Farm Insurance Online :: News
SHARE

Share this news item!

Insurers Propel Forward in Global Sustainability Rankings

Insurers Propel Forward in Global Sustainability Rankings

Insurers Propel Forward in Global Sustainability Rankings?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

In a remarkable evolution within the finance sector, insurance companies demonstrate a growing commitment to sustainability, outperforming many global industries, according to Capgemini's latest analysis.

The "Sustainability Transformation Trends" survey conducted by Capgemini places the financial services industry-encompassing insurance and retail banking-ahead of eleven other sectors, as they collectively boost their sustainability index by an impressive 30 points. This achievement surpasses industries such as healthcare, industrial manufacturing, and even energy and agriculture.

This index is derived from a comprehensive set of 93 queries that assess advancements in both environmental and social sustainability. A baseline score of 100 signifies average performance over a span of three years.

Capgemini reports that an encouraging 84% of the 2,152 surveyed executives acknowledged their organizations' alignment with emissions reduction objectives, with only 9% needing to catch up. Australian representation in the survey included input from 192 executive respondents.

Amidst a survey size that included 727 substantial organizations across 13 countries, the survey underscores substantial improvement in areas like sustainable design, circularity, and biodiversity.

Particularly noteworthy is Australia's commendable leap in its sustainability index, advancing from 100 to 120, and securing a superior score compared to major nations like the UK, US, and Germany. These findings signal Australia's consistent annual progress, as highlighted by Capgemini.

According to Cyril Garcia, Capgemini's lead in global sustainability services, water conservation, biodiversity, and circular practices now rank as essential business strategies. He emphasized the dual role of business leaders in fostering a sustainable economic shift.

Cyril Garcia articulated, “Today's leaders are tasked with reducing CO2 while also achieving cost efficiency. With burgeoning innovations in climate technology and emerging regulations, tangible results in sustainability are key to fostering consumer trust.”

Such industry strides are indicative of the finance sector's role in paving the way to a sustainable future, a journey that continues to gain momentum, outlined in Capgemini's full report.

Published:Thursday, 10th Oct 2024
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

Share this news item:

Insurance News

TAL's Health Sense Plus Now Covers Income Protection Policies
TAL's Health Sense Plus Now Covers Income Protection Policies
04 Feb 2026: Paige Estritori
In a significant development for policyholders, TAL has expanded its Health Sense Plus program to encompass income protection (IP) policies. This initiative, effective from August 8, 2025, aims to incentivise proactive health management by offering premium discounts to clients who engage in preventative health checks. - read more
Surge in Mental Health Claims Puts Pressure on Australia's Insurance Industry
Surge in Mental Health Claims Puts Pressure on Australia's Insurance Industry
04 Feb 2026: Paige Estritori
Australia's insurance sector is facing unprecedented challenges as mental health conditions have become the leading cause of total and permanent disability (TPD) claims. Recent data from the Council of Australian Life Insurers (CALI) reveals that mental health issues now account for nearly one-third of all TPD claims paid out. - read more
Rest Super Faces Class Action Over Alleged Wrongful Deduction of Income Protection Premiums
Rest Super Faces Class Action Over Alleged Wrongful Deduction of Income Protection Premiums
04 Feb 2026: Paige Estritori
Shine Lawyers has initiated class action proceedings in the Federal Court against Rest Superannuation, alleging that the fund wrongfully deducted income protection premiums from members' accounts between December 2008 and June 2019. The lawsuit claims that up to 500,000 Rest members may have been affected by these deductions. - read more
Marine Skippers Insurance Expands to International Waters
Marine Skippers Insurance Expands to International Waters
04 Feb 2026: Paige Estritori
Marine Skippers Insurance has recently unveiled a new international coverage plan tailored for captains navigating vessels to and from Australia. This development is particularly timely, coinciding with preparations for the upcoming Sydney to Hobart yacht race. - read more
NM Insurance and Zurich Forge Long-Term Partnership
NM Insurance and Zurich Forge Long-Term Partnership
04 Feb 2026: Paige Estritori
NM Insurance has solidified its position in the marine insurance sector by entering into a five-year agreement with capacity provider Zurich. This strategic partnership is set to bolster NM Insurance's growth trajectory and instill greater confidence among brokers. - read more
Click for more Insurance News


