UNEP FI Principles for Sustainable Insurance consultation goes up north
Canada will host from 12 to 13 June 2011 the third of seven United Nations-convened regional consultations that make up a global process to develop a set of sustainability principles for the insurance industry.
The United Nations Environment Programme Finance Initiative's Principles for Sustainable Insurance (UNEP FI-PSI) will serve as the global framework for insurance companies to try to manage environmental, social and governance risks and opportunities in their core business strategies and operations in a better way. This will include concrete actions to enhance risk management and underwriting practices, stimulate innovative insurance solutions, and catalyse industry action on a range of sustainability issues such as natural catastrophe risks, climate change, ecosystem degradation, ageing populations and emerging health risks.
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