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The construction industry is adapting to a variety of stresses and pressures and working to increase resilience and sustainability in a changing climate. Host and Aon’s Chief Commercial Officer of Global Construction and Infrastructure, Tariq Taherbhai, is joined by Aon’s Global Industry Specialty Leader, Construction and Infrastructure, James MacNeal, to discuss today's global construction industry. [2:02] A high-level overview of today’s global construction industry[4:22] Key renewable energy and energy transition construction projects[7:46] Addressing inflation, workforce shortages and geopolitical factors[10:55] Diversification of risk capital as an essential component in construction projects[14:30] The role of the risk capital market in addressing client needsNote: This episode was recorded on March 21st. The Baltimore Bridge incident is not included in the discussion.Additional Resources:Aon’s websiteAon’s Global Risk Management SurveyAon’s Global Construction and InfrastructureInflation Reduction Act of 2022Chips and Science Act of 2022Infrastructure Investment and Jobs Act of 2021Tweetables:“Crucially, [clients] are now asking the question, ‘What else do I need to do in the design construction operation of this asset to make it more resilient in the face of this changing climate?’.” — James MacNeal“The failure to attract and retain talent and workforce shortages are featured in the top six concerns of our industry clients.” — James MacNeal“It’s really important that construction clients and their brokers increasingly explore other options for risk transfer.  You can’t just rely on the traditional construction market anymore.” — James MacNeal

Around the world, governments are introducing regulations to ensure fair payment for every employee. But the transition from basic regulatory compliance to sustainable pay transparency solutions remains a challenge. Host and Aon’s Head of Talent Solutions, North America, Brooke Green, welcomes Aon’s Head of Rewards and Career Advisory, North America, Kelly Voss, for a conversation about advancing pay equity and transparency. [2:42] Terms and concepts surrounding pay transparency[4:52] Historical events that shaped pay expectations[9:37] Transitioning from compliance to a culture of transparency[11:12] Three prongs of an effective pay transparency culture[14:35] First steps to lasting changeAdditional Resources:Aon’s websitePay Transparency ConsultingPay Equity ConsultingUnderstanding and Preparing for the Rise in Pay TransparencyFive Big Human Resources Trends to Watch in 2024Webinar: The Five Top HR Trends to Watch for in 2024Mastering Pay Transparency to Bridge the Gender Wage DivideTweetables:“This is not about compliance. It’s about the workforce and who our workforce and future is, and it’s about talent.” — Kelly Voss“As an organization, decide which of these foundational pieces you’re going to start with because there isn’t one right answer for every organization.” — Kelly Voss“If you start to think about this and plan accordingly, we’ll all be in good shape. It’s just a matter of taking that first step.” — Kelly Voss

Resilience and growth are dependent on business leaders taking action to respond to pressing global challenges and opportunities. In this episode, Aon’s Laura Wanlass, partner, Human Capital Solutions, is joined by Leslie Follmer, head of Investor Relations and ESG, for a look at Aon’s 2023 Impact Report. [1:40] What ESG means to Aon’s 3x3 Plan[3:42] Three key takeaways from this year’s report[5:31] Insights into Aon’s Sustainability Network[6:24] Examples of environmental sustainability grantsAdditional Resources:Aon’s websiteAon's 2023 Impact ReportInsurance Insider: Aon’s 3x3 plan positions firm to deliver a 'big set of answers' to clientsOn Aon Insights: What Does ‘ESG’ Really Mean?Ep 49: On Aon's ESG Impact with Leslie FollmerAon’s 2022 ESG Impact ReportSpecial Edition: Aon CEO Greg Case on 2024 and Evolving to Serve ClientsTweetables:“When you think about what’s in ESG, those risks match right up against risk capital and human capital.” — Leslie Follmer“We really do have core capabilities here to help our clients think about ESG risks in ways that help them make better decisions.” — Leslie Follmer“Aon colleagues are joining together with the support of these environmental sustainability grants to drive local impact on environmental causes.” — Leslie Follmer

