Captives can help advance ESG commitments, says FERMA report

The Federation of European Risk Management Associations (FERMA) highlights that captives can support environmental, social, and governance (ESG) objectives. FERMA’s ESG Toolbox for Captives encourages integrating ESG considerations into captive risk financing and underwriting processes. Captives can embed climate, resource use, and pollution indicators into risk assessment and also support social initiatives like employee benefits. On governance, captives’ structured frameworks and oversight processes strengthen risk management and accountability. Though not designed primarily for ESG, captives offer practical avenues for sustainability and long-term value creation.

Source: Reinsurance News

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