19 April 2021News

SiriusPoint vows to put ESG at the heart of its business

SiriusPoint, the international specialty re/insurance company, has launched its inaugural environmental, social and governance (ESG) report.

The report provides an overview of SiriusPoint’s ESG policies, actions and commitments to create a more sustainable and socially-minded business, including promoting diversity, equity and inclusion and combating racial inequality.

SiriusPoint’s ESG efforts fall into four categories: governance and ethics; people and communities; sustainable reinsurance, insurance and investments; and environment.

Sid Sankaran, chairman and chief executive officer of SiriusPoint, said the new company is looking to embed responsible and sustainable practices across all elements of the business.

“We are at the beginning of our ESG journey and our inaugural report outlines the positive foundation we have to build on,” Sankaran said. “Our ambition to apply and adhere to sound ESG principles makes good business sense for long-term value creation and is central to our fundamental purpose to help our customers and communities thrive.”