Navigating the broad landscape of climate-related investment risks and opportunities has never been more critical. For a discussion on decarbonization, responsible investing and tactics for greater resilience, host and Aon’s Partner, Non-Profit Solutions Leader, Chair of U.S. Investment Committee, Heather Myers, welcomes Daniel Ingram, partner, head of Responsible Investment, North America, and Tim Manuel, partner, head of Responsible Investment, UK.  [1:44] Key questions that define the meaning of decarbonizing for investors[5:40] Identifying the motivation behind the steps needed in decarbonizing efforts[10:54] Various investor approaches to decarbonizing[15:37] Action and integration flow from the motivational belief that change is possible[19:22] First steps to building a climate-resilient investment portfolioAdditional Resources:Aon’s websiteHow is Climate Change Affecting the Investment Landscape?Aon’s Environmental Social and Governance (ESG) Manager Ratings: 3 Questions with Daniel IngramImpact Investing is Hard: Here’s How to do it WellResponsible InvestingAon’s Impact ReportTweetables:“As a globally diversified investor, your portfolio will look like, to some degree, the global economy.” — Tim Manuel“For investors that want to maintain diversification, their own decarbonization goals and whether they will meet those goals, are inextricably linked to the decarbonization process in the wider economy.” — Tim Manuel“Investors can’t decarbonize in a vacuum.” — Tim Manuel“Investors really need some help determining what, if anything, decarbonizing means for them, what actions they might want to take, if any, and why.” — Daniel Ingram“Trying to understand what’s motivating your investors is really part of determining what decarbonizing means for you.” — Daniel Ingram“No one person is going to solve climate change.  It requires everyone to do their part globally.” — Daniel Ingram© 2024 Aon plc. All rights reserved.The opinions referenced are as of the date of publication and are subject to change due to changes in the market or economic conditions and may not necessarily come to pass. Information contained herein is for informational purposes only and should not be considered investment advice. Investment advice and consulting services provided by Aon Investments USA Inc. (Aon Investments). The information contained herein is given as of the date hereof and does not purport to give information as of any other date. The delivery at any time shall not, under any circumstances, create any implication that there has been a change in the information set forth herein since the date hereof or any obligation to update or provide amendments hereto.This document is not intended to provide, and shall not be relied upon for, accounting, legal or tax advice or investment recommendations. Any accounting, legal, or taxation position described in this presentation is a general statement and shall only be used as a guide. It does not constitute accounting, legal, and tax advice and is based on Aon Investments’ understanding of current laws and interpretation.Diversification does not ensure a profit nor does it protect against loss of principal. Diversification among investment options and asset classes may help to reduce overall volatility.This document is intended for general information purposes only and should not be construed as advice or opinions on any specific facts or circumstances. The comments in this summary are based upon Aon Investments’ preliminary analysis of publicly available information. The content of this document is made available on an “as is” basis, without warranty of any kind. Aon Investments disclaims any legal liability to any person or organization for loss or damage caused by or resulting from any reliance placed on that content. Aon Investments reserves all rights to the content of this document. No part of this document may be reproduced, stored, or transmitted by any means without the express written consent of Aon Investments.Aon Investments USA Inc. is a federally registered investment advisor with the U.S. Securities and Exchange Commission. Aon Investments USA Inc. is also registered with the Commodity Futures Trading Commission as a commodity pool operator and a commodity trading advisor and is a member of the National Futures Association. The Aon Investments USA Inc. ADV Form Part 2A disclosure statement is available upon written request to:Aon Investments USA Inc.  200 E. Randolph Street Suite 700 Chicago, IL 60601 ATTN: Aon Investments Compliance

Aon’s 2024 Climate and Catastrophe Insight Report analyzes the financial and human impacts of last year’s weather and natural disasters. Host and Aon’s Chief Marketing Officer, Reinsurance Solutions, Alexandra Lewis, invites Michal Lörinc, head of Catastrophe Insight, to  share his knowledge on 2023’s natural catastrophes and the strategies needed to support those impacted.[1:02] Statistics on the impacts of 2023 damage compared to previous years[4:17] A definition and explanation of the increasing protection gap[9:21] Recommendations for resilience tactics in response to catastrophic weather trends[10:10] Practical measurements to mitigate rising perils such as heatwaves[12:31] Key findings of Aon’s 2024 Climate and Catastrophe InsightAdditional Resources:Aon’s websiteAon’s 2024 Climate and Catastrophe InsightOn Aon Episode 47: On Aon's Insights on Navigating and Preparing for Catastrophes with Michal Lörinc and Dominic ProbynTweetables:“I’ve talked about financial drivers of disasters, but we can’t forget about the human impact.” — Michal Lörinc“Considering human fatalities, 2023 was the deadliest since 2010.” — Michal Lörinc“The main reason that losses are increasing over time is the growth of exposure in population growth in vulnerable areas.” — Michal Lörinc

