Between environmental and social concerns, VIG demonstrates a strong preoccupation for incorporating the ESG goals in its business policies. "Sustainability and the pursuit and implementation of ESG goals for society, customers and employees form one of the three Group goals under the VIG 25 strategy program," Mrs. Stadler told XPRIMM in a recent interview. She further explained: "We implement numerous measures in all ESG areas, and the social aspect is also very important to us. In the environment area, we gradually increase our investments in renewable energies and green bonds. Since 2018, we have increased the share of green bonds more than six-fold."
VIG was the first insurance company in Europe to issue a benchmark sustainability bond in the amount of half a billion euros, 80% of which is used for investments in green assets and 20% in social assets. Supporting affordable housing is another priority on VIG's agenda, as it seems to be the social issue of the 21st century. Gradually withdrawing from the coal energy sector is another important goal for the Austrian group. According to Stadler, by the end of 2035 at the latest, investments in coal will be completely out of VIS's portfolio.
Speaking from the perspective of a professional who led the largest insurance group in CEE for 6 years, Mrs. Stadler will share the most relevant ESG experiences acquired by VIG through the years.
IIF 2023 - ESG IN INSURANCE Conference is a top-level environment for exchanging business insights on the future outlook for the insurance industry and how it will be shaped by sustainability, technological, regulatory and distribution drivers. The event is completely organized for and by professionals, ensuring the highest quality program in all aspects.
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Early bird rates are available until March 1st, 2023.
More details and online registration are available on the conference website.
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