A sustainable future for all

The reinsurance industry has an extraordinary opportunity to use its vast resources to drive positive social change. It is an honour to chair the Conduit Foundation and assist in its efforts in ensuring a fairer and more just society for all.

Sir Nicholas Soames

Sir Nicholas Soames conduit foundation - ensuring a fairer and more just society for all

Conduit has pledged to embed ESG principles within every aspect of our business.
With that in mind, we have established the Conduit Foundation, a registered Bermuda charity that will seek to sponsor and support a number of social initiatives. We have received generous founder donations totalling in excess of $250,000 to start the mission to match our own initial investment of $250,000.

We are delighted to have Sir Nicholas Soames serve as independent chair of the Conduit Foundation, which has the following objectives:

  • Prevention or relief of poverty;
  • Advancement of education;
  • Advancement of health or the saving of lives;
  • Advancement of citizenship or community development;
  • Advancement of arts, culture, heritage or science;
  • Advancement of human rights, conflict resolution or reconciliation, or the promotion of religious or racial harmony or equality and diversity;
  • Advancement of environmental protection or improvement, which includes without limitation the legal retirement or destruction of environmental credits;
  • Relief of those in need because of youth, age, ill-health, disability, financial hardship or other disadvantage;
  • Other charitable purposes as the Trustees think fit and which generally fall within the ambit or intention of this definition of Charitable Objects.

Each objective is linked to one or more of the 17 UN Sustainable Development Goals (SDGs), a global framework developed by the UN to promote environmental causes, end extreme poverty and inequality, and ensure good governance across all sectors of society.

neil-eckert-conduit-re-esg

I have always believed passionately that the free market can be a force for good, and our overall goal at Conduit is to maximise overall value in the long term rather than short term profit. I believe that the most valued businesses of the future will be those that adopt the values of responsible capitalism.

Neil Eckert