A systematic literature review: ESG criteria implementation in the Insurance industry
Fecha de publicación
2024ISSN
2014-3214
Resumen
Purpose: Sustainability and ESG criteria are gaining more and more relevance, and the insurance industry is playing a relevant role in the sustainability transition. Therefore, this study aims to review existing academic literature on ESG criteria in the insurance industry. Specifically, it addresses the determinants in three objectives: First, analysing the focus on sustainability considering the three dimensions of the ESG framework: environment, social and governance; the second one, focusing on the relevant topics in the insurance industry involving the ESG criteria. And finally, identifying the main gaps and point out new research lines. Design/methodology: The research was conducted through a systematic literature review considering published articles of Web of Science and Scopus. Originality/value: Although the insurance industry has a very relevant weight into the economy and the society, and it plays a key role in promoting the transition to a low-carbon economy, we noticed that there are not many scientific articles on this subject. Findings: Findings contribute to the body of literature on sustainable finance, providing a new and complete overview about how ESG criteria implementation has been approached in the insurance industry: mapping research streams, analysing the ESG approach, and identifying research gaps in this domain. Practical implications: This article wants to provide a broader and a more structured knowledge about ESG criteria implementation, and to help managers and insurance companies to move forward with sustainability strategies, and to identify the future lines of research. Social Implications: Business sustainability aims to combine market logic with social welfare logic, but we have found little activity on how insurance companies develop the social dimension within the ESG perspective, as a way to influence the community by promoting equal practices, access to education, etc.
Tipo de documento
Artículo
Versión del documento
Versión publicada
Lengua
English
Materias (CDU)
33 - Economía
Palabras clave
Sostenibilitat
ESG
Assegurances
Mediambiental
Verd
Climàtic
Social
Governança
Rendiment
Estratègia
Ètica
Diversitat
Sostenibilidad
ESG
Seguros
Ambiental
Verde
Climático
Social
Gobernanza
Desempeño
Estrategia
Ética
Diversidad
Sustainability
ESG
Insurance
Environmental
Green
Climate
Social
Governance
Performance
Strategy
Ethic
Diversity
Páginas
22
Publicado por
OmniaScience
Colección
20; 1
Publicado en
Intangible Capital
Citación
Marti, Albert; Bastida Vialcanet, Ramon; Marimon, Frederic [et al.]. A systematic literature review: ESG criteria implementation in the Insurance industry. Intangible Capital, 2024, 20(1), p. 193-214. Disponible en: <https://www.intangiblecapital.org/index.php/ic/article/view/2426>. Fecha de acceso: 3 jun. 2024. DOI: 10.3926/ic.2426
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Derechos
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