alison-hill-group-ceo-the-argus-group
Alison Hill, CEO, The Argus Group
31 October 2022

Argus unveils sustainability report

Argus Group has published its inaugural Sustainability Report which identifies opportunities across the organisation to sharpen its focus on socially responsible management and defines its sustainability principles.

Last year, Argus built a structure for sustainability governance, through which it will activate and fine-tune policies, set goals, measure progress and build layers of accountability.

The areas of focus and commitments that it has included in the report are “natural and authentic” to the group, Argus said, as sustainability is “woven into the very fabric of our organisation”.

It sets out six sustainability principles.

  • to provide its people with a rewarding, inclusive, equitable and fun environment in which to work because “engaged and happy employees provide outstanding customer service and follow through on deliverables, which positively impacts the bottom line”;
  • to deliver meaningful and sustainable financial, physical and mental wellbeing outcomes for its customers and patients;
  • to be responsible stewards of capital, providing sustainably strong returns together with effective and timely communications;
  • to support the inter-connected communities in which it operates, ensuring long-term sustainable growth, where its customers, people, partners and shareholders are also its family, friends and neighbours;
  • to lessen its impact on the planet by reducing wasteful consumption and working to decrease the climate change impact of its operations;
  • to be a people-centric organisation that partners and conducts business with others who share the same values of “always doing the right thing”, which includes managing the environmental impacts of the investments it makes and the risks it takes.

“Never has the importance of becoming sustainable been more relevant,” Alison Hill, chief executive officer of the Argus Group, says in the report. “The effects of climate change, the depletion of our biodiversity and natural resources, the stark economic inequities and widespread social injustices we see across the world, demand that we act now.”

She adds: “Society expects us, as businesses, to think longer term, not to pursue profit at the expense of the planet, and to reward and treat people fairly. The urgency for action is growing and we at Argus are committed to playing our part. Embedding sustainability into our corporate strategy is fundamental to the future of our business and our ability to realise our purpose.”

The report is here.




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More on this story

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22 June 2022   Its combined ratio was 78%.
article
11 July 2022   Hannah Ross from Argus Group joined BILTIR’s board of directors in April. Ross told Bermuda:Re+ILS what she brings to her firm and to the association.
article
7 December 2022   Its key performance metrics “remain strong”.