Corporate Governance and Sustainability of the Insurance Sector in Brazil

Abstract

The objective of this chapter is to analyze the relationship between the perception and practice of environmental and corporate governance issues of insurance companies in Brazil, in the context of the global sustainability agenda. The implementation and dissemination of sustainable corporate actions demonstrates the organizations' responsible behavior and legitimizes their actions in relation to society. Based on the guiding actions of the Principles for Sustainability in Insurance, the sector has been sensitive to global challenges, including climate change and demographic change. However, the effective operationalization of an environmental action plan still shows itself as intermediate to incipient, evaluated by the coefficient of priority created for the various themes, considering the high risk management potential that characterizes the sector.

Citation

Borelli, E. (2020), "Corporate Governance and Sustainability of the Insurance Sector in Brazil", Crowther, D. and Seifi, S. (Ed.) Governance and Sustainability (Developments in Corporate Governance and Responsibility, Vol. 15), Emerald Publishing Limited, Leeds, pp. 147-159. https://doi.org/10.1108/S2043-052320200000015008