Only one third of SME brokers understand their firm's ESG targets: CII

Limited resources to implement ESG decisions

Jaskeet Briah
clock • 1 min read

Only one third (32%) of employees at small- to medium-sized (SME) brokers understood the Environmental, Social and Governance (ESG) targets at their firm, according to research by the Chartered Insurance Institute (CII).

An understanding of ESG targets was not consistent across employees of SME brokers, the CII detailed. Larger firms and more senior staff were "significantly" more likely to have a "meaningful" understanding of their firms' targets than those in entry level (25%) or intermediate level roles at SME brokerages. Compared to larger firms in the industry that have already outlined ESG strategies, the CII noted that other brokers are still considering their approaches, with key decisions yet to be taken and limited resources with which to implement them. As such, the CII Broking Community...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Adviser / Broking

80% of insurance professionals oppose FCA CPD changes

80% of insurance professionals oppose FCA CPD changes

CII research

Cameron Roberts
clock 03 July 2025 • 1 min read
How shifting UK demographics are changing the protection conversation

How shifting UK demographics are changing the protection conversation

“Advisers must adopt a consultative, personalised approach”

Toni Smith
clock 02 July 2025 • 4 min read
Lee Hartley to step down as Fairstone CEO

Lee Hartley to step down as Fairstone CEO

Replacement to be named in September

Jenna Brown
clock 01 July 2025 • 1 min read