Integrating ESG into Portfolios and Services

8 June



The session will cover how Allianz integrates ESG into its business, with a focus on the P&C side. We will illustrate both how we are increasingly incorporating ESG assessment as a central risk perspective of our UW process, but also from a brisk consulting perspective and how we partner with corporations to help identify and mitigate ESG risk.

Speakers / Moderators

Christopher Bonnet

Head of ESG Business Services
Allianz Global Corporate & Speciality

Victoria Tan

Head, Group Risk Management and Sustainability Unit
Ayala Corporation

Key Takeaways

Christopher Bonnet of Allianz Global Corporate & Speciality, along with PARIMA Board Member Victoria Tan as moderator shared with the audience how risk managers can adapt AGCS’ Environmental, Social and Governance (ESG) strategy in their organisations.

The speaker mentioned how ESG should be given equal attention as with other parts of the risk management agenda, the importance of data & expert analysis to obtain a reliable assessment on the state of the organisation’s ESG efforts and proactive dialogue with clients & partners for collaborative action in mitigating ESG risk.

Bonnet presented actual case studies on how two seemingly similar cases in reality presented varying levels of risk and how putting emphasis into ESG helped an organisation improve its efforts. Tan also shared how Ayala Corporation’s current ESG strategy developed from being a part of their CSR to having its own framework that is embedded in the business model.

Some questions raised by the audience: What can risk managers do to get under the surface when a lot has been spent on marketing cover up or  ‘greenwashing’ the risks? What can players in Asia do to improve their ESG agenda one step at a time?

More About This Event​​

Presentation Deck

Cyber INCIDENT Simulation FORUm

Jeffrey Toh
Jeffrey Toh

Business Risk Consultant, Asia Pacific

FM Global

Jeffrey is a member of FM Global’s Business Risk Consulting (BRC) team in the Asia Pacific region. BRC services take a strategic approach towards helping clients identify the critical processes that drive their businesses and quantify dependencies on those processes. Through Business Impact Analysis (BIA), BRC helps clients to better understand the financial exposures to their businesses, to strengthen business resilience and develop effective risk management strategies.

Jeffrey joined FM Global in September of 2018. Prior to joining FM Global, Jeffrey was a Risk & Compliance Manager in the Group Finance department of The Great Eastern Life Assurance Company Limited, where he specialised in business process improvements and developing risk strategies. Prior to Great Eastern, Jeffrey served as a Corporate Improvement Manager in a publicly listed supply chain management company. He also had experience in performing financial statement audits in a range of industries, during his stint as a Senior Assurance Associate in Deloitte.

As a member of the Business Risk Consulting Group, Jeffrey is primarily responsible for conducting Business Impact Analysis, working in partnership with FM Global clients, to fully identify and quantify the client’s financial exposures as they relate to property and business interruption loss potential. The analysis Jeffrey performs often result in the identification of significant exposures that were previously unknown or not fully understood by the client, which potentially has a material impact to risk management decisions.

Jeffrey holds a Bachelor of Accountancy degree from Nanyang Business School, Nanyang Technological University of Singapore. He is also a certified Chartered Accountant.

Guido Gavio
Guido Gavio

Asia Complex Loss Director


Guido Gavio is the Asia Complex Loss Director for BELFOR Asia. He has more than 22 years of experience in handling restoration projects for companies suffering from losses after a disaster. He joined BELFOR Asia, then known as Relectronic – Remech as a Restoration Engineer in Australia in 1996. He rose through the ranks and was seconded to Thailand for 3 years from 1998 to 2001 before being posted to the regional Headquarters in Asia in 200

Guido studied electrical engineering at the Universidad Technologica de Buenos Aires in Argentina. Upon graduation, Guido worked at the National Institute of Industrial Technology assisting with research programs in the area of superconductors where he gained considerable hands – on experience in developing and building prototypes. Guido then migrated to Australia where he worked for Telstra in the design and construction of the cable and internet network.

Upon completion of the Telstra project, Guido joined Relectronic – Remech. BELFOR Asia has the capability to recover buildings, production lines and other property, following disaster incidents such as fire, explosion, earthquake, typhoon, wind, flooding, rain, water ingress, chemical spills etc.

The company has maintained the market leader position for disaster recovery in Asia for the past 25 years, and is now handling more than 1,600 industrial disaster incidents per year.