Christoph Krallmann’s Post

Sustainability reporting matters. #Insurance leaders who can successfully integrate this into their operating model will likely see a number of associated benefits. In this report, KPMG ESG professionals share key insights, practical steps and examples of how insurers can develop a systematic approach across the organization on the path to a sustainable future. Download the report today. https://social.kpmg/a7b3kf

Exploring the intersection of ESG and insurance with KPMG. Insights worth sharing! #ESG #Insurance #Sustainability

Sustainability reporting matters. #Insurance leaders who can successfully integrate this into their operating model will likely see a number of associated benefits. In this report, KPMG ESG professionals share key insights, practical steps and examples of how insurers can develop a systematic approach across the organization on the path to a sustainable future. Download the report today. https://social.kpmg/a7b3kf #kpmgsrilanka #sustainability #esg

#climatefinance #impactinvestment #doyouknow #knowyourESG November’s Question 9/10 : Do you believe that #ESGinvesting can contribute to reducing the cost of capital for companies? Answer : Yes, there is a growing body of evidence that suggests that ESG investing can contribute to reducing the #costofcapital for companies. This is because ESG factors can help to reduce a company's risk profile, which can make it more attractive to investors. There are a number of ways in which ESG investing can help to reduce the cost of capital for companies. For example: a) Reduced risk of regulatory scrutiny: Companies with strong ESG practices are less likely to be subject to regulatory scrutiny, which can save them money on legal fees and #compliance costs. b) Improved access to capital: Companies with strong ESG #ratings may find it easier to raise capital at lower interest rates. This is because investors are more confident in the long-term viability of companies that are well-managed and committed to sustainability. c) Lower cost of insurance: Companies with strong ESG practices may be able to negotiate lower insurance premiums. This is because insurers are less likely to view these companies as a risk. d) Increased investor demand: As investors become more aware of the risks and opportunities associated with ESG factors, they are increasingly demanding that companies adopt sustainable practices. This is leading to increased demand for ESG investments, which can help to drive down the cost of capital for companies with strong ESG ratings. In addition to these direct benefits, ESG investing can also help to reduce the cost of capital for companies by indirectly improving their financial performance. For example, companies with strong ESG practices may be more likely to attract and retain top talent, which can lead to increased productivity and innovation. They may also be more likely to build a loyal customer base, which can lead to increased sales and revenue. Overall, there is a strong case for believing that ESG investing can contribute to reducing the cost of capital for companies. As investors become more aware of the benefits of ESG investing, this is likely to become even more apparent in the years to come. #sustainablefinance #responsibleinvestment

Increases in compliance requirements for operating and reporting mean that Environment, Social and Governance (ESG) issues should now be a high priority for businesses. If ESG fails to get on the agenda, a business is likely to suffer reputational damage, legal action if laws and regulations are breached, poor relations with stakeholders, and issues relating to supply chain and potential loss of business. On the positive side, investment in ESG matters can bring opportunities, create savings and efficiencies, and increase sustainability. Read more about what your business should be doing around ESG in our latest blog from METALL sponsor DMH Stallard LLP: https://lnkd.in/eE5eeviB

The sustainability agenda is more urgent than ever. While progress has been made, we still have a long way to go in driving the transformative change needed. Where does the insurance sector stand in this critical journey? Last Friday, GoImpact Capital Partners and The Hong Kong Federation of Insurers brought together industry leaders to explore this pressing topic. In a captivating workshop, our Co-Founder and CEO, Helene Li, shared powerful insights on Integrating ESG and Climate Risk in Insurance #sustainability #ESG #GreenTech #EdTech #greeneducation #insurance #insurers #ClimateCharter Eric Hui | Selina Lau | Joey Cheng Helene Li l Clarence T'ao l Andy Ann l Hsu-sheng Wong l Grace Ho | Ewan McEwan MBA l Vikram Widge l Ronna C. l Khailee Ng l William Lee

A recent KPMG study ‘The journey continues: Navigating the road to readiness’ found that only 29% of companies have ESG policies, skills and systems in place to be ready for ESG assurance. Want to learn more? Read the report here 👉 https://lnkd.in/ddzzMZhi #ESG #Assurance

Is your business ready for ESG assurance? Want to know how your company measures against its peers? Complete the short survey to find out and to access the new KPMG report ‘The journey continues: Navigating the road to readiness’. https://lnkd.in/gPyujGkp #ESG #Assurance

The article highlights the increasing adoption of ESG metrics in executive compensation, but it would be even more impactful if it called for independent verification of these metrics. Without such verification, there's a risk of greenwashing and a lack of transparency in how companies meet their ESG goals.   The Sustainable Accounting Standards Board (SASB) offers a good place to start. It connects the financial effects of sustainability….which takes us back to the underlying message of the article – Money Talks. 

Is your business ready for ESG assurance? Want to know how your company measures against its peers? Complete the short survey to find out and to access the new KPMG report ‘The journey continues: Navigating the road to readiness’. https://lnkd.in/gPyujGkp #ESG #Assurance