...Wael Hemrit Purpose This paper aims to examine the combined effects of climate risk and environmental, social, and governance (ESG)-related uncertainty on insurance companies across a panel of 11 countries. Design/methodology/approach This study uses the annual time series data related to 11...

... reveal that sustainability and risk management are similar in their intent purpose and output both aligned towards reducing impacts and managing uncertainty. However even though sustainability has increasingly become integral to business its value contribution and linkage with risk management differ...