Wednesday, May 1, 2024
HomeFintechSinglife With Aviva Is Now a UN Sustainability Signatory

Singlife With Aviva Is Now a UN Sustainability Signatory


Homegrown insurer Singlife with Aviva introduced that it has develop into an official signatory of the United Nations’ Rules for Sustainable Insurance coverage (PSI), a worldwide sustainability framework and initiative of the United Nations’ Atmosphere Programme Finance Initiative (UNEP FI).

Singlife is alleged to be the primary native entity to be recognised as a signatory inside its first 12 months of operations the place it joins a worldwide cohort of insurers.

In a media assertion, they stated that this marks Singlife’s regular and long-term progress in driving strategic, clear and actionable steps in direction of sustainability for monetary companies in Singapore and supporting the nation’s 2050 Internet Zero targets.

Singlife can also be a supporter of the UN-led Job Power on Local weather-Associated Monetary Disclosures and can evaluate its funding technique and operations and making certain that it’s extra sustainable.

Moreover, Singlife has additionally pledged to report its Local weather Efficiency Financials.

Chia Ko Wen, Head of Sustainability at Singlife with Aviva, was appointed to foster sustainable financial and social growth within the nation and past and drive sustainability efforts inside Singapore.

Singlife has additionally launched its Human Rights, and Variety, Fairness, and Inclusion insurance policies to take care of a various workforce and shield its staff, enterprise companions and communities it operates in.

In constructing a sustainable enterprise by way of accountable investments, Singlife has co-seeded a number of sustainable funds for the reason that begin of 2022, committing US$50 million to the Altrium Sustainability Fund I, managed by Azalea Funding Administration, not directly owned by Temasek.

Pearlyn Phau

Pearlyn Phau

Pearlyn Phau, Group Chief Govt Officer of Singlife with Aviva stated,

“Making actual change solely occurs after we can lead by instance, and that’s the reason we’re proud to be a homegrown firm making actual affect and serving to to advance the sustainability agenda of Singapore and past.

 

With ESG issues on the core of our enterprise, we’re dedicated to being a trusted companion for our folks, clients and communities, creating and strengthening a extra sustainable tomorrow for generations to come back.”

 

 

 

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