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, Sustainability and Climate Risk Update, Q2 2026

Replay – PRA SS5/25: Climate Scenario Analysis

Replay – Deloitte Roundtable Session – UK Sustainability Reporting Standards: Climate Risk Disclosure for the London Market

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

IUMI 2026 Rotterdam Conference

Neil Roberts, Head of Marine & Aviation at the LMA and Chair of the IUMI Policy Forum, will be speaking at the IUMI 2026 Conference in Rotterdam on Tuesday 22 September.

International Forum

The LMA invites members to join an International Forum webinar exploring recent and emerging regulatory developments across key overseas jurisdictions relevant to the Lloyd's market.

A Beginner’s Guide to FERN 3: Velonetic’s Central Processing Subscription Agreement (CPSA)