Strategic ESG risk management is rapidly becoming a cornerstone in actuarial science, transforming how actuaries assess, model, and mitigate risks in today’s complex world. Traditionally, actuaries have focused on quantifying financial and demographic risks using historical data, but the rise of environmental, social, and governance (ESG) factors demands a broader, more forward-looking approach. Integrating ESG considerations is not just about responding to new regulatory requirements or market expectations—it’s about enhancing the resilience and sustainability of financial systems and the businesses they support.