UNEP FI at COP25: Highlighting finance sector action to governments, boosting climate finance ambition

The annual gathering of governments, private sector and civil society will now take place in Madrid, Spain between 2 and 13 December to further action on climate change and implement the promises that were made under the Paris Climate Agreement. Find out what UNEP FI is doing at COP25 to bring the latest climate commitments made by UNEP FI members to the attention of policymakers. UNEP FI members can attend many of the events – check out the list below and get in touch if you have questions about accreditation.

During the UN Secretary General’s 2019 Climate Action Summit, UNEP FI launched two high-ambition initiatives that will be key drivers of finance sector action on climate change in the coming years. 33 of the banks who signed the new Principles for Responsible Banking also launched a collective commitment to climate action, and 12 very large institutional investors unveiled the UN-convened Net-Zero Asset Owner Alliance.

With these two pledges, financial heavyweights like Allianz, SwissRe, Calpers, Societe Generale, BBVA, as well as institutions from Latin America such as BFA and Produbanco are committing to fully align their financial portfolios with the mitigation objectives of the Paris Agreement with intermediate targets every 5 years.

These groups are a natural response to the now established recognition that more sophisticated management of climate-related risks and a more systematic disclosure of such risks by financial institutions might actually not lead to a ‘greening’ of these institutions’ practices. In fact, the contrary could conceivably be the case. UNEP FI is therefore now advocating for an evolution from a risk-based narrative in climate finance towards a norms-based one. This narrative will emphasise (measurable and traceable) outcomes and impacts as opposed to procedural aspects of financial institutions’ behaviour. The two initiatives are a first credible indication of the success of this advocacy.

At COP25, UNEP FI will be bringing the new ambition in climate change action born at the Climate Action Summit in New York to the attention of governments worldwide, building on our dialogue with the Coalition of Finance Ministries on Climate Action and reaching out to other parts of society to encourage more ambitious action.

As financial institutions move beyond an approach to climate change finance that is purely risk-based and towards an approach that is also normative, and focused on environmental outcomes and impacts, banks, insurers and investors will have to turn their attention to their business models, and ensure their portfolios are not only compatible with but also enable the climate mitigation objectives of the Paris Agreement.

This new ambition will require combining the financing of the decarbonization of the economy – to prevent the worst form of climate change – with financing the adaptation of socio-economic systems to the climate change that cannot be mitigated.

UNEP FI is implementing this new ambition through three platforms: the two afore-mentioned initiatives with banks and asset owners, and our adaptation work which cuts across all financial industries. Read more about our platform on adaptation here.

UNEP FI at COP25

For more information on these events and to find out if you can get accreditation through UNEP FI email climate@unepfi.org.

Date and TimeLocation/AccessDetailsUNEP FI Member Participants
5th December 10:00-13:00Roundtable Room (tbc)Pressing Record on Climate Action

The objective of this two-day workshop is to put into motion a framework towards establishing metrics for tracking progress. This will enable cooperative and individual climate actions to be tracked from going forward in such a way that they will ultimately appear on the Global Climate Action portal and be utilized by the broader analytical and research community.
(None)
9th December 10:30-12:00within the COP perimeter, COP accreditation requiredPanel discussion: “The role of public finance for climate action in context of a new climate finance goal”

Focusing on the key role of public finance to support climate goals in developing countries including through fiscal, economic, and financial policies to cut emissions and prioritize low-carbon growth.

Watch session recording here..
Guenther Thallinger, CIO, Allianz
9th December 18:30-20:00within the COP perimeter, COP accreditation requiredInvestors, companies and Governments stepping up climate ambition in 2020 for a net-zero future
An Investor Agenda official side event, co-convened by UNEP FI.
Divya Mankikar, CalPERS
(Aviva Investors CIO, Pending Accreditation)
10th December 15:00-16:30Pavilion'Aligning Financial Flows with the 1.5 Climate Goal'
• Asset owners have committed to align investments with the 1.5°C goal
• Examples of tools that asset owners can use to implement their 1.5°C commitment
• Asset owner view
• Closing remarks by Margaret Kuhlow
Thomas Liesch, Allianz
11th December 10:00-12:00within the COP perimeter, COP accreditation requiredCaring for Climate – Global Compact Event Odd Arild Grefstad, CEO, Storebrand
11th December 15:00-16:00within the COP perimeter, COP accreditation requiredPress Briefing - UNFCCC Climate Ambition Alliance Karin Greve-Isdahl, Storebrand EVP
11th December Afternoonwithin the COP perimeter, COP accreditation requiredHigh Level Event with SG on Climate Ambition AllianceAXA CIO for Spain (TBC)
11th December 16:45-18:15within the COP perimeter, COP accreditation requiredClimate Alignment in the Financial Sector: An official side event by UNEP FI & Partners

This event will provide participants with a deeper understanding of what climate alignment is and how leading public and private financial institutions are working towards it.

In partnership with the Climate Policy Initiative, and the Rocky Mountain Institute
Paul Bodnar, Rocky Mountain Institute, Sylvain Vanston, AXA, Sarah Breeden, Bank of England, Barbara Buchner, Climate Policy Initiative, Remco Fischer, UNEP FI, Boitumelo Mosako, DBSA, Franco Piza, Grupo Bancolombia and Hubert Ruzibiza, Rwanda Green Fund.
12th December 10:00-12:00 outside of the COP perimeter, no accreditation required but invitation onlyUNEP FI’s official side event: New Climate Leadership

To clarify what climate leadership from financial institutions looks like today, showcase the new climate ambition from financial institutions and explore how to scale up this work.

