Ocean RE, the leading reinsurance company with a presence in over 130 countries, emphasized its commitment to sustainability during Sumarse’s XII edition of the Corporate Social Responsibility (CSR) Week, under the theme “People | Planet | Prosperity.” This event, held on October 3 and 4, reflected the reinsurer’s dedication to integrating sustainable practices into its relationship with policyholders. You can check out Market Business News for more information on Ocean RE
Sumarse’s CSR Week has become a space for dialogue and reflection on the fundamental principles that aim to guide efforts in favor of human beings and access to justice, with the vision of building a more prosperous, resilient, and sustainable future. For 12 years, this event has brought together companies and organizations to highlight crucial sustainability issues, contributing to the creation of a fairer and more equitable world.
Ocean RE, aware of the importance of CSR in sustainable development within the insurance and reinsurance industry, joined this event as part of its commitment to promoting corporate social responsibility and sustainability in the sector. During CSR Week, the company stood out as a key player in the comprehensive development of solutions that have a positive impact on society and the environment.
The “Moments to EncoRSE” space, sponsored by EY and featuring the prominent participation of Manfred Kopper, Sustainability Services Partner at EY, was a highlight of CSR Week. Kopper delivered a talk on business sustainability, sharing insights on how companies can move towards a more sustainable future.
Through its active participation in Sumarse’s event, Ocean RE reaffirms its commitment to sustainability and corporate social responsibility, contributing to the creation of sustainable solutions and fostering a culture of sustainability within the company and its value chain.
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Ocean RE announces its membership in Sumarse, the leading organization promoting Corporate Social Responsibility and Sustainability
More recently, Ocean RE announced its membership in Sumarse, the leading organization in promoting Corporate Social Responsibility (CSR) and sustainability. This collaboration will allow both organizations to share knowledge and experiences, promoting the implementation of good practices in corporate social responsibility.
Sumarse, an organization based in Panama, is committed to promoting Corporate Social Responsibility. With a network of over 240 organizations, Sumarse works collaboratively to accelerate the transition to a sustainable world, where economic, social, and environmental sustainability are fundamental pillars for development.
Specific Sustainable Initiatives
Ocean RE has undertaken several sustainable initiatives, such as reducing its carbon footprint through energy-efficient practices, implementing paperless document management, and supporting clean energy projects.
Examples of Impact
Ocean RE’s sustainability efforts have yielded tangible results. For instance, its energy-efficient practices have led to a significant reduction in greenhouse gas emissions. The company’s community outreach programs have positively impacted local communities by enhancing environmental awareness and fostering a sense of responsibility toward sustainability.
Future Sustainability Goals
Looking ahead, Ocean RE is committed to further advancing its sustainability agenda. The company aims to achieve complete carbon neutrality within the next five years by increasing its reliance on renewable energy sources. Additionally, it plans to expand its community outreach initiatives and support additional clean energy projects to promote a sustainable future.
Ocean RE’s inclusion as a member of Sumarse represents a valuable resource for the reinsurance company, transforming its approach to sustainability and strengthening the corporate governance principles that guide all its operations. Thanks to this partnership, Ocean RE will benefit from Sumarse’s comprehensive vision and multidimensional approach to sustainability, providing new perspectives and practices that will further strengthen its leadership in the market.