SUSTAINABILITY

Enstar continues to prioritize our sustainability practices through key Environmental, Social and Governance areas to create a more sustainable future for our people, societies, and the environment. Our responsibilities to our stakeholders focus on strong business ethics and compliance, people and culture, and community involvement.

Enstar has formed an executive-level ESG Oversight Group and established a structure of working groups to address our ESG responsibilities in critical areas: Climate Change, Investments, and Human Capital.

Enstar began its sustainability initiatives reporting in 2021. Download Enstar's 2021 Corporate Sustainability Report (CSR), 2021 Sustainability Accounting Standards (SASB) Report, and 2021 Task Force on Climate-Related Financial Disclosures (TCFD) Report.

ESG OVERSIGHT

Enstar Group has formalised the oversight, executive leadership, and operationalisation of the Company's ESG efforts. This has been done by designing a structure to ensure these topics are integrated into the foundation of Enstar's governance framework. Sustainability is a key Board focus, with responsibility for ESG development and oversight primarily assigned to the Risk Committee, in coordination with other committees of the Board as appropriate. In September 2021, management established the ESG Oversight Group that includes senior executives from key functional areas and is led by the Group Chief Risk Officer. The ESG Oversight Group, by and through various ESG working groups it may establish from time to time, is responsible for implementing and reporting on the Group’s ESG program to the Board and its committees.

ESG RESPONSIBILITIES

CLIMATE CHANGE COMMITMENT

Enstar recognises its essential role in helping our stakeholders identify and adapt to the impact of climate-related risks.

We focus on mitigating three major types of climate risk which may affect the sustainability of the contracts we assume:

  • Physical risks,
  • Transition risks, and
  • Liability risks

SUSTAINABLE INVESTING

Managing Enstar’s investment portfolio is one of our principal activities. The majority of Enstar’s investment portfolio is managed by external asset managers, although the ultimate responsibility for investment direction and oversight lies with our Group and Subsidiary Boards of Directors and Investment Committees. While maintaining our objective of obtaining the highest possible level of risk-adjusted investment returns consistent with the preservation of capital, liquidity, and prudent diversification, Enstar seeks to explore and improve the sustainable impact of investment activities carried out on our behalf.

DEVELOPING OUR HUMAN CAPITAL

We put our peoples’ welfare and wellbeing at the heart of daily operations. We strive to be recognised as an employer of choice, one that draws strength, opportunities, and financial growth from the diversity of our workforce. We are committed to fostering a culture that

  • treats all employees fairly and with respect,
  • promotes inclusivity and diversity, and
  • provides equal opportunities for professional development and merit-based advancement.

 

DOWNLOAD ENSTAR’S CORPORATE SUSTAINABILITY
REPORT 2021


ESG is an increasingly important component of the inherent value of any business. Enstar’s accomplishments and initiatives in this area are an investment in our long-term value. Equally, they are simply the right things to do.

ROBERT J. CAMPBELL, CHAIRMAN


Like businesses everywhere, Enstar continues along an ESG journey. I believe that, both individually and collectively, we can make a difference. I am proud of the work we have done, and excited about that which is now under way.

SEEMA THAPER,
GROUP CHIEF RISK OFFICER WITH RESPONSIBILITY FOR ESG 


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QUICK STATS

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Assets
September 30, 2022

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Liabilities
September 30, 2022

$bn

Shareholders' equity
September 30, 2022

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Total acquisitive transactions since formation