In partnership with the Principles for Responsible Investment (PRI), the Corporacion Andina de Fomento (CAF), and Finisterrae University.
Nadia Calviño, Spanish Minister of the Economy and Business
Margarita Delgado, Central Bank of Spain
Inger Andersen, UNEP
Carlos Torres Vila, BBVA
José Antonio Álvarez, Santander

 

Find out more about COP25 here.

UNEP FI Regional Roundtable Europe 2019: Highlights

5 December 2019

The UN Environment Programme Finance Initiative (UNEP FI), Luxembourg for Finance (LFF) and Global Landscapes Forum (GLF) joined forces for three days to welcome over 500 sustainable finance professionals to Luxembourg on 28-30 November 2019.

The events, co-hosted by the Luxembourg Ministry of Finance and Ministry of the Environment, Climate and Sustainable Development, created a platform for financial sector leaders to demonstrate shifts to a sustainable global economy. Speakers included Valdis Dombrovskis, Vice President of the European Commission, HE Carole Dieschbourg, Luxembourg Minister for the Environment, Climate and Sustainable Development, Dr Werner Hoyer, President of the European Investment Bank and Eric Usher, Head of UNEP FI.

 “This is a man-made crisis. We can be the actors of change and turn this crisis into an opportunity.” – HE Carole Dieschbourg, Luxembourg Minister for the Environment, Climate and Sustainable Development

The keynote speech by Valdis Dombrovskis, Vice-President of the European Commission, highlighted that the financial sector has a great potential to drive change. The push for green technologies and shifts in consumer and green investment preferences is leading to policy change at EU level. He shared progress on the EU Action Plan and the new Commission’s proposed “New Green Deal for Europe”, which they hope to approve in the first 100 days.

Dr. Werner Hoyer, President, European Investment Bank (EIB) highlighted the bank’s latest commitments to phasing out lending for all fossil fuel projects due to climate change concerns. The EIB will not take on any new fossil fuel investments from 2022. “We will stop financing fossil fuels and we will launch the most ambitious climate investment strategy of any public financial institution anywhere,” said EIB President Werner Hoyer. This strategy includes unlocking €1 trillion in climate- and environment-related investments in the decade leading up to 2030, and comes with a commitment to align the EIB’s financing activities with the goals of the Paris Climate Agreement by the end of 2020.

“If financial service providers deliver the right products, it is possible to go from the billions to the trillions.” – HE Pierre Gramegna, Luxembourg Minister of Finance in his speech during a dinner hosted by Luxembourg for Finance and the Government of Luxembourg

During a high-level dialogue on climate commitments, Gunther Thallinger, Board Member of Allianz and one of the architects of the Net Zero Asset Owner Alliance, along with José Manuel González-Páramo, Executive Board Member and Head of Global Economics & Public Affairs, BBVA spoke about why investors and banks need to make ambitious climate commitments. Founding members of the UN-convened Alliance made a bold commitment at the UN Secretary-General’s Climate Summit in New York in September: to transition their investment portfolios to net-zero GHG emissions by 2050. Last week, AXA, Aviva, CNP Assurances and Fonds de Réserve pour les Retraites (FRR) joined the Alliance, raising total assets under management targeting carbon neutrality by 2050 to nearly USD 4 trillion. As a complimentary initiative, the Collective Commitment to Climate Action for banks was also launched in September. 34 banks representing USD 13 trillion have so far joined the Collective Commitment to align their portfolios to reflect and finance the low-carbon, climate-resilient economy required to limit global warming to well-below 2, striving for 1.5 degrees Celsius.

During the panel on the Principles for Responsible Banking, the CEOs of Banque Raiffeisen and Banque et Caisse d’Épargne de l’État (BCEE) announced that they had become the first banks in Luxembourg to sign up to the new banking framework. The panel also consisted of representatives from Barclays, Santander and the European Banking Authority as well as ShareAction, an NGO that has endorsed the Principles and promises to hold the banks accountable for their activities. Now that the Principles have launched, efforts are now focused on implementing them across the banking sector. Banks are required to report publicly on their positive and negative impacts, their contribution to society’s goals and their progress in implementing the Principles, and to engage with key stakeholders on their impacts – signatories now have 18 months to publish the first reporting and self-assessment which will be publicly available from 2021.

Financial centre roadmaps and strategies to advance sustainable finance were a focus of a plenary led by Stephen Nolan, Managing Director of the UN Environment hosted Financial Centres for Sustainability (FC4S). The session explored how roadmaps and strategies are being developed and implemented, some of the challenges and barriers, and the implications of leadership provided by governments versus market actors. Last year, Luxembourg launched a Sustainable Finance Roadmap with UNEP FI, which touched on many facets of the financial market, such as the development of financial products for sustainable finance, the development of training and education programmes, or the promotion of innovation to finance sustainable development.

“We must improve quickly. We are up against the clock. The next few years will be critical and while States are encouraged to upgrade their pledges under the Paris Agreement, the financial sector will also see benefits and play its societal role by fostering change, adaptation and transformation in the private and public sectors, to the benefit of all and for the good of future generations.” – Bruno Pozzi, Europe Director, UN Environment Programme

The event included several official launches, including the Sustainable Blue Economy Finance platform. This initiative will create a community of practice to bring together financial institutions, scientists, stakeholders in the ocean economy and other experts to support implementation of the Sustainable Blue Economy Finance Principles developed by the European Commission, WWF, the Prince of Wales’s International Sustainability Unit (now embedded into the World Resources Institute) and the European Investment Bank. The Initiative’s aim is to accelerate financing of economic activities from ocean-based industries, resources and ecosystem services that are in balance with the long-term capacity of the assets, goods and services of marine ecosystems.