In this special episode of the “On Aon” podcast, host Andy Weitz, Aon’s Chief Marketing Officer, welcomes Aon CEO Greg Case for a conversation about what 2024 holds for our colleagues and clients. They also discuss insights into the critical themes of Risk Capital and Human Capital and how Aon’s 3x3 Plan will drive the firm’s commitment to go further, faster over the next three years.[1:44] Megatrends in 2024 across trade, technology, weather and workforce[6:36] Further evolving as firm to serve client need[9:12] Aon’s 3x3 Plan to go further, faster on the firm’s Aon United strategy[11:55] Investing in Aon Business Services to drive greater relevance with clients[16:31] Developing new products to help better serve clients[18:45] Serving the middle market with more capabilityAdditional Resources:Aon’s websiteAon Further Accelerates Aon United StrategyInsurance Insider: Aon’s 3x3 plan positions firm to deliver a 'big set of answers' to clientsInsurance Insider: Taking Aon and making it... even more AonInsurance Insider: Aon United acceleration project ‘fundamentally different’ to earlier effortsAon’s Property Risk AnalyzerAon To Acquire NFP, A Leading Middle-Market Provider Of Risk, Benefits, Wealth And Retirement Plan Advisory SolutionsAon’s ​​Cyber Quotient (CyQu) EvaluationAon Expands Climate Risk Advisory Across Risk Capital To Serve Clients With More Integrated SolutionsAon Insights: Delivering an Integrated Business and People Strategy for the Future of InsuranceOn Aon Episode 48: On Aon's Game Plan for Switching from Defense to Offense in Managing Risk with Greg CaseTweetables:“No question our world is more volatile in every respect and that volatility is driven by a series of transitions across trade, technology, weather and workforce…which have changed the stakes in the battle for relevant with clients.” - Greg Case “Clients are looking for a set of trusted advisors who can help them rethink how they take a more holistic view towards Risk Capital...They also want an advisor who can deliver integrated solutions that consider the connection between traditional health & benefits, employee retirement planning and broad-based talent strategies – it's really one issue, it’s how you optimize your Human Capital.“ - Greg Case “For Aon, this means creating innovative new solutions that address these emerging risk and people challenges, accelerating the use of predictive analytics to deliver new insights and unlock access to new forms of capital and focusing on the growing demand for integrated solutions that tackle risk and people challenges together.” - Greg Case “Our Aon United strategy has helped us keep pace with [client] expectations, but the reality is we need to go further, faster – which is the rationale for the 3x3 Plan we rolled out last year.” - Greg Case  “Bringing together Reinsurance and Commercial Risk data and analytics we are creating a new suite of tools, starting with our Property Risk Analyzer, that deliver insights to clients in real time related to their risk profile, which will allow them to better interact with markets, assess their position and take action.” - Greg Case “When we look at the opportunity with NFP, it’s not about building something bigger – it's about building something better.” - Greg Case “The investment in Aon Business Services through our 3x3 Plan is helping our firm realize the opportunity to innovate on behalf of clients to create very specific product offerings for the middle market.” - Greg Case “If you think about one of our future colleagues at NFP, they will have the chance to do exactly what they’re doing today, but with more capability to bring to their clients.” - Greg Case

