Our Approach

Ambac takes environmental, social and governance (ESG) responsibilities seriously. We believe many of our shareholders, customers and business partners do too. Social responsibility is integral to our business operations and integrated into our policies and procedures.

Corporate Social Responsibility Reports

green trees and nature

Environmental Commitment

Ambac recognizes the importance of minimizing its environmental footprint and is committed to maintaining an environmentally conscious workplace. The direct environmental footprint of our company is modest, given the service nature of our business. Even so, we strive to be environmentally responsible in our business operations.

Social Commitment

Together with our employees, Ambac drives change inside and outside the workplace. Externally, we support many charities, both domestic and abroad, and provide opportunities, as well as paid time off, for our employees to volunteer in the community. Internally, Ambac demonstrates its social commitment by fostering, cultivating and preserving a culture of diversity, equity and inclusion.

ambac employees

Governance Commitment

Good corporate citizenship is both ethically and commercially important to us. Our long-term success depends not only on how we execute against our strategic priorities, but also how we manage our relationships with our employees, business partners, customers, stockholders, and the communities in which we work.

ESG Oversight

In 2021, an internal ESG committee was established to focus on enhancement of relevant policies, procedures and disclosures to reflect Ambac’s ESG practices and objectives. To ensure that ESG is appropriately managed and communicated throughout the organization, we have designed the following governance structure:

  • Board of Directors: Primary oversight of ESG activities has been assigned to the Governance & Nominating Committee, which will oversee strategy and public reporting
  • Executive Leadership Sponsors: Ambac's CEO, General Counsel and Chief Strategy Officer will provide direction on ESG strategy and public reporting
  • ESG Committee: Senior leaders from Legal, Human Resources, Investor Relations, and Risk Management meet frequently to drive decision-making, accountability and ownership of ESG reporting and policy initiatives
  • Employees: Ambac’s commitment to ESG is firmwide and includes input and participation from employees across the organization
Ambac ESG oversight