The event also saw the launch of the TCFD pilot project report and investor guide to scenario-based climate risk assessment in real estate portfolios. Twelve institutional investors from eight countries, convened by UNEP FI and supported by Carbon Delta, have worked throughout 2018–2019 to analyse, evaluate, and test, state-of-the- art methodologies to enable 1.5°C, 2°C, and 3°C scenario-based analysis of their direct property investment portfolios in line with the recommendations of the FSB’s Task Force on Climate-related Financial Disclosures (TCFD).

A new report titled “Unwrapping the risks of plastic pollution to the insurance industry” was also launched at the Principles for Sustainable Insurance Market Event, which ran alongside the Regional Roundtable. This report shows that plastic pollution risks can affect insurance and investment portfolios in the form of physical, transition, liability and reputational risks. These range from threats to human health to evolving liability claims connected to marine litter and plastic pollution should be closely monitored by insurers in coming years.

A highlight for the event included a high-level dialogue on mobilising finance against slavery and trafficking, which was highlighted in a report released during the United Nations General Assembly in New York in September 2019. The Financial Sector Commission on Modern Slavery and Human Trafficking Chair Fiona Reynolds, who is also the CEO of the Principles for Responsible Investment (PRI) joined James Kofi Annan, a Global Financial Sector Commissioners for Modern Slavery who was a survivor of human trafficking and child slavery, for a discussion on stage.

Other sessions focused on portfolio alignment with the Paris Agreement, climate adaptation, mainstreaming impact in investment, impact analysis in corporate finance, the Taskforce for Climate-Related Financial Disclosure Recommendations, energy efficiency, setting science-based biodiversity targets and the role of finance in reducing deforestation.

UNEP FI would like to thank the Government of Luxembourg, Luxembourg for Finance, Global Landscapes Forum and all event partners, speakers and delegates for making the events such a huge success.

You can view photos from the events here.

For media enquiries please contact Mustafa Chaudhry.

UNEP FI Global Roundtable 2020

13-14 October 2020 | Mexico City, Mexico

UN Environment Programme Finance Initiative (UNEP FI) is hosting its 16th Global Roundtable in Mexico City on 13–14 October 2020. UNEP FI’s biennial Global Roundtable (GRT) has become the major global agenda-setting event on sustainable finance.

Watch out for updates on this website.

For sponsorship and partnership opportunities please contact Mustafa Chaudhry (mustafa.chaudhry@un.org)

 

Principles for Sustainable Insurance (PSI) Market Event Europe – Luxembourg – Agenda

29 November 2019 | Luxembourg

Principles for Sustainable Insurance (PSI) Market Event Europe

The UN Environment Programme Finance Initiative (UNEP FI) and Global Landscapes Forum (GLF) are joining forces for three days of insight into advances in sustainable finance to address key regulatory and market challenges, the asset management industry’s role in sustainable investment, as well as how capital markets can contribute to a sustainable low-carbon economy.

UNEP FI will hold its 2nd Regional Roundtable for Europe in Luxembourg on 28-29 November 2019, followed by the Global Landscapes Forum (GLF), the world’s largest knowledge-led platform on sustainable land use, on 30 November 2019.

Alongside the Roundtable, UN Environment’s Principles for Sustainable Insurance (PSI) will host a European Market Event on 29 November.

Register now.

10:30-10:45Welcome Remarks
Butch Bacani - Programme Leader, UN Environment’s Principles for Sustainable Insurance Initiative
10:45-11:15Session 1: What are the implications of the European Commission’s Action Plan on sustainable finance for the insurance industry
Olav Jones - Deputy Director General, Insurance Europe
Pamela Schuermans - Principal Expert Insurance Policy, EIOPA
Discussion moderator
Butch Bacani - Programme Leader, UN Environment’s Principles for Sustainable Insurance Initiative
11:15-11:30Break
11:30-12:20Session 2: After the UN Secretary-General’s Climate Summit: How can we drive greater climate action and ambition?
Opening perspectives
Marc Hengen - CEO, Association of Luxembourg Insurers & Reinsurers
Lasse Wallquist - Senior Sustainability Risk Manager, Swiss Re
Roundtable discussion moderator
Butch Bacani - Programme Leader, UN Environment’s Principles for Sustainable Insurance Initiative
12:20-13:10Session 3: TCFD and the insurance industry: Evolving market and supervisory practices
Presentations including Q&A session with the audience
Nicole Röttmer - Partner, PwC Germany
Jason Eis - Executive Director, Vivid Economics
13:10-14:00Lunch
14:00-15:00Session 4: Managing environmental, social and governance (ESG) risks in non-life insurance business
Opening perspectives
John Scott - Group Head of Sustainability Risk, Zurich Insurance Group
Philipp Hasenmüller - Senior Consultant for Corporate Responsibility, Munich Re
Roundtable discussion moderator
Butch Bacani - Programme Leader, UN Environment’s Principles for Sustainable Insurance Initiative
15:00-16:00Session 5: Developing the sustainability agenda in life & health insurance and pensions
Opening perspectives
Zelda Bentham - Group Head of Sustainability, Aviva
Angelique Bayot - Head, SCOR Global Life Strategy
Roundtable discussion moderator
Butch Bacani - Programme Leader, UN Environment’s Principles for Sustainable Insurance Initiative
16:00-16:20Break
16:20-17:10Session 6: How can the insurance industry help protect natural ecosystems and tackle pollution?
Opening perspectives
Alice Merry - Plastic Pollution Project Manager, UN Environment
Chip Cunliffe - AXA XL and Head of Ocean Risk & Resilience Action Alliance (ORRAA)
Amandine Favier - Head of Sustainable Finance, WWF-Switzerland
Roundtable discussion moderator
Butch Bacani - Programme Leader, UN Environment’s Principles for Sustainable Insurance Initiative
17:10-17:15Closing Remarks
Olivia Fabry - Programme Supervisor, UN Environment’s Principles for Sustainable Insurance Initiative
Butch Bacani - Programme Leader, UN Environment’s Principles for Sustainable Insurance Initiative

