Sustainability

While the concept of Corporate Social Responsibility aims to make a company socially and environmentally responsible, the efforts of such a company are now made measurable through so-called Sustainability topics, pushed by regulations and good practices.

The IMIA Sustainability Committee provides IMIA Members with key information from an underwriting and corporate perspective to better incorporate the changes into their underwriting practices.

2024-2025 priorities are on:

• Subject 3- EU Non-financial reporting obligations: what does it mean for Construction & Engineering lines
• Subject 1- Changes in the construction industry following the push on sustainability
• Subject 2- Risks and opportunities of ESG in Construction Engineering insurance

Awareness

• 2022 – Presentation: ESG Committee kick of at 2022 IMIA annual conference
• 2022 – Webinar: Sustainable Construction Insurance – a must following sustainable finance
• 2023 – Short paper: The technology supporting the energy Transition
• 2023 – Presentation: ESG committee update at IMIA 2023 Annual Conference
• 2024 – Webinar on PFIC and CO2 management on a construction Project
• 2024 – Questionnaire to IMIA Members on sustainability topics
• 2024 – Sustainability Presentation – Madrid 2024 Annual Conference
• 2025 – Changes in the construction industry following the push on sustainability – in progress

Guidance Tools

• 2023 – Short paper: ESG – A guide for Construction and Engineering underwriters
• 2025 – Risks and opportunities of ESG in Construction Engineering insurance – in progress
• 2025 – EU Non-financial reporting obligations: what does it mean for Construction & Engineering lines – in progress

Consideration in Underwriting

• More to come