ANZIIF Journal, V45, Issue 1 (March 2022)

Page 28

28

CSR by Domini Stuart

IN SHORT › Corporate social

responsibility (CSR) used to be synonymous with philanthropy and was treated as an adjunct to the business. Today, it addresses a range of issues and is widely regarded as fundamental to business strategy.

› APAC insurers have a

strong focus on CSR projects and targets related to climate change and sustainability, but are also still making contributions to address financial hardship in their communities.

› With their insight into risk

and risk mitigation, insurers are uniquely placed to take a leadership role in CSR.

JOURNAL // ISSUE 01 2022 // ANZIIF.COM


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