World’s insurers publicly disclose progress in implementing global principles a year after launch at UN Conference on Sustainable Development Geneva/Nairobi/Sydney/Zurich, 19 June 2013—A year after their launch to support the aims of the UN Conference on Sustainable Development in Rio de Janeiro, the Principles for Sustainable Insurance (“PSI” or the “Principles”) have led to the largest collaborative initiative between the UN and the insurance industry, aimed at propelling environmental, social and economic sustainability. Some 60 leading insurers, insurance market bodies and international organisations have embraced the landmark Principles, doubling the number from last year’s launch. The Principles were developed by the UNEP FI through a six-year global process. They seek to strengthen the insurance industry’s resilience and its contribution to building sustainable communities and economies. The Principles have catalysed a pioneering initiative to tackle environmental, social and governance issues relevant to both the insurance business and sustainable development. These include key issues such as climate change and extreme weather events, environmental degradation, insurance access and affordability, ageing populations, good governance and ethical business practices. See the UN press release here. See the 2013 video message from the UNEP Executive Director here. See the 2012 keynote address by the UNEP Executive Director here. Learn more at staging.unepfi.org/psi
17 May 2022Events, Roundtables