Rakhi Kumar

SVP Sustainability Solutions
Liberty Mutual Insurance
Rakhi leads efforts to integrate sustainability across the global enterprise. She Chairs Liberty’s Climate Council, an internal cross-functional group that is developing and coordinating the company’s climate- related activities. She also represents Liberty on the Taskforce for Nature-Related Financial Disclosure (TNFD) Forum and the Partnership for Carbon Accounting Framework’s (PCAF) Insurance Emissions Working Group. Rakhi joined Liberty in May 2020, prior to which she led State Street Global Advisors’ ESG Investing and Asset Stewardship activities. She is a globally recognized leader in the area of sustainability and serves on the Advisory Board of the Millstein Center for Global Markets and Corporate Ownership at the Columbia Law School and Persefoni, a SaaS-based carbon accounting, reporting and management platform. She earned her MBA ('02) from Yale University and her Bachelors of Commerce ('95) from Bombay University. She is also a member of the Institute of Chartered Accountants of India since 1997.

Sessions by Rakhi Kumar

02:00 PM - 02:35 PM
Innovation in Action Track: Islander E 

Ask Me Anything: Shaping the Industry’s Response to Climate Change with Data and Analytics Presented by McKinsey & Company 

The transition to net-zero emissions will be the greatest reallocation of capital in history, creating opportunities for the insurance industry to underwrite society’s response to climate change. At the same time however, climate change is challenging the industry’s established models of assessing physical risk. Moderator Deniz Cultu will discuss how the sophisticated use of data and analytics will enable more effective decision-making in the face of both challenges with guests Rakhi Kumar of Liberty Mutual and Michael Steel of RMS.  

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