Farm Insurance Articles

Understanding Machinery Breakdown Insurance for Australian Farms
Understanding Machinery Breakdown Insurance for Australian Farms
Welcome to our in-depth exploration of Machinery Breakdown Insurance—a safety net that's becoming increasingly important for the modern Australian farmer. Whether you're involved in cropping, dairy, or livestock, your equipment is the backbone of your operation. As farming technology evolves, the machinery becomes more sophisticated, and unfortunately, the more complex a system is, the more that can go wrong. This is where Machinery Breakdown Insurance comes into play. - read more
Are You Covered? Common Insufficient Coverage Mistakes in Farm Insurance
Are You Covered? Common Insufficient Coverage Mistakes in Farm Insurance
Welcome to our discussion on farm insurance, a vital aspect for anyone involved in agriculture. Whether you run a smallholding or manage extensive agricultural operations, understanding your insurance coverage can make all the difference in safeguarding your livelihood. - read more
Comparing Insurance Policies: Finding the Best Coverage for Seasonal Farming Risks
Comparing Insurance Policies: Finding the Best Coverage for Seasonal Farming Risks
Welcome to our detailed guide on comparing insurance policies for seasonal farming risks. If you're a rural farm owner, you understand the unique challenges that come with each season. This article aims to help you find the best coverage to protect your livelihood. - read more
Risk Mitigation: Best Practices for Rural Farmers
Risk Mitigation: Best Practices for Rural Farmers
Risk mitigation is a strategy used to prepare for and lessen the effects of potential risks faced by rural farmers. It involves identifying potential threats and taking proactive steps to minimize their impact. - read more
Understanding the Coverage: What Your Farm Insurance Should Include
Understanding the Coverage: What Your Farm Insurance Should Include
The serene morning mists settling over green pastures and the peaceful clucking of poultry might paint an idyllic picture of farm life, but seasoned farmers know that this lifestyle comes with its own set of risks and uncertainties. In the world of agriculture, each new day could bring events that threaten your way of life and the heart of your business. This is where farm insurance becomes not just important, but essential. - read more


Farm Type:
Postcode:

Insurance quotes are provided free and without obligation by a specialist from our national broker referral network. See our privacy statement for more details.


Knowledgebase
Flood Insurance:
A specific type of property insurance that covers losses and damage caused by flooding.

Quick Links: | Farm Insurance Australia | Farm Insurance Quotes | Farm Insurance Comparison | Farm Insurance Coverage | Farm Insurance Policies | Farm Insurance Brokers | Farm Insurance Companies | Farm Insurance Cost | Farm Insurance Online | Farm Insurance Providers | Farm Insurance Reviews
This website is owned and operated by Clark Family Pty Ltd (ACN 010 281 008) as Trustee for the Clark Family Trust (ABN 35 957 893 714), 43 Larch Street Tallebudgera QLD 4228. Clark Family Pty Ltd is an Authorised Representative (AR 1298860) of Unique Group Broker Services Pty Ltd (AFSL 509434) for financial product referrals and an Authorised Credit Representative (ACR 401491) of Saccasan Pty Ltd (ACL 386297). Check our licensing details on the ASIC registers: Clark Family Pty Ltd ACR, Clark Family Pty Ltd AR, Saccasan Pty Ltd, Unique Group Broker Services.
IMPORTANT: We do not provide financial product advice or credit assistance. We act solely as an introducer and refer enquiries to licensed third-party intermediaries, insurers, and lenders - with whom you can then deal directly. We may receive a fee or commission from these third parties in consideration for the referral. Before any action is taken to obtain a product or service referred to by this website, advice should be obtained (from either the third party to whom we refer you or from another qualified intermediary) as to the appropriateness of obtaining those products having regard to your objectives, financial situation and needs. Whilst we have our own process for validating the legitimacy of our referral partners, you should always verify the credentials of your financial adviser before proceeding with recommendations that they may present. Visit the ASIC website for further information.