European insurers see environmental, social and governance (ESG) issues as an area of strategic focus, and expect them to have a moderately adverse impact on underwriting risk.

In this video, Swami Venkataraman, a Senior Vice President on the Project and Infrastructure Finance team, addresses the significant risks and opportunities for the electric utilities sector posed by global decarbonization efforts and the rise of renewable energy generation.

Sector faces significant policy risk given its substantial coal dependence, but utilities' ability to set their own rates can help mitigate impact of shift to low-carbon grid.

We recognize that environmental, social and governance considerations are becoming increasing important considerations for investors. Read how we integrate these issues into our ratings.