The sustainability-orientation of the Sava Insurance Group is driven by its mission and values.
We are building a customer-centric, modern, digital, community-minded and sustainability-oriented insurance group, recognised by its stakeholders as:
- a socially responsible insurance and reinsurance company, and a socially responsible and trustworthy partner,
- a socially responsible asset and equity manager,
- a responsible and attractive employer and
- an organisation that is socially responsible to the wider community.
Sustainability investment policy of the Sava Insurance Group
The purpose of the “Sustainability investment policy of the Sava Insurance Group” is to govern the Group’s approach to environmental, social and governance (ESG) aspects of the Group’s investments.
The Policy also has the purpose of ensuring that the Group adheres to applicable laws and regulations regarding investments such as the Sustainable Finance Disclosure Regulation and other EU and national regulations.
The Policy states the Group’s commitments to a responsible and sustainable investment practice to the benefit of its customers and society at large.
Sava Insurance Group’s guidelines for responsible underwriting environmental, social and governance risks in non-life insurance business
In January 2022, the Sava Re management board adopted sustainability guidelines for the Group’s non-life portfolio. The purpose of the guidelines is to provide a framework for the responsible underwriting of environmental, social and governance (ESG) risks under non-life insurance policies issued by Sava Insurance Group members.
Remuneration Policy for Members of Management and Supervisory Bodies of Sava Re d.d.
The 38th general meeting of shareholders of Sava Re, held on 23 June 2022, approved the Directors’ Remuneration Report of Sava Re d.d. for the Financial Year 2021 (Directors’ Remuneration Report), whereas the consultation vote on the resolution to approve the Remuneration Policy for Members of Management and Supervisory Bodies of Sava Re d.d. (Directors’ Remuneration Policy) was not carried. Although the Directors’ Remuneration Policy is valid and consistent with the law, it is not fully aligned with the recommendations of the shareholder Slovenian Sovereign Holding, which were published on 16 March 2022. The Company will examine any deviations from the recommendations of this shareholder and will remove them by the next Sava Re annual general meeting.
Edita Rituper Sava Insurance Group Sustainability Coordinator
+386 1 47 50 280
Sustainable development news
18 March 2022
The Sava Insurance Group has decided to help the people of Ukraine as part of its Heart for the World initiative, under which its employees and companies bring to...
19 July 2021
Under its sustainable development strategy for 2020–2022, the Group gradually and systematically incorporates ESG criteria into its decision-making processes...
17 June 2021
This year again the Moje Finance (My Finances) magazine organised a competition for the best performing supplementary pension funds with interest rate...