Sovereign Assurance becomes the first insurance company to sign the Natural Capital Declaration
This week Sovereign Assurance became the first insurance company to sign the Natural Capital Declaration.
Sovereign CEO Charles Anderson said: “As an insurer we routinely sell policies that we expect to be on our books for 50 years. Delivering on our promise that we will be around and in good shape to meet our obligations in 50 years’ time is essentially how we define our sustainability challenge.
“It is clear to us that economic and social wealth are inextricably linked to the natural resource base and that to ensure a sustainable future our shared natural resource base must remain healthy and viable.
“Sovereign is committed to understanding the impact that our investments have on natural capital and to make this visible to all of our stakeholders. We are therefore very proud to support the Natural Capital Declaration as a global initiative to measure, disclose and take action to value natural resources as an extension of capital and look forward to working with others to realise this ambition.”
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