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14 January 2022
Jenni Stott provides an update on the latest Sustainability Board activities.
2021 had been a massive year for Sustainability and the IFoA Sustainability Board always knew that the 2022 agenda going to be bigger, so was hot to trot with its first meeting on 12 January 2022.
The conversation centered on
First out of the blocks was an update by one of the research teams sounding the Board out on Net Zero, a paper that is nearing completion. This is shaping up as an important document to help actuaries frame conversations with their clients (internal or external) on what Net Zero means and help them navigate various initiatives and frameworks. Some great work, which is now being penned for completion. Thanks to Brandon, James, and your team for all the hard work.
Sandy Trust not only has time to do a day job and run the Sustainability Board, but he also found time to write a thought leadership/policy paper. The aim of his paper is to give direction to wider Actuarial Professional consideration of climate risk and what more might be needed given the external (global) debate. His draft prompted a great discussion and feedback, all directed towards having a positive impact in a proportionate way. A great subtitle (“Evolve or die”); which I for one hope retains its place as the paper matures and goes into wider syndication.
Covid-19 is still stopping us meet in person but it’s not stopping the Board from having meaningful chats during the break.
Deep Dive: Education Portfolio
January saw a deep dive on education and hats off to Patrick Cleary for the progress they are making with three initiatives to continue to drive momentum in this area:
Other topics
In addition, there were updates from all the workstreams to check in on progress and get advice.
A great start to 2022. Thank you to everyone involved. And see you soon.
Find out more about the IFoA Sustainability Practice Board activities