The 2023 Aon Global Risk Management Survey (GRMS) asked nearly 3,000 business leaders around the world about their approach toward risk, as well as the steps they are taking to manage them. Host and Aon’s Chief Executive Officer, Commercial Risk, Joe Peiser, welcomes Lambros Lambrou, chief executive officer, Human Capital, for a discussion on the survey results and the rising risk of human capital, climate, cyber risk and AI. [:21] Characteristics, key topics and demographics of the GRMS[1:09] Challenges around attracting and retaining talent[4:04] Quantifying the risks of attracting and retaining talent[6:20] The impacts of climate as a key consideration in risk mitigation plans[8:35] Insights into the severity of cyber threats to an organization[10:12] Current and future risks and concerns of AIAdditional Resources:Aon’s websiteAon’s Global Risk Management SurveyFortune: AI was not even in the top 20 business risks in a ‘shocking’ survey of nearly 3,000 corporate leadersInside P&C: Cyber risk, BI remain top risks for carriers: AonTweetables:“These results provide key insights into the business leader’s mind and the steps they are taking to manage them.” — Joe Peiser“Human capital issues are no longer just a people problem.” — Joe Peiser“Human capital issues are a key business risk that can hamper innovation and business development.” — Lambros Lambrou“Most CEOs now have talent strategies as one of their top priorities today.” — Lambros Lambrou“We expect human capital to increase in ranking in future surveys.” — Lambros Lambrou“More than ever, there is greater awareness around the connectivity between an organization’s risk and people strategy and the implications that they can impact business performance.” — Lambros Lambrou“There is still a significant gap between risk awareness and risk preparedness.” — Lambros Lambrou

The renewables industry is an evolving and dynamic sector — and the insurance sector plays a key role in mitigating risk and unlocking capital. Host and Aon’s Global Head of Climate Strategy, Richard Dudley, is joined by Global Head Renewable Energy, Guido Benz, and Renewable Energy Leader, EMEA, Mark Potter, for a discussion on the forces shaping the renewables industry. [3:41] Advice for starting a career in the reinsurance industry[4:56] Key challenges when investing in renewables[10:21] What the next big trend in regulation is[13:05] Which sectors are succeeding[16:17] What’s next for the industry[20:31] Aon’s efforts to drive growth and development in renewablesAdditional Resources:Aon’s websiteWith an Industry Focus, ESG Risks and Opportunities Can Vary GreatlyBuilding a Resilient Workforce That Steers Organizational Success | An Outlook Across IndustriesCutting Supply Chains: How to Achieve More Reward with Less Risk Reducing Finance Risks in a Fast-Moving Wind Energy MarketTweetables:“All of these aspects drive volatility and create challenges to the sector as well as opportunities.” — Guido Benz“We’re at a transition point where that needs to be reassessed again… to make sure that we meet the goals that we’re setting for ourselves.” — Mark Potter“There’s a lot of things to factor in for developers and a lot of types of risk and exposures that they’re managing.” — Mark Potter“Government bodies have a key role to play to really help facilitate this transition.” — Guido Benz“The business case around renewables is still very, very strong.” — Mark Potter

The sharp rise in interest in weight loss medications presents both solutions and challenges for leaders in the healthcare space. Host and Aon’s Senior Vice President, National Pharmacy Practice Leader, Tracy Spencer, is joined by Michael Manolakis, Aon’s senior vice president, clinical innovation leader, National Pharmacy Practice, for a look at the current and future state of pharmacy challenges faced by plan sponsors in relation to the treatments, known as GLP-1s.[2:10] Distinguishing characteristics and challenges of GLP-1s[7:18] Balancing the fairness of coverage with the inappropriate utilization of drugs[11:30] Quality control and safety concerns in light of demands[18:05] ROI considerations for long term investment gains[19:26] Holistic fairness and equity of coverage in these patient support elements[26:15] A high level summary of considerations for employersAdditional Resources:Aon’s websiteAon’s Pharmacy Solutions LinkedInAon’s Pharmacy Benefit Consulting Aon’s Rx CoalitionTweetables:“Employers, over the course of last year, have been wrestling with and raising some very challenging questions about how to manage these drugs.” — Michael Manolakis“The impact of unofficial celebrity endorsements via social media has been astonishing.” — Michael Manolakis“These are really challenging questions here about how we treat obesity and how we think about obesity in comparison to other disease states.” — Michael Manolakis“Employers need to be thinking about cost, the prevalence of the condition, and fairness from a cost management perspective.” — Michael Manolakis

