Message from the CEO
2021 was another challenging year, in many respects. COVID-19 kept changing our everyday lives.
The IPCC report in August, referred to as ’Code Red for Humanity’ by many, showed how urgent it is that we think about sustainability and reduce emissions in everything we do, whether we are private individuals or businesses.
If has been working on sustainability for many years, and we have now further increased our scope and ambition level. We have integrated sustainability as part of our strategy, and sustainability is now one of four foundations in our revised strategy framework. If is the largest P&C insurance company in the Nordics, and we want to take leadership and define the sustainability agenda in our industry.
I am particularly proud that we have made environmental impact and human rights part of our insurance terms. We expect sustainable behaviour from our corporate clients, and they must comply with the principles of the UN Global Compact, which include fundamental human rights, labour rights, the environment and anti-corruption.
I believe that the reason is that If has a strong corporate culture, and we are committed to being by our customers’ side even under extraordinary circumstances.
Another important step is that we have joined the Science Based Targets initiative (SBTi) and have committed to set ambitious climate targets that are in line with what the latest climate science deems necessary in order to meet the goals of the Paris Agreement.
By taking such steps, we hope to set an example that others will follow.
I am truly grateful to our employees for the way they have dealt with the pandemic. Working from home offices, they have managed to provide the same excellent service to our customers, and continued to further develop and improve our service and offerings. I believe that the reason is that If has a strong corporate culture, and we are committed to being by our customers’ side even under extraordinary circumstances. Together we focus on our purpose: ‘We give people confidence today to shape their tomorrow’.
As a company, and in everything we do, we will continue to work towards our ambition of actively contributing to a more sustainable society.
Morten Thorsrud
CEO, If
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Preventing fires and emissions with data and technology
If’s top damage prevention experts help corporate customers build practices that focus on active damage prevention and the protection of the business.
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The work with sustainability never stops
– We have taken a leap with our sustainability work at If. Sustainability is now more integrated in If’s strategy, organisation and business operations, summarises Philip Thörn, If’s Head of Sustainability.
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News
If makes sustainability part of its strategy
Today, If presents its sustainability report for 2021. If has joined the Science Based Targets initiative and integrated sustainability in the company’s underwriting. The company focuses on initiatives that prevent damage and reduce emissions for customers and partners.
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Podcast
Loss prevention work with our clients
In this article, we highlight the responsibilities of a Risk Engineer when it comes to loss prevention work and the environment. The article explores the lifespan of buildings and challenges in selecting construction materials. Listen also to our podcast, you will find the link at the end of this article.
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Insights
Energy outlook 2022
With the loosening of COVID-19 restrictions in recent months, the world was thought to be arriving in a position where it could further accelerate away from its reliance on fossil fuels. Then, in late February 2022, the war in Ukraine began and this will also impact the transition from carbon-derived fuels to more sustainable and renewable energy sources.
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Insights
Managing refrigerated transport
In the food and beverage industry securing transportation and ensuring the continuity of production can help to reduce the environmental impact of your operations.
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Podcast
How does Risk Management link to sustainable business practice?
This article explores the environmental impact of fires, how fire safety improves business resilience and the current issues surrounding sustainability and risk engineering. Listen also to our podcast, you will find the link at the end of this article.
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The environment and human rights became part of insurance terms
In June 2021, we integrated sustainability into our underwriting. If’s corporate clients are expected to respect human rights, labour rights, the environment and anti-corruption.