UN and Insurance Industry to Launch Global Insurance Principles at Rio+20 to Propel Sustainable Development

kristySRI/ESG News

MEDIA ADVISORY

UN and Insurance Industry to Launch Global Insurance Principles at Rio+20 to Propel Sustainable Development

For immediate release

Rio de Janeiro, 18 June 2012 – Close to 30 leading insurance companies, worth over US $5 trillion in total assets and representing in excess of 10 per cent of world’s gross premium volume, are to join a UN-backed process to promote a set of Principles for Sustainable Insurance that aim to green the sector and provide insurance tools for risk management in support of environmental, social, and economic sustainability.

The Principles provide a holistic approach to managing a wide range of global and emerging risks in the insurance business, from climate change and natural disasters to water scarcity, food insecurity and pandemics.

Event details:

Launch of the UNEP FI Principles for Sustainable Insurance

Date and time: 19 June, 2012 – 8:00 AM to 9:00 PM (BRT)

Venue: Hotel Sofitel Copacabana

Avenida Atlantica, 4240 – Copacabana, Rio de Janeiro

Speakers include:

Achim Steiner, UNEP Executive Director and Under-Secretary-General of the United Nations
Butch Bacani, Project leader, Principles for Sustainable Insurance
Ludger Arnoldussen, Member of the Board of Management, Munich Re
Jean-Christophe Menioux, Group Chief Risk Officer, AXA
Charles Anderson, CEO, Sovereign
And other top executives from the global insurance industry
To view a live webcast of the launch event, please visit: www.cnseg.org.br/sustentabilidade/psi.

For more information, visit: http://www.unepfi.org/events/2012/rio20_psi/index.html.

To confirm attendance or for more information, please contact:

Nick Nuttal, UNEP Spokesperson, (Brazil) on Tel: +55 11 6593 8058 / +254 733 632755, E-mail: nick.nuttall@unep.org

Amanda Talamonte (Brazil) on Tel. +55 61 3038 9237, E-mail: comunicacao@pnuma.org

Alejandro Laguna (Brazil) on Tel. +55 21 6912 5825, E-mail: alex.laguna@unep.org

Butch Bacani, UNEP Finance Initiative on Tel. +41 79 958 1958, E-mail: butch.bacani@unep.org