Year Two Good Growth Partnership Highlights Report

Published October 2019

The Good Growth Partnership convenes a wide range of stakeholders and initiatives throughout soy, beef and palm oil supply chains to reduce deforestation and enable sustainable development. Since its inception in 2017, the Good Growth Partnership has brought together a growing coalition of committed changemakers to achieve greater results throughout its focal commodity supply chains and landscapes. This alliance has enabled efficiency, avoided overlap and allowed each partner to work to their strengths while simultaneously connecting the dots and layers that influence sustainability throughout the entire supply chain. Instead of treating production, demand and investment interventions as separate tracks, the Good Growth Partnership looks at where the layers of the supply chain integrate and overlap to enhance financial incentives and demand for sustainably produced agricultural commodities.

Alongside IFC,UN Environment Programme Finance Initiative is contributing to the transactions project, working closely with banks and helping to make sustainable financing more accessible for businesses and farmers who require additional capital to invest in more environmentally sound practices.

The Year Two Highlights report details the progress made to date and is a testament to how each partner organization has come together as an integrated force for change. Download the report here.

Find more information on the Good Growth Partnership website here.

Watch a video from the Good Growth Partnership Launch in September 2017 here.

 

Protecting our World Heritage, insuring a sustainable future

Published

World Heritage Sites are recognised for their unparalleled beauty, global significance and/or biological diversity and the important economic, social and environmental benefits they provide to people. They are a source of inspiration and contribute to human well-being.  However, almost half of all natural World Heritage Sites across the globe are threatened by industrial activities and large infrastructure developments, which may cause irreversible damage to the outstanding universal value of these sites.

The economic and social costs of natural disasters are escalating, and the insurance protection gap is widening. Protecting World Heritage Sites through their core business activities has been unclear to insurers. However, in July 2018, insurers, insurance market bodies and key industry stakeholders from around the world signed the first-ever insurance industry statement to protect World Heritage Sites and the first guide has been produced to help the global insurance industry protect these precious sites.

The guide shows that collaboration is essential and highlights the increasingly important role that the industry needs to play in protecting World Heritage Sites. It is a result of a partnership between UNEP FI’s Principles for Sustainable Insurance Initiative (PSI), WWF, and the UN Educational, Scientific and Cultural Organization (UNESCO) World Heritage Centre. It is a call to action for insurers around the world to join the global effort to protect the priceless and irreplaceable assets that make up our World Heritage for present and future generations.

Download report here.

Find out more about about the statement of commitment to World Heritage Sites and related documents and events here.

Regional Roundtable in Latin America and the Caribbean: Slides

Slides from event

 

 

UNEP FI Regional Roundtable Latin America and the Caribbean 2019: Highlights

22 October 2019

UNEP FI’s fourth Regional Roundtable on Sustainable Finance in 2019 for the Latin America and Caribbean region took place last week, with more than 330 delegates from 16 countries in attendance.

The two-day event, held in São Paulo on 14-15 October, was co-organised with the Brazilian Federation of Banks (FEBRABAN), and featured a mix of high-level plenaries and keynotes from public and private sector leaders in sustainable finance, as well as technical sessions covering approaches to sustainability in investment, insurance and banking.

The event, which featured over 60 speakers, was opened by the Murilo Portugal, President of FEBRABAN and Eric Usher, Head of UNEP FI, who stressed the importance of the financial industry in shifting financial flows towards more sustainable models of economic development.

Gema Sacristan, Chief Investment Officer of IDB Invest (the private-sector arm of the Inter-American Development Bank), delivered a keynote which highlighted the role of the UN initiatives, including the newly launched Principles for Responsible Banking, in creating a more sustainable economy in Latin America. Gema also highlighted the role of multilateral development banks (MDBs) in mobilising private sector finance for accelerating sustainable development, alongside Eric Usher and Mauricio Velasquez, Executive Director at CAF (the Development Bank of Latin America) in a high-level dialogue.

A panel on the role of regulation in creating a sustainable economy saw regulators from Brazil, Colombia and Costa Rica, who were supportive of a shift towards the development and implementation of green measures. Panelists from the Chilean Ministry of Finance, IFC, Banco Hipotecario and Santander also led discussions on integration of social and environmental risks into financial decision making.

In the afternoon, delegates attended parallel sessions on the Principles for Responsible Banking (with 22 banks from the region having signed up) as well as portfolio alignment with the Paris Agreement and climate-related disclosures. WWF led a session on the new Sustainable Blue Economy Principles and plastics in our oceans, whilst CAF led a session on sustainable infrastructure and green cities, issues important for the region.

The evening saw a celebration of the 10-year anniversary of the Sustainable Stock Exchanges Initiative, a UN partnership programme of UNEP FI, UNCTAD, UN Global Compact and the Principles for Responsible Investment (PRI). Sonia Favaretto from B3, Brazil and Olga Cantillo from Bolsa de Valores de Panama spoke about how their stock exchanges were helping achieve the Sustainable Development Goals (SDGs) in their countries.

The opening of day 2 saw keynotes from Bradesco and Santander. Conversation in the panels of the day focused on financing the SDGs, as well as how financial institutions can encourage financial education and inclusion, topics important for the region. The main plenary panels concluded with a topic most important for the region – using finance for sustainable land use and the importance of deforestation risks .

