BENEFITS OF INTEGRATING SUSTAINABILITY INTO INSURANCE COMPANIES

The integration of sustainability in insurance companies has become a priority of the boards and constitutes a strategy in increasing resilience, in terms of improving financial performance and developing innovation. In this article, we will synthesize various studies and perspectives regarding the integration of sustainability in insurance companies, emphasizing both the financial advantages, as well as the operational and reputational ones. In the scientific literature review part, we touched on the research methodologies that highlighted the global sustainability development frameworks. The results obtained suggest that adopting sustainability is essential for long-term success and relevance in a rapidly changing global landscape. Furthermore, the analysis reveals that nearly 50% of the published articles originate from the fields of business, engineering, economics, and social sciences, underscoring the interdisciplinary nature of sustainability research. Future research, as we have seen in studying the activity of BNP PARIBAS CARDIF, should focus on developing comprehensive frameworks for sustainability management in the insurance sector, addressing local and global challenges.

Authors

Publication Details

Journal
Journal of Financial Studies
Published
2024-11-10
DOI
https://doi.org/10.55654/jfs.2024.9.17.08
Citations
2
Primary Topic
Corporate Social Responsibility Reporting
Type
article
Field-Weighted Citation Impact
1.11
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article

BENEFITS OF INTEGRATING SUSTAINABILITY INTO INSURANCE COMPANIES

Carmen Valentina Rădulescu, Liviu Purcărea, Andreea Maria Mănescu
2 citations
Journal of Financial Studies
Corporate Social Responsibility Reporting
1.11
article

BENEFITS OF INTEGRATING SUSTAINABILITY INTO INSURANCE COMPANIES

Carmen Valentina Rădulescu, Liviu Purcărea, Andreea Maria Mănescu
article en
2 citations

Abstract

The integration of sustainability in insurance companies has become a priority of the boards and constitutes a strategy in increasing resilience, in terms of improving financial performance and developing innovation. In this article, we will synthesize various studies and perspectives regarding the integration of sustainability in insurance companies, emphasizing both the financial advantages, as well as the operational and reputational ones. In the scientific literature review part, we touched on the research methodologies that highlighted the global sustainability development frameworks. The results obtained suggest that adopting sustainability is essential for long-term success and relevance in a rapidly changing global landscape. Furthermore, the analysis reveals that nearly 50% of the published articles originate from the fields of business, engineering, economics, and social sciences, underscoring the interdisciplinary nature of sustainability research. Future research, as we have seen in studying the activity of BNP PARIBAS CARDIF, should focus on developing comprehensive frameworks for sustainability management in the insurance sector, addressing local and global challenges.

Journal of Financial StudiesVol. 9(17)
Industry, innovation and infrastructure
Openalex Percentile: Top 14%
Corporate Social Responsibility Reporting
1.11
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