QBE’s Premiums4Good impact investment initiative has picked up a Sustainability Leadership Award from the Business Intelligence Group in its 2020 Sustainability Awards program.

The Sustainability Leadership Award honours people, teams, and organisations that include sustainability as a significant part of their business practice or overall mission.

Maria Jimenez, the chief nominations officer at Business Intelligence Group, commented: “We are proud to reward and recognize QBE and the Premiums4Good programme for their sustainability efforts. It was clear to our judges that their vision and strategy will continue to deliver results toward a cleaner, more sustainable world. Congratulations!”

QBE’s Premiums4Good initiative connects insurance customer premiums to the demand for impact investments. It delivers attractive risk-adjusted returns and business value with a positive social and environmental impact.

“Premiums4Good aligns with QBE’s wider commitment to operating sustainably and addressing climate risk,” said Gary Brader, the chief investment officer of QBE Group.

“Premiums4Good is invested in social projects globally, many supporting those impacted by COVID-19, and in renewable energy projects and other initiatives around the globe that are designed to address the physical and transition risks and opportunities of climate change.”