The second day also saw several side events and workshops, including the Principles for Sustainable Insurance (PSI) Market Event for Brazil, with the support of the Brazilian Insurance Confederation (CNSeg) and the Brazilian Superintendence for Private Insurance (SUSEP). The PSI market event saw the launch of the of the PSI-WWF-UNESCO Global Guide to protect World Heritage Sites. The main aim of the Guide is to provide practical guidance to insurers on how to prevent or reduce the risk of insuring and investing in companies or projects whose activities could damage World Heritage Sites, particularly in relation to sectors such as oil and gas, mining, and large-scale hydropower. Other relevant sectors include logging, fishing, agriculture, plantations, and large-scale infrastructure such as pipelines, roads and mega-ports. Further discussions focused around integration of Environmental, Social and Governance (ESG) risks in non-life insurance business as well as evolving market and supervisory practices such as implementing the Taskforce for Climate-Related Financial Disclosures (TCFD) Recommendations for insurers. Following this event and discussions, a national insurance roadmap will be developed by PSI and relevant stakeholders in Brazil.

The day also saw a side-event hosted by UNEP Brazil on sustainable business opportunities in the Amazon, a topic becoming more important for the region by the day. This event was opened by the UNEP Brazil representative, Denise Hamu as well as the Forest Stewardship Council Executive Director, Aline Tristao. The event focused on concessions for public forests and how sustainable development is necessary for business opportunities in the region and sustainable forest management. Next steps included discussions with stakeholders to design tailored mechanisms that would meet the specificities of native forest management in the concessions of public forests in the Amazon.

A highlight for day 2 was also a workshop on the implementation of the Principles for the Responsible Banking. The Principles, which launched 3 weeks ago by the UN Secretary General in New York, are now in the implementation stage for all signatory banks (22 from the Latin America region).

On day 3, FEBRABAN hosted a workshop about TCFD implementation with over 45 delegates in attendance. The content focused on case studies from financial institutions already working on the initiative and built upon the Brazilian Roadmap for TCFD developed by FEBRABAN for banks. UNEP FI is also currently working on a pilot-project for banks on the implementation of TCFD.

You can view photos from the events here.

UNEP FI would like to thank all speakers, delegates, partners and sponsors for making the event a huge success.

Driving Change, Realizing Impact: Launching the Principles for Responsible Banking – Speakers

AGENDA30 FOUNDING BANKSSPEAKERSVENUEREGISTER

Speakers

Regional Roundtable on Sustainable Finance in Latin America and Caribbean 2019: Speakers

AGENDASPONSORS & PARTNERSSPEAKERSVENUE

Speakers

Regional Roundtable on Sustainable Finance in North America

22-25 September 2019 | New York

UNEP FI’s Regional Roundtable in North America will take place during UN General Assembly week, alongside Climate Week and the Secretary-General’s Climate Action Summit on 23-25 September 2019, New York.

This Regional Roundtable is a collection of public and private events including:

  • The highly anticipated Principles for Responsible Banking will be publicly launched by their 30 Founding Banks on September 23rd, at a high-level event hosted at BNP Paribas — during the United Nations General Assembly. The event will bring together bank CEOs and global thought leaders, as well as environmental and sustainable development experts to explore the implementation and impact potential of the newly. To find out more and register for the event, click here.
  • The Sustainable Investment Forum, will take place on 25 September in partnership with Climate Action. The forum will present panels, keynotes and in-depth streamed sessions on ESG integration, regulation, asset classes and climate commitments. To find out more, click here. (UNEP FI members get a 20% discount on registrations. To take advantage of this, please contact Min Chen)

 

‘Principles for Responsible Banking’ and their supporting framework released following six-month consultative process — Endorsed by more than 100+ financial institutions ahead of their 22 September global launch

25 July 2019

25 July 2019, Geneva – Following a six-month public consultative process, the United Nations Environment Programme Finance Initiative (UNEP FI) has this week released the final official versions of the UNEP FI Principles for Responsible Banking and their supporting framework documents.

The Principles have been developed by a core group of 30 Founding Banks through an innovative global partnership between banks and UNEP FI. They provide a single framework for the development of a sustainable banking industry. In doing so, the Principles set out the banking industry’s role and responsibility in shaping a sustainable future and in aligning the banking sector with the objectives of the UN Sustainable Development Goals and the 2015 Paris Climate Agreement.

They also, importantly, enable a bank to embed sustainability across all its business areas, and to identify where it has the potential to make the most impactful contribution to a sustainable world. They also position a bank to leverage new business opportunities with the emergence of the sustainable development economy.

The newly released official documentation includes:

For those new to the Principles, UNEP FI has also released an overview infographic and an Easy Guide to Becoming a Signatory.

In advance of their official launch on 22/23 September during the United Nations General Assembly, the Principles have already been endorsed by more than 100 banking sector institutions globally, including 71 banks and 40 other institutions. More than 40 CEOs have confirmed their attendance at the official launch events in New York City, with others attending events to take place around the globe. Banks committing to the Principles before 22 August become official Founding Signatories, and are invited to take part in the official launch events.

An extensive six-month public consultation process for the Principles for Responsible Banking closed on 31 May. It included the cumulative participation of more than 500 stakeholders through 17 webinars, 36 live meetings and events held across 34 countries, and individual engagement in the online feedback system. Through this participatory process, more than 250 banks provided inputs into shaping the Principles for Responsible Banking along with civil society, other financial institutions, banking associations, technical experts and others. Feedback received, as well as the responses and actions taken, is now available here.

