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Principles for Sustainable Insurance Update

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Butch Bacani

Programme Leader

The UNEP FI Principles for Sustainable Insurance Initiative

www.unepfi.org/psi

Butch Bacani is the Programme Leader of the UN’s Principles for Sustainable Insurance (PSI), a global framework and initiative to address environmental, social and governance risks and opportunities. The PSI were developed by the UN Environment Programme Finance Initiative (UNEP FI), a partnership between UNEP—the UN’s environmental arm—and financial institutions worldwide spanning the banking, insurance and investment industries.

Butch led the multi-year global process involving the insurance industry and its stakeholders to develop the PSI and launch them at the 2012 UN Conference on Sustainable Development in Rio de Janeiro, Brazil. From 2006 to 2010, he led both the insurance and investment programmes of UNEP FI. This role included joint activities with the UN’s Principles for Responsible Investment Initiative launched by the UN Secretary-General in 2006.

Butch has authored and contributed to pioneering studies and initiatives on insurance and institutional investment. These include an agenda-setting report on global sustainability issues for insurers and good practices, the first global sustainability survey of the insurance industry, a global insurance industry statement on adapting to climate change in developing countries, and a legal roadmap for fiduciaries to put responsible investment into practice. He has participated in UN, insurance and investment forums on global issues such as climate and ecosystem risks, disaster risk reduction, inclusive finance and corporate governance. He is a member of the World Meteorological Organization’s Expert Advisory Group on Climate Services for Disaster Risk Financing.

Prior to the UN, Butch was based in Asia as the Head of Reinsurance at the Pioneer Group, where he spent over a decade working with leading insurers, reinsurers and brokers worldwide across all lines of business.

Butch is based at UNEP FI’s headquarters in Geneva, Switzerland.

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Seoul 2013 - Special Address: Principles for Sustainable Insurance Update

Butch Bacani

Programme Leader, UNEP FI Principles for Sustainable Insurance Initiative

PRESENTATION

Principles for Sustainable Insurance Update

Presentation Video

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