Triglav Group discloses through CDP’s climate change questionnaire
Triglav Group aims to provide financial institutions, clients and other stakeholders with appropriate transparency and comparability of its environmental data. To this end, since 2021, the Company has disclosed its environmental impact through CDP, a global non-profit organisation that runs the world’s leading environmental disclosure platform.
Fully TCFD (Task Force on Climate-Related Financial Disclosures) aligned, CDP scores are globally used to drive investment and public procurement decisions towards a zero carbon, sustainable and resilient economy.
The full list of companies disclosing through CDP can be accessed here: https://www.cdp.net/en/responses.
For sustainability reporting, GRI standards (Global Reporting Initiative) and their specific guidelines for the financial sector as well as SASB standards (Sustainability Accounting Standards Board) are used. The range of topics and disclosures used is presented in the GRI and SASB content index at the end of the Annual Report.
Zavarovalnica Triglav, the parent company of the Triglav Group, is a signatory of the United Nations Principles for Sustainable Insurance (UN PSI) and thereby a member of the global community of banks, insurers and investors joining the United Nations Environment Programme Finance Initiative (UNEP FI).
The Group is realising its mission of building a safer future through sustainability goals. By pursuing sustainable development, the Group is creating a long-term stable basis for its profitable and safe operations, promoting the transition to a sustainable society and reducing its impact on climate change. Therefore, by committing to these principles and the United Nations initiative, the Group is formally acknowledging global guidelines in identifying and recognising environmental, social and governance (ESG) risks and opportunities. More information is available here.
Since 2023, the insurance company and Triglav Funds have been signatories to the United Nations Principles for Responsible Investing (PRI).
The principles encourage asset managers to invest responsibly with the aim of long-term profitable investment and better risk management, as well as co-creating sustainable capital markets that contribute to a fairer and greener future. By signing it, we support six principles for responsible investing. In accordance with these principles, we report annually on the process of incorporating sustainable principles into asset management. More information is available here.
Since 2023, Zavarovalnica Triglav has been a member of CER - Partnership for a Sustainable Economy, which is one of the leading Slovenian platforms for sustainable partnerships.
It brings together many experts in the field of developing sustainable business models and solutions. CER's mission is to promote an innovative climate-neutral circular economy and green technologies that have answers to environmental and energy challenges. More information is available here.
Since 2023, Zavarovalnica Triglav has been a partner of the Chapter Zero Slovenia platform, which is intended to acquire the appropriate knowledge, skills and competencies for responsible corporate governance.
It enables members of management and control bodies to take timely, positive and decisive action on climate change and the transition to a carbon-neutral, fair and inclusive society of the future. More information is available here.
Zavarovalnica Triglav is a signatory to the Partnership for Carbon Accounting Financials (PCAF) initiative, which aims to ensure that the financial industry’s policies are in line with the Paris Agreement targets. Thereby, the Company has gained access to methodologies for calculating the investment portfolio’s carbon footprint as well as to the working group that is currently developing a harmonised standard for calculating the insurance portfolio’s greenhouse gas emissions. More information is available here.