Insurers Propel Forward in Global Sustainability Rankings
Insurers Propel Forward in Global Sustainability Rankings
The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.
In a remarkable evolution within the finance sector, insurance companies demonstrate a growing commitment to sustainability, outperforming many global industries, according to Capgemini's latest analysis.
The "Sustainability Transformation Trends" survey conducted by Capgemini places the financial services industry-encompassing insurance and retail banking-ahead of eleven other sectors, as they collectively boost their sustainability index by an impressive 30 points. This achievement surpasses industries such as healthcare, industrial manufacturing, and even energy and agriculture.
This index is derived from a comprehensive set of 93 queries that assess advancements in both environmental and social sustainability. A baseline score of 100 signifies average performance over a span of three years.
Capgemini reports that an encouraging 84% of the 2,152 surveyed executives acknowledged their organizations' alignment with emissions reduction objectives, with only 9% needing to catch up. Australian representation in the survey included input from 192 executive respondents.
Amidst a survey size that included 727 substantial organizations across 13 countries, the survey underscores substantial improvement in areas like sustainable design, circularity, and biodiversity.
Particularly noteworthy is Australia's commendable leap in its sustainability index, advancing from 100 to 120, and securing a superior score compared to major nations like the UK, US, and Germany. These findings signal Australia's consistent annual progress, as highlighted by Capgemini.
According to Cyril Garcia, Capgemini's lead in global sustainability services, water conservation, biodiversity, and circular practices now rank as essential business strategies. He emphasized the dual role of business leaders in fostering a sustainable economic shift.
Cyril Garcia articulated, “Today's leaders are tasked with reducing CO2 while also achieving cost efficiency. With burgeoning innovations in climate technology and emerging regulations, tangible results in sustainability are key to fostering consumer trust.”
Such industry strides are indicative of the finance sector's role in paving the way to a sustainable future, a journey that continues to gain momentum, outlined in Capgemini's full report.
Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.
A new specialist insurance product for Australian crane and rigging operators is a timely reminder that not every business fits neatly into a standard policy box. ARTes Specialty, working with wholesale provider Mobius Insurance, has launched an integrated crane and rigging policy for the local market, adding to its earlier Australian offerings for commercial loggers and contractors plant and equipment. - read more
The latest NSW Budget has reignited debate over the Emergency Services Levy, with insurance industry concern growing that escalating collection forecasts are strengthening the case for reform. For households and businesses already managing higher premiums, the issue is more than a line item in the state accounts. It goes directly to affordability, underinsurance and whether the cost of funding emergency services is being shared fairly. - read more
The NSW Budget released on 23 June 2026 has put insurance affordability back in the spotlight, with updated forecasts showing emergency services levy collections are expected to be materially higher than previously projected. For beauty salon owners, skin clinics, nail technicians and mobile beauticians in NSW, the issue is not just a government finance story. - read more
New market data reported by Plan For Life points to a notable rebound in parts of Australia’s life insurance sector, with individual lump sum insurance new business rising 6.7% across the 2025 calendar year and individual income protection new business increasing 8.3%. While overall risk new business was lower, that decline was attributed largely to group risk sales returning to more normal levels after earlier periods of heightened activity. - read more
A new Business Health research report has put a sharp focus on a familiar but often under-managed risk: what happens to a business if its principal suddenly dies or becomes permanently disabled. While the report is centred on Australian financial advice practices, its message applies broadly to SMEs, partnerships and owner-led companies where enterprise value is closely tied to one or two key people. - read more
Life insurance might not be at the forefront of your mind, especially when you're young and healthy. However, understanding the essence of life insurance early on can significantly impact your financial future and provide much-needed peace of mind. - read more
When it comes to financial planning, life insurance often takes a backseat. Many married couples in Australia overlook its importance, thinking that it's not immediately necessary or that they can simply put it off for later. However, life insurance should be regarded as a cornerstone of a solid financial strategy. - read more
Financial security is one of the most important aspects of modern family life. Ensuring that loved ones are protected and well-supported in the event of an untimely death is a fundamental concern for many Australians. - read more
Life insurance is one of those cornerstones of financial planning that often gets overlooked. Yet, the importance of life insurance in safeguarding your family's future cannot be overstated. It's a robust financial instrument that provides peace of mind, knowing that your loved ones will be financially secure in the event of your untimely passing. This introductory section lays the groundwork for understanding why life insurance is pivotal in your family's financial health. - read more
Life insurance is a financial product that provides a lump sum payment to your beneficiaries in the event of your death. It is designed to offer financial security by covering debts, daily living expenses, and future financial obligations. - read more
Knowledgebase
Insurance Deductible: That part of an insurance claim that must be paid by an insured person before the the balance is paid by the insurer.
No comments yet. Be the first to share your thoughts.