While climate risk is an ongoing concern for organizations and individuals, the impact of biodiversity is often missing from the conversation. In this episode, host and chief marketing officer, Reinsurance Solutions, Alexandra Lewis, is joined by UK Investment Partner at Aon, Jennifer O’Neill, for insights into the critical role that biodiversity plays in planning for the future. [1:02] The critical role of biodiversity in planning for the future[2:35] Institutional investment as a key strategy to protect biodiversity[3:35] Complexities presented in measuring the success of investments[5:00] An action list for institutions to prioritize biodiversity in investment[6:05] A recap of biodiversity, climate and institutional investmentsAdditional Resources:Aon’s websiteTackling Climate Change by Investing in BiodiversityClimate Change and the Threat to Water SecurityA Guide to Preparing for Greater Climate Disclosure in 2023Using Parametric Insurance to Match Capital to Climate RiskOn Aon Insights Season 2, Episode 1: What Does “ESG” Really Mean?On Aon Insights Season 2, Episode 2: Climate Science Through Academic CollaborationOn Aon Insights Season 2, Episode 3: Climate and Supply ChainOn Aon Insights Season 2, Episode 4: The Role of Insurance in Climate PlansTweetables:“Thinking about ways that capital allocation decisions and decisions about where to invest and specifically what to invest in, and really understanding how that then has an impact, both from a climate perspective and also from a biodiversity perspective is really key.” — Jennifer O’Neill“Investors need to be thinking about this now so that they’re not left behind.” — Jennifer O’Neill“We are really talking at a pivotal time for making decisions today rather than deferring those decisions for the future and looking to park those until such time as we have perfect data.” — Jennifer O’Neill“It's important that investors really think about this now and begin to understand not only what they can do, but also what their current position is so that they can determine what actions might look like for them.” — Jennifer O’Neill

Companies around the world are already seeing the benefits of increasing their focus on mental health and wellbeing in the workplace. But macro-level momentum surrounding wellbeing still has a long way to go. In the sixth episode of our Better Being series, host and Aon’s Chief Wellbeing Officer, Rachel Fellowes, is joined by Managing Director of the World Wellbeing Movement, Sarah Cunningham, to discuss why it’s so important that wellbeing strategies and company culture need to align, the wellbeing workplace paradox and the work of the World Wellbeing Movement.[6:55] The purpose and vision of the World Wellbeing Movement[11:44] The importance of measuring four key dimensions of employee wellbeing[16:12] Combating the workplace wellbeing paradox [21:28] Evidence that wellbeing has a positive impact on company performance[25:46] Increasing the momentum surrounding wellbeing[30:55] The potential future impact of the World Wellbeing MovementAdditional Resources:Aon’s websiteAon’s 2022-2023 Global Wellbeing SurveyOn Aon’s Better Being Series - Part 3: Measuring Wellbeing with Rachel Fellowes and Nic MarksSarah Cunningham’s LinkedInWorking on Wellbeing PodcastWorld Wellbeing MovementWorld Wellbeing Movement on LinkedInTweetables:“I observed over a 25-year career that the world of work was becoming a more stressful place at a macro-level.” — Sarah Cunningham“If I could make one single change tomorrow, it would be that employers measure not only how employees are feeling using comparable science-based metrics but also measure why people feel the way they do.” — Sarah Cunningham“You cannot treat wellbeing in isolation. Your wellbeing benefits have to be aligned with your company culture.” — Sarah Cunningham

The changing climate creates both significant risks and exciting opportunities for Aon clients. In this special edition of On Aon, Aon President Eric Andersen joins host and Aon’s Global Head of Policy and Public Affairs, Bridget Gainer, to discuss the opportunities for progress at the COP28 Conference and how Aon is helping clients mitigate climate risk. [2:08] Two major areas of climate risks and opportunities for clients[4:45] Motivators behind developing risk capital innovation at Aon[5:21] Aon’s strategy for employing technology while addressing climate[7:15] Key differences of today’s risks from past challenges[15:08] Strategies for supporting clients in transition[16:42] Aon’s vision of success following COP28Additional Resources:Aon’s websiteAbout COP28 ConferenceAon At COP28: What To ExpectAon: Climate Change and SustainabilityOn Aon Insights: The Role of Insurance in Climate PlansOn Aon Insights: Climate and Supply ChainTweetables:“The innovation that is happening within our own industry is pretty significant and is really going to put our own clients in a better position.” — Eric Andersen“We first have to start with the resilience aspect and protect against the physical risk change.” — Eric Andersen“We need to build confidence in our industry and the role that we can play in dealing with the resilience issues of today.” — Eric Andersen

