Sustainability
FBD is committed to its sustainability journey and to integrating Environmental,
Social and Governance (ESG) factors into all aspects of its business.
FBD's ESG Direction of Travel
2017-20
The Journey Begins
- D&I
- Carbon Neutral Operations
- GHG - Scope I & Scope II Assessments
- 30% Club
2021
Disclosure
- TCFD
- EU Taxonomy
- Investment portfolio Divestment to achieve ESG target.
- ESG supplier charter
2022
Strategy
- Determine where we can have meaningful impact
- Embed within our business
- Appropriate governance structure & resources
- Baseline, current state & framework assessment completed
2023
Bring to Life
- Scope III baseline assessment
- Consideration of Science Based Targets initiative
- Principles for Sustainable Insurance sign up - integrate and embed into our business model and decision making
- Enhance metrics and targets
2024+
Advocacy
- Expand our targets and activity to support our customers in their sustainability journey
- Consideration of Science Based Targets initiative
- Corporate Sustainability Reporting Directive
Deliver on our ESG Journey
UN PSIs will guide our ESG Strategy and be delivered by our business through our clearly defined pillars.
UN Priciples for Sustainable Insurance
Principle 1: We will embed in our decision-making
Principle 2: Work together with our clients and business partners to raise awareness
Principle 3: Work with key stakeholders to promote widespread action
Principle 4: Disclose publicly our progress in implementing the Principles
UN Sustainability Development Goals
For over 50 years FBD has been invested in agriculture, farming and rural life generally. We believe farms, businesses, consumers and wider society feel real economic and social benefits as a result of our business activities. As an organisation that plans for the future, we are mindful of our impact on Society, the Environment, and the Communities in which we operate. FBD has aligned its Environmental, Social and Governance (ESG) initiatives to the UN 17 point Sustainable Development Goal (SDG) Charter to assist it focus and influence on improving the lives of our customers and wider Irish society.
Click on the relevant SDG below to see what initiatives FBD pursue in this category:
GOAL 3: GOOD HEALTH AND WELL-BEING
Ensuring healthy lives and promoting the well-being for all at all ages is essential to sustainable development. Learn more.
GOAL 4: QUALITY EDUCATION
Obtaining a quality education is the foundation to improving people’s lives and sustainable development. Learn more.
GOAL 5: GENDER EQUALITY
Gender equality is not only a fundamental human right, but a necessary foundation for a peaceful, prosperous and sustainable world. Learn more.
GOAL 8: DECENT WORK AND ECONOMIC GROWTH
Sustainable economic growth will require societies to create the conditions that allow people to have quality jobs. Learn more.
GOAL 9: INDUSTRY, INNOVATION, AND INFRASTRUCTURE
Investments in infrastructure are crucial to achieving sustainable development. Learn more.
GOAL 12: RESPONSIBLE CONSUMPTION AND PRODUCTION
Responsible Production and Consumption Learn more.
GOAL 13: CLIMATE ACTION
Climate change is a global challenge that affects everyone, everywhere. Learn more.
GOAL 17: PARTNERSHIPS
Revitalize the global partnership for sustainable development. Learn more.
