Sustainable insurance: The dilemma of Small and Medium Enterprises (SMEs) in Africa
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Sustainable insurance: The dilemma of Small and Medium Enterprises (SMEs) in Africa
In today’s rapidly changing world, sustainability has become a critical component of business strategy across all industries. The financial industry, which plays a critical role in the financing and protection of businesses and their assets, is now expected to drive greater sustainability by investing and protecting ventures, which are sustainable.
This trend therefore presents, the insurance industry which is an integral core of the financial industry a unique opportunity to drive positive change and sustainability ?by incorporating Environmental, Social and Governance (ESG) considerations into its operations. Before I delve into the subject, one may ask; what is sustainability and how can the insurance industry drive? sustainability and expected positive change?