The 30 Founding Banks are:  Access Bank, AAIB, Banco Pichincha, Banorte, Barclays, BBVA, BNP Paribas, Bradesco, CIB, CIMB, Citi, First Rand, Garanti, Golomt Bank, Hana Financial Group, ICBC, ING, KCB, Land Bank, National Australia Bank, Natixis, Nordea, Piraeus, Santander, Shinhan, Standard Bank, Société Générale, Triodos Bank, Westpac and Yes Bank.

Additional banks that have committed to the Principles, to date, include: ABN AMRO, Alex Bank, Amalgamated Bank, Arion Bank, Banco de Fomento Agropecuario (BFA), Banco Galicia, Banco General, Banco Guayaquil, Banco Hipotecario, Banco Sabadell, Bankia, BBVA Argentina, BCC Grupo Cooperativo Cajamar, Beneficial State, BMCE, Caixa, Coopeservidores, Credit Agricole, Danske Bank, Desjardins, DGB Financial Group, DNB, Eurobank, GLS Bank, IDLC, Itaú Unibanco, Jaiz Bank, Julius Baer, Jyske Bank, KB Financial Group, KBC Group, Keystone, La Banque Postale, LABORAL Kutxa, Landsbankinn, Lloyds, Maha Agriculture Microfinance, Polaris Bank, Produbanco, Sovcombank, SpareBank 1 Østlandet, Standard Chartered, Sumitomo Mitsui Financial Group (SMBC), Sumitomo Mitsui Trust Holdings/Bank, WEMA Bank and Zenith Bank.
The Principles for Responsible Banking have also been endorsed by a growing number of other institutions, including: Banking Association of South Africa, BBVA Microfinance Foundation, Boston Common, Central Bank of Greece, Chartered Banker, Datamaran, Dutch Banking Association (NVB), Ethical Finance Hub, European Association of Co-operative Banks, European Banking Federation, European Financial Congress, Finance Denmark, Finance Finland, Federation Bancaire Francaise, Institute for Social Banking, Latvian Financial Sector Association, Luxembourg Bankers’ Association, Mesa de Finanzas Sostenibles de Paraguay, Mindful Finance Institute, Natural Capital Coalition, RepRisk, Responsible Finance & Investment Foundation, ShareAction, SITAWI Finance for Good, Spanish Banking Association, Spanish Confederation of Savings Banks (CECA), Sustainable Inclusive Solutions, THAIPAT, TIER, UK Finance, UK Islamic Finance Council, World Savings and Retail Banking Institute (WSBI-ESBG).

About the Principles for Responsible Banking

The Principles for Responsible Banking have been developed by the banking industry itself, together with the United Nations Environment Programme Finance Initiative (UNEP FI) – a UN-private sector collaboration that includes membership of more than 240 finance institutions around the globe. In an era of increased expectations for banks to support and meet the sustainability goals and standards set by their customers, clients, investors and society-at-large, these Principles define what it means to be a “responsible bank.”

The Principles for Responsible Banking guide a bank to integrate sustainability across all its business areas – from strategic to portfolio to transaction levels. In so doing, they support banks to remain competitive today and into the future, while ensuring that banks create value for both their shareholders and society.

They have been designed to enable all banks to implement them, no matter their specific context or whether the bank is only beginning to integrate sustainability into its business. The transparency and accountability mechanisms of the Principles for Responsible Banking require banks to manage what matters most, set public targets and report back on progress.

More information:

Access newly released official technical documents of the Principles for Responsible Banking

Become a Signatory of the Principles for Responsible Banking before 22 August to become a Founding Signatory

Register to attend public launch of the Principles on 23 September

Learn about the Principles for Responsible Banking

Sign up to receive our latest news and information!

Webinar: High level Guidelines for Banks on the Application of the EU Taxonomy

16 July 2019 | Webinar

 

This webinar, jointly hosted by UNEP FI and the European Banking Federation will provide insights into the application of the EU Taxonomy for banks that wish to apply the taxonomy for banking activities on a voluntary basis.

Driving Change, Realizing Impact: Launching the Principles for Responsible Banking

23 September 2019 | New York City

Click here to watch the recording of the event

View event photos here

The highly anticipated Principles for Responsible Banking were publicly launched by their 30 Founding Banks on September 23rd, at a high-level event hosted at BNP Paribas — during the United Nations General Assembly.

The event brought together bank CEOs and global thought leaders, as well as environmental and sustainable development experts to explore the implementation and impact potential of the newly launched Principles for Responsible Banking.

The event had approximately 350 attendees, including 20+ bank CEOs, bank sustainability leads, investors, stakeholders, policy makers & regulators, academia, civil society organizations and international media.

