160-14 Guidelines on Environmental Risk Management (Insurers), 2020

Summary

These Guidelines aim to enhance the insurance sector’s resilience to and management of environmental risk through setting out sound risk management practices.

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Issuer

Singapore

Year

2020

Region

Asia

Issuer (type)

Monetary Authority of Singapore (Financial Regulator)

Policy Type

Other sustainability policy

Geographical scope

National

Mandatory or voluntary

Voluntary

Global Reporting Initiative (GRI)

Voluntary Use

Main industries targeted

Finance & Insurance
Mining, Quarrying, Oil & Gas Extraction
Manufacturing
Agriculture, Forestry, Fishing & Hunting

Restrictiveness

Very Low

Sustainable Development Goals (SDGs)

SDG 2: Zero Hunger
SDG 6: Clean Water and Sanitation
SDG 8: Decent Work and Economic Growth
SDG 9: Industry, Innovation, and Infrastructure
SDG 12: Responsible Consumption and Production
SDG 13: Climate Action
SDG 14: Life Below Water
SDG 15: Life on Land