Tristan Helsloot’s Post

📣 This special edition of the State of the Insurers publication series provides an analysis of the primary Environmental, Social and Governance (ESG) disclosures reported by four Dutch insurers. Key takeaways include: 🌱 Insurers continue to be committed to reducing emissions and managing environmental risks in its own operations, investment and insurance portfolios. Whilst a decline in emissions from 2019 to 2020 was largely driven by COVID-19, small increases in emissions have been observed as business activities have resumed. There also appears to be a shift towards green bonds as insurers aims to align their investment portfolio with climate goals. 🤝🏻 Insurers continue to push ahead with their Diversity, Equity and Inclusion (DEI) agenda but there is still room to address broader topics that fall within the DEI topic. Whilst it is no surprise that Artificial Intelligence (AI) is a key enabler in the Insurers’ efforts to enhance the experience for consumer and end users, Insurers have largely focused on socially responsible investments and financial wellbeing initiatives for their affected communities. 🏛️ ESG is well embedded as part of the Insurers’ governance - from specialised committees to ESG-based compensation at Executive Boards - but opportunities remain to further integrate sustainability across all levels in the organization. ‼️ Comparability across the insurers’ ESG disclosures remains a challenge, due to inconsistent application of methodologies, data quality & availability issues and variability in the level of details provided. Transparency and improvements in comparability are expected to be accelerated from the fast approaching deadline of the Corporate Sustainability Reporting Directive (CSRD) Click the link to find out more:

In the latest episode of the KPMG ESG Experts Podcast, host Pieter van Dijk talks with experts from the Sustainability Reporting & Assurance team - Paul Pieroen, Miele Janse van Vuuren and Riccardo Altenburg - about the role of 'data and technology in CSRD reporting'. By listening to the podcast, you will gain more insights in key challenges for the first reporting deadline, the organization of data in the value chain and how to set up a solid data and technology foundation. We also look at these challenges from an assurance lens and share practical tips to help you get started.

On Monday, September 16, 2024, KPMG will host the Webinar Update EU Taxonomy. Over the summer, we expect to get a new set of guidance in the form of FAQs in relation to the Environmental Delegated Act and get clarity on the exemption rules with respect to EU Taxonomy disclosures. We will share updates on our EU Taxonomy assurance approach and good practices how to embed the taxonomy in your non-financial reporting. Register now: #KPMG #EUTaxonomy #CSRD #SustainabilityReporting #webinar

In the latest episode of the KPMG ESG Experts Podcast, our host Pieter van Dijk talked with me and other experts from the Sustainability Reporting & Assurance team - Vera Moll and Gijs de Graaff - about the 'EU Taxonomy'. We discussed how the EU taxonomy connects to the CSRD, addressed issues around eligibility and alignment, and provided tips on how to navigate through all the documents, regulations and moving targets coming your way. We also highlighted what this all means from an assurance perspective and what you need to consider as an organization. Listen to the episode via your favorite streaming service or watch the video of our conversation: #ESG #CSRD #Sustainability Reporting #EUTaxonomy #Podcast #KPMG https://lnkd.in/e38EbyRE

Financial sector actors such as banks are increasingly aligning with global net zero commitments such as the goals of the Net Zero Banking Alliance (NZBA), which is dedicated to achieving net zero emissions by 2050 in line with the Paris agreement. The financial sector is currently grappling with multi-dimensional and multi-layered challenges. On the one hand, they are expected to expand their capabilities on measuring financed emissions, establish a robust climate data infrastructure and offer new services and products, and on the other hand they have to strengthen customer relationships and support their transition as well. At KPMG we provide bespoke services to help FIs in developing an end-to-end decarbonization strategy, leveraging our repertoire of tools and datasets to ensure the delivery of scientifically sound assessments and strategies. Download the brochure to learn more: #FinancialSector #Decarbonization #NetZero #KPMG

Progress continues, but the opportunity for banks to tell a connected story remains Investors are demanding ever more comprehensive disclosures on the impact of #climate-related matters. Read our latest analysis of the #climate-related disclosures made by 35 selected #banks as part of their 2023 reporting cycle. Our report focuses on five areas that are current or emerging areas and include financial reporting, financed and facilitated emissions, transition plans, assurance and nature-related risks.

Very happy to have been a guest in episode 2 of the KPMG ESG Experts Podcast. Here host Pieter van Dijk talked with me and decarbonization experts from the ESG team - Michiel Evers and Heerali Singh - about 'Greenhouse gas (GHG) and Decarbonization'. We discussed challenges around locked-in emissions, data quality and data-driven strategy in relation to the CSRD reporting process. We shared client stories and discuss possible solutions. We also highlighted what this all means from an assurance perspective and share concrete steps your organization can take. You can now listen to the episode via your favorite streaming service or watch the video of our conversation: #ESG #CSRD #Sustainability Reporting #Podcast #KPMG

In episode 1 of the KPMG ESG Experts Podcast, host Pieter van Dijk talks with experts from the Sustainability Reporting & Assurance team - Audrey Bozec, Midge Prudon, Anton Zhigalov - about 'Double Materiality Assessment (DMA) and the Value Chain'. They discuss the importance of the Double Materiality Assessment (DMA) and the value chain for organizations and how they relate to different steps of the CSRD reporting process. Our experts share challenges they have seen with clients and discuss possible solutions. They also highlight what this all means from an assurance perspective and what you need to consider as an organization. Listen to the first episode via your favorite streaming service or watch the video of our conversation: #ESG #CSRD #Sustainability Reporting #Podcast #KPMG