INTRODUCTION PROMOTING CLIMATE RESILIENCE CLOSING THE PROTECTION GAP INDUCING POSITIVE SOCIETAL CHANGE GOVERNANCE APPENDIX 1.5 Our United Nations Commitments Our core value of sustainability is reflected in our adoption of several voluntary frameworks, such as the UN Global Compact, the UNEP FI PSI and the UN PRI, which reflects our promotion of sustainable and socially responsible business practices. Furthermore, by embedding sustainability in our underwriting practices, investments and operations, we actively support the United Nations’ Sustainable Development Goals (SDGs), which are a set of 17 global goals established by the United Nations in 2015 to address various social, economic, and environmental challenges and promote sustainable development worldwide. We participate in the UN Global Compact We are a signatory of the UNEP FI PSI and We are a signatory of the UN PRI and promote and align our strategies and operations with aim to identify and address sustainability risks responsible investment practices to contribute universal principles on human rights, labor, and opportunities to promote sustainable to a more sustainable financial system. environment and anti-corruption. development. UN SDG 13: Climate action • Aiming to apply our climate science expertise to better understand the climate risk in our portfolio to provide adaptive capacity. • Seeking to educate and share our risk expertise with stakeholders to raise awareness of climate change mitigation, adaptation and impact reduction. • Supporting the global transition to a climate-resilient future through our underwriting activities. • Considering certain ESG factors within our investment strategy that help support our position in identifying sustainable investment opportunities that promote the transition to a climate-positive economy. • Measuring and reporting greenhouse gas (GHG) emissions to help us identify and develop strategies to promote sustainability in our operations. UN SDG 11: Sustainable cities and communities • Seeking to translate risk expertise into actionable guidance for homeowners, businesses and communities through our partnerships. • Aiming to provide prompt and fair settlement to our clients, while effectively managing our risks, to support recovery and reconstruction efforts after disasters and reduce the counterparty’s economic losses due to event disruption. • Donating time and money to local charities through our corporate social responsibility (CSR) efforts, focusing on health, education and economic development. UN SDG 17: Partnerships for the goals • Leveraging our leadership positions in ClimateWise, IDF and SMI to promote a resilient and sustainable future in the sustainability industry. • Collaborating with governments, NGOs and the private sector to drive progress toward a sustainable future, including through our Risk Mitigation Leadership Forum series. • Aiming to proactively engage with the humanitarian sector to build capacity and innovative products. 9
RenaissanceRe Sustainability Report 2022 Page 9 Page 11