{"id":421847,"date":"2025-02-17T15:37:18","date_gmt":"2025-02-17T14:37:18","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/421847\/"},"modified":"2025-02-17T15:37:19","modified_gmt":"2025-02-17T14:37:19","slug":"esg-criteria-what-contribution-can-the-insurance-industry-make-to-the-transformation","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/421847\/","title":{"rendered":"ESG Criteria \u2013 What Contribution Can the Insurance Industry Make to the Transformation?"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-421847","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The investment required for the transformation to a climate-neutral economy in Europe is estimated by the European Commission at 7% to 8% of gross domestic product per year (base scenario). The insurance industry can support the transformation primarily through an ESG-compliant investment strategy, especially within unit- and index-linked life insurance. The restructuring of investments covering actuarial reserves in traditional life insurance, however, is currently limited by the low volume of issuance of ESG-compliant securities in Europe and Austria. In addition, ESG reporting by non-financial companies and the preparation of external ESG-ratings are still in its infancy. Life insurance companies can bundle ESG-relevant information into products for customers in a cost-effective and credible way; government subsidies and regulatory simplifications in sales would stimulate demand for ESG-compliant life insurance policies.","onlinedate":"2025-02-17 14:37:20","lang":"German","publication_series":"","publication_date":"20250217","publication_date_year":"","publication_date_full":true,"publication_num_pages":"50","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":421850,"zip":null,"link":"","monthly_report":false,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"","journal":"","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[81966],"research_groups":[3500],"collaboration":"","persons":[3899],"persons_data":"[{\"personId\":3899,\"personName\":\"Thomas Url\",\"organisationNames\":[]}]","clients":[10760],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","scientific_assistance":"[\"Glauninger Ursula\"]","scientific_review":"[\"Kletzan-Slamanig Daniela\"]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.5 (Yoast SEO v26.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ESG Criteria \u2013 What Contribution Can the Insurance Industry Make to the Transformation? 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