Chaucer, the international specialty re/insurance group with a presence in Bermuda, has promoted Simon Tighe to become its group head of ESG (environmental, social and governance).

That is in addition to his role as group head of investments and treasury within the firm.

The company said Mr Tighe has been instrumental in driving Chaucer’s ESG sustainability strategy, which is committed to embedding ESG into the decision-making process.

He has played a crucial role in the development of Chaucer’s major ESG initiative, which it developed in partnership with Moody’s.

The ESG Balanced Scorecard enables businesses to measure their ESG performance, across up to 158 distinct metrics, enabling them to evaluate business risks and opportunities.

Mr Tighe said: “I’m looking forward to continuing and building upon Chaucer’s ESG achievements to date. Being a genuine force for good is at the heart of our approach to ESG.

“I’m excited to lead the tangible impact we can make in the way that our clients and counterparties manage and mitigate their ESG risk.”