Tag archives: ESG

10 Things to Know about the NSW Modern Slavery Act

In our recent blog, we alerted you to the Commonwealth Modern Slavery Bill, which was introduced into Parliament last week, for debate in August, following the passing of the Modern Slavery Act 2018 (NSW) on 21 June 2018. The NSW Act establishes a new modern slavery reporting requirement which will have a significant impact on … Continue reading

Insurance: necessary evil or social good?

In Ireland, AIG recently cancelled the policies of numerous young drivers who persistently exceeded the speed limit.  In New York, property and casualty insurer Lemonade has announced changes to their policies following the tragic Las Vegas massacre.  And in Sweden, Skandia has developed an underwriting model to reduce long-term sick leave for corporates. What do … Continue reading

Climate Change Risk: what it means for Australian Boards and their D&O insurers

Progressive corporations are now focused on Environment and Social Risk Governance (ESG) criteria as an important indicator of business performance.  Evaluation of which environmental risks might affect a company’s income and expenses, and how to manage those risks, are important issues for socially aware investors in driving investment decisions.  In the coming decade – as … Continue reading

Messages from our second annual insurance seminar: Future Ready – Sustainable Cities

Environmental class actions. Pandemics.  ESG principles.  These were some of the topics of discussion at Norton Rose Fulbright’s second annual insurance seminar, Future Ready – Sustainable Cities, held in Sydney on 3 February. The rise of the ‘megacity’ – cities with a population of over 10 million people – was the springboard for the lively … Continue reading