Agenda for PRB launch

09:30-10:00Arrival/coffee
10 :00-10:08Opening Remarks from the Core Group of Founding Banks
Jean-Laurent Bonnafé - CEO, BNP Paribas
10 :08-10:15Opening Remarks from UN Side
Eric Usher - Head, UNEP Finance Initiative
10 :15-10:25Keynote: Keynote: A New Era for Banking
Hiro Mizuno - Chief Investment Officer, GPIF
10 :25-10:35The Principles for Responsible Banking
Simone Dettling - Banking Lead, UNEP FI
10 :40-11:35International CEO Panel I: The Future of the Banking Industry
Guy Cormier - CEO, Desjardins
Karsten Dybvad - Chairman, Danske Bank
Norihiko Kato - CEO, Golomt Bank
Keith Mestrich - CEO, Amalgamated
Konehali Manana Gugushe - Acting CEO, Land and Agricultural Development Bank of South Africa
Peter Blom - CEO, Triodos Bank
Ravneet Gill - CEO, Yes Bank
Dmitry Gusev - CEO, Sovcombank
Arif Khan - CEO, IDLC
Adembola Adebise - CEO, WEMA Bank
•Moderator: Martina Fuchs -Senior Business Reporter, CGTN
11 :35-12:30International CEO Panel II: Implementing the Principles for Responsible Banking
Herbert Wigwe - CEO, Access Bank
Olaug Svarva - Chairwoman, DNB
Ralph Hamers - CEO, ING
Joshua Nyamweya Oigara - CEO, KCB Group
Lilja Björk Einarsdóttir - CEO, Landsbankinn
François Riahi - CEO, Natixis
Adeyemi Odusanya - CEO, Keystone Bank
Casper Wilhelm von Koskull - CEO, Nordea
Sola David-Borha - CEO, Standard Bank Africa
12 :30-13:30Lunch
13 :30-14:15Technical Round Table 1: Identifying your “area of most significant impact”
Dimitrios Dimopulos - Director, Sustainability Unit, Piraeus Bank
Omobolanle Victor Laniyan - Head of Sustainability, Access Bank
Léon Wijnands - Global Head of Sustainability, ING
•Moderator: Tumelo Puleng Ndjwili-Potele -Banking, UNEP FI
14 :15-15:00Technical Round Table 2: Setting targets contributing to sustainable development and climate goals
Antoni Ballabriga - Global Head of Responsible Business, BBVA
Paul Taylor - Global Head of Shipping Finance, Societe Generale
Wendy Dobson - Head, Group Policy, Advocacy, and Sustainability, Standard Bank
Siobhan Toohil - Group Head of Sustainability, Westpac Group
Kaj-Martin Georgsen - Head of Corporate Responsibility and Public Affairs, DNB
15 :00-15:30Coffee Break
15 :30-16:15
Technical Round Table 3: Innovation to meet clients’ needs in the transition to a sustainable economy
Laurence Pessez Hublot - Group Corporate Social Responsibility Director, BNP Paribas
Davida Heller - Senior VP, Corporate Sustainability, Citi
Karen Degouve - Head of Sustainable Business Development, Natixis
Namita Vikas - Group President & Global Head, Climate Strategy & Responsible Banking, Yes Bank
Morgan Despres - Head, Secretariat, Network for Greening the Financial System (NGFS)
•Moderator: Simone Dettling -Banking Lead, UNEP FI
16:15-16:30Closing keynote: Inspiring forward-looking words by a Youth Leader

You are invited to attend this event by the 30 Founding Banks of the Principles for Responsible Banking:

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About the Principles for Responsible Banking

The Principles for Responsible Banking provide the framework for a sustainable banking system in which a bank’s business strategy is aligned with society’s goals, and guide banks in demonstrating how they are making a positive contribution to society – an increasing expectation of their customers, clients, employees and investors, as well as society-at-large.

Find out more here.

 

34 Bank CEOs from around the globe now attending launch of ‘Principles for Responsible Banking’ during UN General Assembly

26 June 2019

26 June 2019, Geneva – The number of banks worldwide lined up to become an official “Signatory” of the highly anticipated Principles for Responsible Banking has now jumped to 69 representing all continents.

The Principles for Responsible Banking are set to launch on 22 September 2019 at the United Nations (UN) Headquarters, during the UN General Assembly – the annual meeting of the world’s Heads of State. To date, 34 bank CEOs have confirmed that they will be personally participating in the high-level launch event.

An extensive six-month public consultation process for the Principles for Responsible Banking closed on 31 May. It included the cumulative participation of more than 500 stakeholders through 17 webinars, 36 live meetings and events held across 34 countries, and individual engagement in the online feedback system. Through this participatory process, more than 250 banks provided inputs into shaping the Principles for Responsible Banking along with civil society, other financial institutions, banking associations, technical experts and others.

A preliminary compilation of the feedback received through March, as well as the responses and actions taken, is now available, while the full feedback compilation will become available in August.

Latest banks joining this month the now 69 endorsers of the Principles for Responsible Banking include: Banco Guayaquil, Banco Hipotecario, Bankia, Beneficial State, Desjardins, Eurobank, IDLC, LABORAL Kutxa, Maha Agriculture Microfinance, and Produbanco.

They join the 28 endorsing Founding Banks: Access Bank, AAIB, Banco Pichincha, Banorte, Barclays, BBVA, BNP Paribas, Bradesco, CIB, CIMB, First Rand, Garanti, Golomt Bank, Hana Financial Group, ICBC, ING, KCB, Land Bank, National Australia Bank, Nordea, Piraeus, Santander, Shinhan, Standard Bank, Societe Generale, Triodos, Westpac and Yes Bank.

Additional endorsing banks, to date, are: ABN AMRO, Alex Bank, Amalgamated Bank, Arion Bank, Banco Galicia, Banco de Fomento Agropecuario, BCC Grupo Cooperativo Cajamar, BMCE, Caixa, Danske Bank, DGB Financial Group, GLS Bank, Itaú Unibanco, Jyske Bank, Julius Baer,  KBC Group, KB Financial Group, Keystone, La Banque Postale, Landsbankinn, Natixis, Polaris Bank, SpareBank 1 Østlandet, Standard Chartered, Sumitomo Mitsui Financial Group, Sumitomo Mitsui Trust Holdings/Bank, WEMA Bank, Zenith Bank.

