CSAA Insurance Group (IG) has released its third annual Environmental, Social and Governance (ESG) report, covering the calendar year 2022. As the venture capital arm of CSAA, we are proud of the company’s dedication to these issues, their diligence in capturing data of their successes, identifying where we can all work harder, and remaining transparent throughout the process. Last year CSAA IG announced its environmental commitment to achieving a 50% reduction in carbon emissions and carbon neutrality by 2025. It has already achieved a 45% emissions reduction from its 2016 baseline, inclusive of Scopes 1, 2, and 3 (business travel, employee commute, and home offices’ energy use).
CSAA IG believes this work – particularly environmental sustainability – is a business imperative for insurers, given the role it plays in helping policyholders who experience losses due to climate-related impacts.
As CSAA IG’s CEO, Tom Troy, said, ESG reporting helps CSAA be a better company and community member because it provides a framework to share its progress and vision for a better future across everything they do.
Read the full CSAA ESG Report below.