Insurance plays an integral role in creating climate resilience and while new technologies may be critical for the future, they may represent new risks. Advanced planning for the likelihood of natural disasters and other events can help organizations weather the storms. In this episode, host and chief marketing officer, Reinsurance Solutions, Alexandra Lewis, is joined by North America leader for Aon’s Climate team, Natalia Moudrak, for insights into the role of insurance in creating climate resilience. [1:01] How insurance plays a critical role in addressing the challenges of climate [2:09] The role of Aon’s Energy Transition Group [2:50] Strategies  to prepare for developing technologies  [4:28] Why reducing carbon dioxide emissions is an important tool that must be used with caution [6:42] Tactics to help organizations better prepare for future climate risks [8:10] A recap of climate risk, insurance, and resilienceAdditional Resources:Decarbonizing Your Business: Finding the Right Insurance and StrategyMaking Better Decisions on the Journey to Net-ZeroCatastrophes and Coverage: What 2022 Can Teach Us About Climate RiskOn Aon Insights Season 2, Episode 1: What Does “ESG” Really Mean?On Aon Insights Season 2, Episode 2: Climate Science Through Academic CollaborationOn Aon Insights Season 2, Episode 3: Climate and Supply ChainAon’s websiteTweetables:“The toll from natural disasters is not just economical, it's social and environmental. The insurance industry is on the forefront of this challenge and has been for decades.”  — Natalia Moudrak“It is so important to think of ways where we can combine risk engineering and finance acumen and also work collaboratively across public and private sectors to optimize risk transfer and project financing solutions.” — Natalia Moudrak“For companies to grow and scale and to attract the financing to do so, it's so important to understand and to convey to potential investors the dollars and cents value of their IP assets.” — Natalia Moudrak“It's important to recognize that climate change is real, it's happening and it's not going to go away as a function of time.” — Natalia Moudrak“To limit the negative impacts of climate change, clients need to think about what they can do today to better prepare and withstand the impacts of extreme weather events.” — Natalia Moudrak

HR leaders are considering how new and emerging capabilities, like AI, will transform benefits, personalization, and access to care and treatment. Host and Aon’s Senior Vice President, Healthcare Industry Vertical, Sheena Singh, is joined by Aon’s Global Analytics and Actuarial Leader, Health Solutions, Doug Melton, for a discussion on the impact of technology on the future of health and benefits.[1:44] Three facets of Doug’s passion for optimizing employee health[3:28] Defining new technologies and their impact on healthcare[6:48] Key differences between new technology and traditional analytic approaches[8:53] The value of healthcare technology advancements for employers[11:50] Aon’s collaborative strategies for utilizing these technologies to support clients[13:51] Ensuring data security while maximizing technology benefitsAdditional Resources:Aon’s websiteHow Technology Will Transform Employee Benefits in the Next Five Years How Data and Analytics Can Optimize HR ProgramsFour Ways to Increase the ROI of Your Benefits Strategy With TechnologyTweetables:“The new technologies matter for the employer because they should make the employee experience better.” — Doug Melton“Aon is helping our clients' employees with innovative solutions depending on what their needs are.” — Doug Melton“We’re tackling this new learning together and applying it to other clients who have the same situation.” — Doug Melton“[Data security] is a top priority and area of focus for us at all times.” — Doug Melton

Climate is a major risk amplifier for supply chains and building resilience into the supply chain should be a priority now and in the future. On this episode of the On Aon Insights podcast, host and Aon’s Chief Marketing Officer, Reinsurance Solutions, Alexandra Lewis, is joined by Aon’s Global Head of Climate Risk Consulting, William Bruce. They discuss how supply chains and climate risk are increasingly linked together and what strategies can be used to make supply chains more resilient in the face of climate risk.[1:00] The intersection of climate risk and supply chains[2:39] The need for organization changes when considering climate risk[3:55] Why resilience is key to success in all aspects of the supply chain[5:33] Steps to identify and increase supply chain resilience[6:15] Strengthen supply chains by including climate as a key factor[6:54] A recap of climate risk and supply chain strategiesAdditional Resources:El Niño and the Storm Brewing in Supply ChainsThe Climate Crisis is Driving Supply Chains to AdaptESG Data: How Businesses Can Use Data to Gain an EdgeOn Aon Insights Season 2, Episode 1: What Does “ESG” Really Mean?On Aon Insights Season 2, Episode 2: Climate Science Through Academic CollaborationAon’s websiteTweetables:“Climate, when we think about it from a physical risk and from a transition risk perspective and all the other considerations, whether it's reputation or legal liability or anything like that, is an ever-evolving constant.” — William Bruce“We're never going to fully fix [climate] and it's always going to evolve and it's always going to change.” — William Bruce“Climate is a factor that is going to decrease and it's going to increase some of the existing risks that have already been identified.” — William Bruce“Assessing a supply chain’s exposure is the first step in building resilience.” — William Bruce

