Insurers promote sustainable transformation: New ESG questionnaire for selecting asset managers
The German Insurance Association (GDV) is presenting an ESG questionnaire for the first time, enabling insurers to assess the sustainability expertise of their asset managers. With this tool, insurers can ensure that their investments are aligned even more consistently with ESG criteria.
GDV is presenting an ESG questionnaire for the first time, enabling insurers to assess the sustainability expertise of their asset managers. With this tool, insurers can ensure that their investments are aligned even more consistently with ESG criteria (environmental, social, and governance).
Regarding the questionnaire, Jörg Asmussen, CEO of GDV, says: "Aligning with ESG criteria is an important step toward reducing CO₂ emissions that are indirectly financed through investments. With €1.9 trillion in assets, the insurance industry is one of the largest institutional investors in Germany."
The use of the questionnaire is voluntary and non-binding. The questionnaire is also flexible in application and can be adapted or supplemented as needed. Asmussen adds: „With the questionnaire, we provide guidance; it is a service offering for our members.“
You can download the ESG questionnaire for selecting asset managers here.