Environmental, Social & Governance (ESG)
AM Best’s Commitment to Sustainable Insurance
Our purpose is to strengthen the financial solvency, stability and sustainability of the insurance industry in support of economic growth and the well-being of all stakeholders.
In 2021, AM Best became the first Credit Rating Agency to become a Signatory to the United Nations Environment Programme’s (UNEP) Finance Initiative (FI) Principles for Sustainable Insurance (PSI).
As a PSI signatory, AM Best is committed to incorporating the Principles into our processes and policies across all areas of our global organization. Find out more about our Principles for Sustainable Insurance.
Our Approach
We’ve integrated Environmental, Social and Governance (ESG) specific factors into our ratings methodology to help identify risks and opportunities not captured by financial metrics.
Our Thought Leadership
We provide accurate, timely and comprehensive information and industry research to help industry stakeholders navigate the evolving insurance landscape.
Our Actions
We are committed to helping the industry thrive by cultivating new talent, participating in community outreach programs, and implementing sustainable practices within our organization.
ESG: A Review of Frequently Asked Questions & Incorporation Into the Ratings Process
View AM Best’s interactive discussion of the relevance of ESG to financial strength and the incorporation of ESG into the ratings process.
ESG in the (Re)Insurance Market - What's Considered?
Learn about the results of our ESG survey, modifications to the Best Credit Rating Methodology relating to ESG factors, and key implications of ESG adoption.
Best's Special Reports & Best's Commentaries
- Best's Commentary - ESG and Insurance Credit Ratings: Frequently Asked Questions
- US Insurers Seeing Need to Adapt to Evolving ESG Demands, Survey Finds
- Impact of ESG Factors on AM Best’s Rating Actions
- Investor Pressure Adds Momentum for Reinsurers to Integrate ESG Factors
- Rejoining Paris Agreement Likely to Spur US (Re)Insurers’ ESG Adoption
- Insurers and Reinsurers: Ignoring ESG Factors Poses Reputational Risk
- Wide-ranging Stakeholders Demand Greater Insurer and Reinsurer Focus on ESG Principles
- US Insurers’ Perceptions of ESG
- Insurance Innovation Under the Spotlight After COP26
- Insurance Industry Becomes Active in the Development of the ESG Agenda
- Briefing: Considering Environmental, Social and Governance Factors from a Credit Rating Perspective
- Commentary: Green and Sustainability Bond Issuance by Insurers May Continue To Grow
On Demand Analytical Briefings
AM Best’s ESG Focused Videos
- AM Best: Europe’s Energy Crisis May Force Insurers to Rebalance ESG Priorities
- AM Best: ESG a 'Primary Factor' in 13% of Global Rating Actions Over 12-Month Period
- US Insurers Are Increasingly Placing Importance on ESG
- ESG a Rising Consideration, but Not a New One
- AM Best Analysts: Europe, MENA Face Evolving Risk Environments