The transition from commitment to measurable impact in sustainability efforts, especially within the insurance sector, emphasises the critical distinction between sustainability activities and their real-world effects. Tools like the ICMIF-calibrated Insurance SDG Calculator have been highlighted as essential for evaluating these efforts, enabling both quantitative and qualitative measurement. The discourse also acknowledges significant challenges in addressing carbon emissions, supporting the circular economy, and protecting ecosystems. Overall, the focus is on strategic, impactful actions aligned with the United Nations (UN) Sustainable Development Goals (SDGs) to facilitate meaningful advancement towards a sustainable future.

The global community is facing a critical juncture in its efforts to address climate change and achieve the United Nations (UN) Sustainable Development Goals (SDGs). Despite some progress, the pace of change remains alarmingly slow, particularly in the context of the climate crisis and the broader SDGs. There is a significant gap between current efforts and the necessary targets to mitigate climate change.

Session speakers:

• Shaun Tarbuck, CEO, ICMIF (UK)
• Jessica Fries, Executive Chair of The Prince’s Accounting for Sustainability (A4S)