Sustainability is at the heart of our strategy

In 2019, we committed to making insurance part of the solution to the major risks the world is facing.

That year, we established our Group Sustainability Committee with three key pillars: changing the insurance narrative, being a responsible business and giving back.

Changing the insurance narrative

Using the power of insurance to help to solve the major challenges the world faces.

Being a responsible business

Focusing on our own operations.

Giving back

Supporting the communities in which we live and work.

We also welcomed the Howden Group Foundation as a shareholder of the Group, which means that as we grow so too will its impact.

Since then, we have taken action by establishing a Diversity and Inclusion Committee and a dedicated team to focus on Climate Risk and Resilience, helped to launch the world’s first volcano catastrophe bond for the Danish Red Cross, joined the Sustainable Markets Initiative, seed-funded Parhelion to bring much needed sustainable capacity to the market, and released reports focused on how the insurance market can respond to climate risk and help to accelerate positive change.

Despite the challenges presented by Covid-19, our colleagues have continued to come up with creative ways of giving back through volunteering and fundraising. In 2021, their efforts have resulted in over £1m (including matched funding from the Foundation) of donations to charities around the world.