The Company has a long history as a responsible corporate citizen by participating in a wide range of initiatives that have had lasting impact on our community. Corporate citizenship is growing increasingly important as both individual and institutional investors begin to seek out companies that have socially responsible orientations such as their environmental, social, and governance (ESG) practices.
In 2022, the Company took significant strides towards promoting sustainable practices in the insurance industry by becoming signatory to two key institutions that support the pursuit of sustainable insurance for a better future.
a) EARe became a signatory to the Nairobi Declaration on Sustainable Insurance. This declaration represents a commitment by influential leaders within the African insurance sector to actively support the attainment of the United Nations Sustainable Development Goals (UN SDGs).
b) EARe became a signatory to the Principles for Sustainable Insurance (PSI) and a member of the global community of banks, insurers, and investors of the United Nations Environment Finance Initiative (UNEP FI).