Chubb has appointed Margaret Peloso as senior vice president of the Chubb Group, and global climate officer and executive director of the Chubb Charitable Foundation. In this newly created role, Peloso will be responsible for Chubb’s climate related strategies, including business and public policy initiatives.
Peloso joins Chubb from Vinson & Elkins, where she served as lead sustainability partner with responsibility for integrating sustainability and ESG factors across its portfolio.
As executive director of the Chubb Charitable Foundation, Peloso will guide the foundation in expanding its reach and delivering on its mission to support clearly defined projects that solve problems with measurable and sustainable outcomes.
Evan G. Greenberg, chairman and CEO, says: “I am delighted to welcome Maggie to Chubb. She has worked closely with us as outside counsel and demonstrated her leadership and expertise on a wide range of climate issues.
“Maggie's experience and deep insight on climate issues will advance Chubb's leading role in meeting the challenges of climate change to the benefit of our clients and society.”
Joseph Wayland, executive vice president and general counsel of the Chubb Group, adds: "Maggie's expertise and perspective will be critical as we further deepen our understanding of how underwriting policies can facilitate the reduction of GHG emissions, and as we continue to work actively to advance our industry's expertise in climate change mitigation and adaptation."