LMA - Sustainability Committee

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Sustainability Committee

The Sustainability Committee provides a dedicated forum for senior professionals leading sustainability strategy across Lloyd’s managing agents. Reporting directly to the LMA Board, the committee plays a key role in helping member firms shape and evolve their approach to corporate sustainability.

It supports alignment with global sustainability frameworks, regulatory expectations and industry best practices, while also advancing the market’s collective contribution to the transition toward a more sustainable global economy. Through collaboration and knowledge sharing, the committee ensures the Lloyd’s market remains responsive, responsible and forward-thinking in addressing sustainability priorities.

Committee Terms of Reference

Committee

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Alex Koukoudis

Senior Executive, Finance and Risk

Committee secretary

Katie Lennon

Chair

Verena Schmitz

Deputy Chair

Key issues covered

The Sustainability Committee guides and supports the Lloyd’s market in addressing its evolving role within a sustainable global economy. Its primary areas of focus include:

Transition enablement

Helping the market understand the practical implications of transitioning to a low-carbon economy through learning programs, webinars and expert-led events that explore both risks and opportunities.

Regulatory and market alignment

Monitoring and responding to emerging regulatory requirements, disclosure obligations and industry-wide sustainability initiatives.

Collaboration and best practice sharing

Facilitating knowledge-sharing across the market and working with other LMA committees, including the Climate Risk Working Group and the Environmental and Climate Litigation Committee, to develop cohesive sustainability frameworks.

Engagement with Lloyd’s

Supporting and constructively challenging Lloyd’s in the execution of its sustainability strategy, including involvement in platforms like the Sustainable Markets Initiative (SMI) Insurance Taskforce.

Committee insights

Risk and Sustainability Quarterly Update

Replay – UK Sustainability Reporting Standards & Transition Plan Implementation Routes Consultations

Environmental and Climate Change Litigation newsletter, August 2025

Upcoming events

For events hosted online, joining instructions will be emailed to all registered attendees closer to the date of the event no later than 24 hours prior to commencement.

View more events

California Fair Claims Settlement Practices Regulations Webinar, November

The California Fair Claims Settlement Practices Regulations apply to all insurance practitioners who handle California claims, whether business is admitted or non-admitted or on a surplus lines basis.

Emerging Professionals Claims Community Presents: An Introduction to Cyber Claims

In partnership with the LMA Claims Sector Groups, the Emerging Professionals Claims Community is hosting a series of educational sessions exploring different classes of business. Each session introduces the fundamentals of claims handling and uses real-world examples to illustrate key coverage and liability considerations.

Brazil Insurance Law – Clauses and Guidance for Market Use

This session will build on the Brazilian briefing held earlier this year which introduced the key issues arising from the new insurance law coming into effect in December 2025.