME Brokers

The Chartered Insurance Institute has published a new guide to help small and medium-sized brokers develop and incorporate ESG strategies.

Research for the guide was carried out by the 2022/23 CII Broking Community New Generation group, which sought to understand how ESG strategies are being implemented and how they may be adopted by other SME brokers to strengthen their sustainability, accountability and performance.

Results from the group’s research showed the majority of larger brokers already have an individual or committee within their organisation that is responsible for considering ESG, while this was not the case for SMEs.

The understanding of ESG targets was found to be inconsistent across the workforce, with both larger firms and more senior staff significantly more likely to have a meaningful understanding of their firms’ targets than those in entry or intermediate level roles or at SME brokerages.

Some 25% of entry level employees felt confident of their understanding of ESG targets, whilst over a third of those surveyed had no understanding. Only 32% of those at small brokers understood the ESG targets at their firm.

    Share Story:


Deborah Ritchie speaks to Chief Inspector Tracy Mortimer of the Specialist Operations Planning Unit in Greater Manchester Police's Civil Contingencies and Resilience Unit; Inspector Darren Spurgeon, AtHoc lead at Greater Manchester Police; and Chris Ullah, Solutions Expert at BlackBerry AtHoc, and himself a former Police Superintendent. For more information click here

Modelling and measuring transition and physical risks
CIR's editor, Deborah Ritchie speaks with Giorgio Baldasarri, global head of the Analytical Innovation & Development Group at S&P Global Market Intelligence; and James McMahon, CEO of The Climate Service, a S&P Global company. April 2023