As part of our journey to become a more responsible business, we have signed up to the United Nations Global Compact to commit to their sustainability principles. As we publish our third United Nations Global Compact report, we aim to reflect Lloyd’s’ ambition to build sustainability and responsibility into all our core activities.
In publishing this report, we hope to demonstrate that this goal is being achieved and we are developing real momentum across a broad spectrum of activities and delivering on our commitments.
This report sets out our achievements in 2021 and our approach for 2022.
These include the Sustainable Markets Initiative (SMI) Insurance Task Force which commits its participants to provide climate positive financing and risk management solutions to support and encourage individuals and businesses around the world to accelerate their transition to a sustainable future.
In May 2022, Lloyd’s published its second Environmental, Social and Governance (ESG) Report. The report outlines our progress towards building a more sustainable, resilient and inclusive marketplace. The report also builds on Lloyd’s existing ESG work with a comprehensive market-wide strategy that aligns with the United Nations’ Sustainable Development Goals and supports the principles set out in the Paris Agreement.
This report represents a continuation of Lloyd’s journey to become a more responsible organisation. Our clear ambition is to continue to build on our progress and commitments as laid out here to benefit our people, our customers and society. Thank you to everyone across the Corporation who contributed to the report and for your commitment to the principles.