Welcome to this module on

Sustainability Risk Framework

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INTRO START
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Meet the Specialist

Kate is an experienced Underwriter at Swiss Re. Let’s understand what she has to say.

KATE

diagram Hi, to completely understand the Sustainability Risk Framework, you must go through the key concepts. I will walk you through each of those today. But, first, we must assign you an access card. Please help me create one.
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Select a profile picture and provide your name and submit.
SUBMIT

Objectives

Good job on creating your access card , at the end of this module, you will be able to:

Describe the Sustainability Risk Framework

Use the SBR Assessment Tool

Explain the due diligence process

Umbrella Guideline - Human rights
Umbrella Guideline - Environmental protection

A Sensitive Business Risk (SBR)

A Sensitive Business Risk (SBR) is a transaction which (might) affect(s) any policy of the Sustainability Risk Framework.

Select each icons to learn more about the Sustainability Risk Framework.

Sector-specific policies
Exclusions
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KATE

diagram Hello again ! I believe you have understood the concepts covered so far diligently. Because, it’s time to test yourself and earn some more points.

1/3 Which of the following are examples of sensitive business risks?

Select the correct option and submit

2/3 Which of the following are the activities prohibited under Sustainability Risk Framework?

Select 'Yes' or 'No' to make the accurate decision and Submit.

Logging

Mine with evidence of harmful child labour

Transport of weapons

Construction of dam in UNESCO World Heritage Site

3/3 Which of the following are the examples of human rights violations that are relevant for the Sustainability Risk Framework?

Select the correct examples and select Submit.

Employer not providing factory workers with a free health clinic

Children younger than 12 years working on a cocoa plantation

Violent relocation of indigenous communities for construction of a dam

Workers on a road repair after midnight

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Well done!

You have successfully completed the first topic of this module. Let’s understand how to use SBR tool now.

CONTINUE

From: Jay Mckelsey
To:

Subject: Inquiry on behalf of Lusaka Mining

Dear ,

Regarding the Lusaka Mining deal, we talked about over the phone yesterday, can you please advise on willingness of Swiss Re quote?

Best,
Jay

SBR Refferals

In cases of high sensitivity, the SBR Assessment Tool will prompt you to submit an SBR Referral. The Sustainability Risk team will review your referral using external intelligence providers, past decisions, media scans and come to a joint decision using at a minimum a 4-eye review process.

SBR Referrals

After this thorough analysis of your transaction, the Sustainability Risk team will revert
to you with one of the following binding decisions: Proceed, Proceed with conditions or Abstain.

Select the buttons to learn more

Proceed
Proceed with conditions
Abstain

Operationalization of the Sustainability Risk Framework

What are the key tools, steps, and mechanisms?

Select each button to learn more.

Key Take-aways

Now you should be equipped with the necessary skills to keep Swiss Re as the insurance sector’s sustainability leader!

  • Keep in mind that any transaction could be sensitive from a sustainability point of view. It’s important to recognize that early on!

  • Always use the SBR Assessment Tool as a first step to check your transaction. It will save you time in the long run!

  • If you have any more questions or need more information, please refer to our Sharepoint website, or contact the Group Sustainability Risk team.

Assessment

Welcome to Final Test

  1. You have now completed the Sustainability Risk Framework eLearning course.
  2. You will answer five questions in this test.
  3. You cannot return to a question once your answer has been submitted.

ALL THE BEST!

Question 1

What is covered under the scope of the SBR Assessment Tool?

Select the appropriate option from the choices below.

Question 2

What should be my first reaction if I suspect my transaction could be a Sensitive Business Risk?

Select the appropriate option from the choices below.

Question 3

You check a transaction in the SBR Assessment Tool and receive a "medium sensitivity". What do you do?

Select the appropriate option from the choices below.

Question 4

You submitted a transaction as an SBR Referral last year. How should you approach the renewal?

Select the appropriate option from the choices below.

Question 5

Your transaction covers exposure in several countries. Which one do you enter?

Select the appropriate option from the choices below.

You have now successfully completed the e-learning on the Sustainibility Risk Framework.

Close the browser to exit the course

Score: /5