Hiscox Ltd

Lobbying Governance

AI Extracted Evidence Snippet Source

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]The governance structures we have embedded regarding ESG and climate-related activities ensure a consistent approach. We have an ESG working group, which acts as an operational body to identify and recommend areas of focus and specific projects, as well as a Sustainability Steering Committee which provides appropriate challenge, ensures consistency (both with other climate activities as well as with the Group's ESG Framework and overall strategy), and provides senior level involvement and oversight. Key matters can, within this structure, be referred to the Group Board where appropriate.

CDP Questionnaire Response 2022

Attach commitment or position statement(s)[…]Page 49 of the 2021 Annual Report and Accounts outlines our intention to both engage with our suppliers, brokers and reinsurers on our net-zero targets and on their plans to adopt Paris-aligned climate targets, as well as to monitor emerging standards around underwritten emissions and collaborate across our industry on their development, aligning with best practice in this area as it emerges. This means engaging through trade associations to indirectly influence regulation and ensure common standards in key areas for our industry.

CDP Questionnaire Response 2022

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes

CDP Questionnaire Response 2023