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...

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