In Depth: Making ESG meaningful

Nadia Bagijn, of Travelers, explores how the insurance industry can help financial institutions lead the way

It’s a term that has become increasingly powerful in the past decade. ESG, shorthand for a company’s environmental, social and corporate governance standards, can impact an organisation’s ability to serve customers, attract investors and employees, and shape public opinion.

But what the term actually means is less clear. The absence of consistent global regulations for ESG practices has led to an increase in greenwashing, leaving the public with vague or sometimes false impressions of how