Delta Side D: Cover for investigation costs related to TCFD reporting

For many companies, environmental, social, and governance issues (ESG), and in particular the risks posed by the climate crisis, are at the very top of their agenda. This focus on climate and environmental-related risks has been heightened by the UK government’s introduction of mandatory climate-related financial disclosures for the UK’s largest companies and limited liability partnerships.

Inaccuracies in these disclosures may leave such entities and their directors exposed to the risk of regulatory action by the Financial Conduct Authority or other regulatory bodies. While directors may turn to their directors and officers (D&O) insurance when faced with costly investigations, there has been a gap in coverage available for entities.

For qualifying Marsh clients our new and innovative Side D cover, provided by way of endorsement to our Delta D&O product, will address that gap in the context of investigation costs. Access to cover will be dependent upon an organisation’s ESG score and conditions may apply.

Delta — The new Side D

Our new Side D product is specifically designed to provide investigations costs coverage arising from a climate disclosure-related investigation.

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Delta Side D: Cover for investigation costs related to TCFD reporting

Delta — The new Side D

Key features and benefits

Use of Marsh’s ESG Risk Rating and another appropriate tool to assess an organisation’s ESG risk rating and eligibility for cover.

Investigation costs coverage for climate-related financial disclosures, subject to a sublimit.

Broad coverage, including TCFD and other climate-related disclosures.

Wide definition of investigation costs to include the costs responding to, attending, or being represented at a climate disclosure investigation.

Our people

Karen Cargill

Related insights

Managing risk in digital asset custody partnerships

Building Safety Act 2022: Update including October 2023 enforcements

Delta Side D: Cover for investigation costs related to TCFD reporting

Delta — The new Side D

Key features and benefits

Use of Marsh’s ESG Risk Rating and another appropriate tool to assess an organisation’s ESG risk rating and eligibility for cover.

Investigation costs coverage for climate-related financial disclosures, subject to a sublimit.

Broad coverage, including TCFD and other climate-related disclosures.

Wide definition of investigation costs to include the costs responding to, attending, or being represented at a climate disclosure investigation.

Our people

Karen Cargill

Download the Delta Side D Flyer

Related insights

Managing risk in digital asset custody partnerships

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