While companies around the world increase their focus on mental health in the workplace, the stigma surrounding mental health continues to challenge leaders and employees alike. In the fifth episode of our Better Being series, host and Aon’s Chief Wellbeing Officer, Rachel Fellowes, is joined by mental health consultant and founder of Breaking the Silence, David Beeney, for a conversation about mental health and why creating a kinder work culture is so important.[3:04] David’s personal experience with mental health and his focus on helping employers create a kinder workplace[6:04] David’s unique perspective on his career and mission[7:21] Defining and overcoming the stigma around mental health in the workplace[15:24] Practical tips for engaging with greater kindness[22:22] Gender role statistics and stigmas[25:47] A five year look at the future of wellbeing in the workplace[27:24] David’s key takeaways and advice for improving workplace kindnessAdditional Resources:This epsiode contains sensitive topics surrounding mental health, resources are available below.Aon’s websiteAon’s 2022-2023 Global Wellbeing SurveyRachel Fellowes LinkedInBetter Up Mental Health BlogDavid Beeney ResourcesBreaking The Silence WebsiteLinkedInUK Mental Health Support/ContactsSamaritans.orgThe Calm ZoneMind.orgTommy’sChild Bereavement UKUS Mental Health Support/ContactsMental Health First AidChildhood Bereavement USTweetables:“My life changed for the better when I first outed myself about my mental health.” — David Beeney“We don’t know how to talk about mental health without fear.” — David Beeney“Unless you create a kind culture in the workplace, you will never optimize performance from your people.” — David Beeney“When you create a kinder culture at work, your best people are less likely to leave.” — David Beeney“The language we use around the workplace is very important in creating a kinder culture.” — David Beeney“If you don’t create a culture where people feel safe to put their hand up and say ‘I need help,’ all this effort will go to waste.” — David Beeney“Where we share vulnerability, we inspire people.” — David Beeney

Amid the volatility of climate risk, research with academic institutions may help provide better data and clearer pictures for organizations looking to understand their exposure. On this episode of the On Aon Insights podcast, host and Aon’s chief marketing officer, Reinsurance Solutions, Alexandra Lewis, is joined by Aon’s global head of Climate Risk Advisory, Liz Henderson, for a discussion on the value of collaborating with academic institutions to further our understanding of the impact of climate on how we live and work. [1:00] The value of partnering with academic institutions when improving climate risks[3:07] Insights into the increasing losses associated with climate change[4:48] Crafting a robust data prediction program[6:20] Strategies that use the knowledge gained from academic research partnerships[8:06] A summary of climate risk insights and strategiesAdditional Resources:Decarbonizing Your BusinessEl Nino and the Storm Brewing in Supply ChainsOn Aon Insights Season 2, Episode 1: What Does “ESG” Really Mean?Aon’s websiteTweetables:“We're trying to help our clients understand when you're doing forecasting in this active area of research, that there isn't really one right answer.”  — Liz Henderson“You have to have an end-to-end kind of risk program that helps you understand the data going into the different models, the methodologies that they take, the data that's coming out, and the sources of volatility that the models don't account for at all.” — Liz Henderson“Over time, the tools we have will get much better and much more refined, to predict that kind of medium and long-term planning.”  — Liz Henderson“What does the climate risk program actually need to look like to account for all of that uncertainty that's there?” — Liz Henderson

