ESG

Our Environmental, Social, and Governance (ESG) Initiatives

Committed to Doing What’s Right—For Everyone.

ESG

In 2023, we adopted a new Corporate Value to reduce our environmental impact. As a result, we have established three pillars in our Environmental & Social & Governance (ESG) strategy as outlined below. Our goal as an organization is to be a beneficial trading partner for our carriers, brokers, and insureds who we serve. When our counterparties look at their own impact and that of their trading partners, we want to help them lower their impact – not add to it. We are proud of the work we have accomplished thus far to track our carbon emissions to scope-2, and aim to be a carbon neutral organization by 2030. We have also invested in education opportunities to train our own team to develop a deeper understanding of our ESG practices, embracing a true culture shift in our organization.

Environmental

SPG Canada is committed to managing environmental risks like natural disasters and climate change impacts while supporting sustainable practices across insured assets and operations.

Social

SPG Canada advocates for diversity and inclusion, prioritizes employee well-being, engages with communities, maintains ethical labor standards, and supports philanthropic initiatives.

Governance

We ensure regulatory compliance, transparency, robust internal controls, and accountability at all levels. Our dedication to strong governance underscores our trustworthiness and integrity in serving clients and communities.

Reducing carbon footprint

We have begun to expand our carbon emissions tracking to scope-3, following which we will develop reduction strategies with an aim to be carbon neutral by 2030, or sooner We are proud that both our Vancouver and Toronto offices are already carbon neutral.

Reducing carbon/Waste impact of insured property losses

We are working with EcoClaim to divert waste materials from property losses away from the waste stream into recycling and reuse. We are proud to be the first fully certified MGA organization with EcoClaim.

Reference EcoClaim (https://ecoclaim.ca/) for consulting help and information, also insurance industry scope-3

Reducing the impacts of climate change and increasing the resilience of canadian communities

Achieved by supporting The Nature Force, a partnership between Ducks Unlimited and the Insurance industry. We are committed donors, and the first MGA partners, of The Nature Force and will also look to donate employee-time through volunteering to support projects that restore wetlands and protect our communities as opportunities arise.

Reference Ducks Unlimited, The Nature Force (https://www.thenatureforce.com/)

Creating an open and inclusive culture of sustainability and respect are our key objectives. We invest significantly in our people and their work life by creating and maintaining a safe and healthy work environment and ensuring their ongoing professional and personal development.

Providing a safe and engaging place to work:

We are continually striving to ensure SPG Canada is a great place to work, where our people demonstrate our shared values in everything they do, where their contributions are welcomed and recognized, and where they can be their authentic selves.

Health and Wellbeing:

SPG Canada is committed to upholding the health and wellbeing of our people through curated benefit products, employee assistance program and regular social events. We value work life balance and know that disconnection from work outside of office hours is essential to recharge the body, mind, and spirit.

Continuous Learning:

We support the growth and development of our people through educational and professional opportunities. Our in-house subject matter experts are regular speakers at industry webinars and conferences, providing a resource for growth and development of others in our industry and community.

Diversity, Equity, and Inclusion:

SPG Canada upholds the principles of diversity, equity, and inclusion in all aspects of our organization. We believe we are stronger when we not only celebrate our many differences, values, and voices, but include them in practice. This means our organization actively works to understand and remove barriers to equity and inclusion, be they systemic, physical, or otherwise. In addition, we are committed to ongoing learning and development in the areas of diversity, equity, and inclusion so that we can apply an “equity lens” in all areas of our business.

At SPGC, we have a number of policies and practices in place that addresses our commitment to Governance. This includes, but is not limited to some of the following examples:

  • Fair Treatment of Customers policy
  • Regular internal auditing practices
  • Corporate policies to ensure ethical business and labour practices are upheld
  • Cyber and data security policy