15th February 2024

The British Insurance Brokers‘ Association (BIBA) has reaffirmed its ongoing commitment to Environmental, Social and Governance (ESG) for 2024 as UK and international regulatory requirements continue to ramp up. Graeme Trudgill, BIBA‘s Chief Executive Officer, signed the association‘s ESG policy reinforcing its pledge to ensure that accountability and transparency underpins all its practices and activities. BIBA plans to refresh its ESG policy and disclose it publicly annually.

Graeme Trudgill said: “We set out our ESG policy in 2023 and laid the groundwork on which we will build for the years beyond. We can look back on 2023 as a year of implementation for our ESG policy at BIBA, where we made progress giving form to our ideas and plans for action across the association. 2024 will see us solidify our work and better demonstrate through our actions, our commitment, and that of our members to sustainable insurance, to ensure a positive impact on the people and communities that the broking sector supports every day.”

The BIBA Manifesto 2024 contained a series of pledges to take ESG forward which included: helping members prepare for and meet incoming regulatory requirements on diversity & inclusion to deliver the positive changes in culture that the regulators are seeking; helping members to make more informed decisions and avoid ‘greenwashing‘; expand diversity and on boards and committees; and work with and support partners to attract more diverse future talent into the industry.

View BIBA’s ESG policy.

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