About this episode
In this episode of ESG Insider we're talking with one of the largest U.S. property and casualty insurers, Liberty Mutual Insurance, about how the company is integrating climate change risk into its investment decisions and underwriting practices. We interview Rakhi Kumar, Senior Vice President for Sustainability Solutions and Business Integration at Liberty Mutual Insurance, about a recent climate transition scenario analysis by the insurer. "As much as we may want to go faster, we have to recognize that there are realities that need to happen," says Rakhi. The analysis found that the lack of a coordinated global policy approach among countries presents the most immediate and greatest source of climate transition risk to companies. Listen to the ESG Insider episode from the S&P Global Sustainable1 Summit in New York here: https://www.spglobal.com/esg/podcasts/on-the-ground-in-nyc-how-climate-change-is-forcing-a-new-type-of-financial-literacy Listen to the episode where we talk with MunichRe about the insurer's approach to natural disasters here: https://soundcloud.com/esginsider/how-one-of-the-worlds-1 Listen to our episode featuring Manulife's Global Chief Sustainability Officer here: https://www.spglobal.com/esg/podcasts/why-esg-experts-say-don-t-let-perfect-be-the-enemy-of-good We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com). Photo credit: Getty Images DISCLAIMER By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties. S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.