ESG has become a top business priority in recent years, but fully understanding it in today’s volatile world is a complicated task. The second season of the “On Aon Insights” podcast series explores the world of climate and ESG (Environmental, Social and Governance) issues. In this episode, host and Aon’s chief marketing officer, Reinsurance Solutions, Alexandra Lewis, is joined by Aon’s head of ESG and Human Sustainability, Laura Wanlass, for a discussion on how to better understand the role of ESG in company decision-making.[1:20] The complicated task of defining ESG[2:12] The three elements that make up ESG[3:14] Maintaining a focus on ESG in a volatile market[4:38] Responding to political pushback and stakeholder expectationsAdditional Resources:Aon’s websiteEpisode 49: On Aon's ESG Impact with Leslie FollmerESG Data: How Businesses Can Use Data to Gain an EdgeTweetables:“Oftentimes instead of saying, ‘What is environmental and social governance and what does it mean to the company?’ it's more like, what's material to your company and to your stakeholders?” — Laura Wanlass“You have to really sit back and look at who you are as a company, what industries or markets do you operate within to set your strategy and to know what you want to do on the risk side and the opportunity side of ESG.” — Laura Wanlass“But on the governance side, I would say, especially if you're public, there's some pretty universal things that are expected in terms of board governance.” — Laura Wanlass“Employees really care [about ESG], and that's not going to go away.” — Laura Wanlass

Current workplace trends have put intense pressure on managers to engage and retain high-caliber talent while navigating constant change. This week’s host and Director of Communications for Aon Business Services, David Allard, is joined by Partner and Aon’s Head of Assessments in the UK, Talent Solutions, Charlotte Schaller, for a look into training and reskilling managers so that they are prepared to meet the rapidly evolving demands of the workplace. [1:57] Recent trends and events impacting the training and reskilling of managers[4:38] Evolving demands for training in technology, diversity and hybrid work[6:28] Tactics for forward-thinking management training exercises[11:06] Building a culture of learning within an organization[13:28] Charlotte’s approach to wellbeingAdditional Resources:Aon’s websiteAon Insights: How AI Will Impact Human Capital in the Technology, Media and Communications IndustryOn Aon Insights: Resilience Across IndustriesOn Aon Insights: Building Belonging in the WorkplaceOn Aon Insights: Training the Manager for the Future of WorkTweetables:“There is a clear trend showing that the manager role has evolved.” — Charlotte Schaller“As the workplace becomes more diverse and inclusive, managers will need to exhibit higher EQ — emotional intelligence.” — Charlotte Schaller“[Training and retraining] has to be a personalized journey. It’s not going to be a one-size-fits-all.” — Charlotte Schaller“When managers participate in training and demonstrate their commitment to learning, they set a positive example to their teams.” — Charlotte Schaller“Employees will feel more valued when they see their organization investing in their professional growth.” — Charlotte Schaller

With the increasing frequency of cyber events, risk management and security is a complex, multi-faceted challenge for banks around the globe. The task of keeping up with changing technologies while attracting and retaining talent who can mitigate cyber security risk has reached unprecedented levels. This week’s host and Partner in Aon’s Talent Solutions, Peter Keuls, is joined by Partner in Aon’s Talent Solutions, Chris Blain, and Aon’s Head of Cyber Solutions in the UK, Spencer Lynch, for a discussion about the intersection of talent and cyber security for financial institutions.[3:03] The latest trends that are raising the cyber security stakes for banks[11:54] Recent talent recruitment adjustments made by banks[13:43] Tactics for assessing organizational vulnerabilities and strengthening protections[18:00] Monitoring bank investments in cyber risk mitigation[23:40] Advice for effectively managing organizational-level cyber security efforts and talentAdditional Resources:Aon’s websiteAon’s 2023 Cyber Resilience ReportOn Aon Episode 58: On Aon’s Approach to Helping Organizations Build Cyber Resilience with Joe Martinez and David DamatoOn Aon Episode 42: On Aon’s Innovative Approach to Cyber Resilience with Nitai Mandhyan and Scott SwansonTweetables:“As we see more cyber attacks and more breaches, banks are grappling with trying to ensure that they retain their people with those skills and try to attract that talent as well.” — Chris Blain“The majority of cases that we see start with a person; it’s a people problem, usually not a technology problem.” — Spencer Lynch“The level of investment around cyber for the typical bank is enormous… and it’s very important that they get the cost balance right.” — Chris Blain“Cyber security is a business problem, not a technology problem.” — Spencer Lynch