The Principles for Responsible Banking have also been endorsed by a growing number of other stakeholders, including: BBVA Microfinance Foundation, Central Bank of Greece, Chartered Banker, Ethical Finance Hub, European Association of Co-operative Banks, Dutch Banking Association (NVB), European Banking Federation, Finance Finland, European Financial Congress, Institute for Social Banking, Latvian Financial Sector Association, Luxembourg Bankers’ Association, Mesa de Finanzas Sostenibles de Paraguay, Mindful Finance Institute, Natural Capital Coalition, RepRisk, Responsible Finance & Investment Foundation, SITAWI Finance for Good, Spanish Banking Association, Spanish Confederation of Savings Banks (CECA), Sustainable Inclusive Solutions, THAIPAT and UK Islamic Finance Council.

About the Principles for Responsible Banking

The Principles for Responsible Banking have been developed by the banking industry itself, together with the United Nations Environment Programme Finance Initiative (UNEP FI) – a UN-private sector collaboration that includes membership of more than 240 finance institutions around the globe. In an era of increased expectations for banks to support and meet the sustainability goals and standards set by their customers, clients, investors and society-at-large, these Principles define what it means to be a “responsible bank.”

The Principles for Responsible Banking guide a bank to integrate sustainability across all its business areas – from strategic to portfolio to transaction levels. In so doing, they support banks to remain competitive today and into the future, while ensuring that banks create value for both their shareholders and society.

They have been designed to enable all banks to implement them, no matter their specific context or whether the bank is only beginning to integrate sustainability into its business. The transparency and accountability mechanisms of the Principles for Responsible Banking require banks to manage what matters most, set public targets and report back on progress.

More information:

Confirm your bank’s CEO participation in the 22 and 23 September launch events before 25 July

Download the CEO Guide to the New York City launch events on 22-23 September 2019

Learn about the Principles for Responsible Banking

Become a Signatory of the Principles for Responsible Banking

View banks’ endorsement statements

 

For Editors:

More information available in the Media Centre

The United Nations Environment Programme Finance Initiative (UNEP FI) is a partnership between United Nations Environment and the global financial sector created in the wake of the 1992 Earth Summit with a mission to promote sustainable finance. More than 240 financial institutions, including banks, insurers and investors work with UN Environment to understand today’s environmental, social and governance challenges, why they matter to finance, and how to actively participate in addressing them. www.unepfi.org

Regional Roundtable on Sustainable Finance in Latin America and Caribbean 2019

14-15 October 2019 | Sao Paulo, Brazil

AGENDASPONSORS & PARTNERSSPEAKERSVENUE

The UNEP Finance Initiative Regional Roundtable in Latin America and the Caribbean will be held on the 14-15 October 2019 in São Paulo, Brazil, which will bring together UNEP FI members and sustainable finance practitioners for two days of insights into advances in sustainable finance.

The two-day event, co-organised with the Brazilian Federation of Banks (FEBRABAN), will feature a mix of high-level plenaries and keynotes from public and private sector leaders in sustainable finance, as well as technical sessions covering approaches to sustainability in investment, insurance and banking. The Roundtable will enable participants to network with policy makers, regulators and peers from across the finance industry in Latin America and the Caribbean as well to exchange ideas and experiences to help advance sustainable finance in the region.

This event is now sold out.

Agenda for LAC Regional Roundtable

08:00–09:00Registrations
09:00–09:20Welcome & Opening Remarks
Murilo Portugal - President, FEBRABAN
Eric Usher - Head, UNEP Finance Initiative
09:20– 09:35Keynote 1
Gema Sacristan - Chief Investment Officer, IDB Invest
09:35– 10:00 High-level dialogue: Role of Development Banks in Mobilizing the Private Sector for Sustainable Development
Mauricio Velasquez - Principal Executive of Green Business, CAF
Gema Sacristan - Chief Investor Office, IDB Invest
• Moderator: Eric Usher - Head, UNEP Finance Initiative
10:00– 11:10Plenary 1: Integrating Social and Environmental Risk in Latin America and Caribbean
Daniel Orellana - Environmental Officer, Banco Hipotecario
Gladis Ribeiro - Senior Environment and Social Specialist, IFC
Christopher Wells - Global Head of Environmental & Social Risk, Santander
Alfonso Galarce Jaramillo - Head of Climate Financing and Negotiation Department, Climate Change Division, Ministry of the Environment, Chile
•Moderator: Annelise Vendramini - Sustainable Finance Program Coordinator, FGV
11:10– 11:30Coffee break
11:30– 12:40Plenary 2: The Role of Regulation for the Financial Sector in Creating a Sustainable Economy
Genaro Segura - General Director, Financial Supervisor of Costa Rica
Mariana Escobar - Superintendent, Financial Supervisor of Colombia
Adalberto Felinto - Executive Secretary, Central Bank of Brazil (BACEN)
Mario Sergio Vasconcelos - Sustainability and Marketing Director, FEBRABAN
•Moderator: Sebastian Sommer - Green Finance Project Director, GIZ
12:40– 14:00Lunch
14:00– 15:10Session 1: Principles for Responsible Banking
Julia Spinasse - Corporate Sustainability Manager, Bradesco
Nelson G Rivas - General Manager and Chief Sustainability Officer, Banco BFA
Pablo Cortinez - Business and Environmental Lead, WWF (Argentina)
•Moderator: Maria Eugenia Sosa Taborda - Latin America Network Coordinator, UNEP FI


Session 2: Climate Goals: from TCFD to Portfolio Alignment
(lending and investment)

Renato Eid - Portfolio Manager, Itaú Asset Management
Beatriz Stuart Secaf - Sustainability Advisor, FEBRABAN
Marcelo Seraphim - Head of Brazil, PRI
Lauro Marins - Executive Director, CDP Latin America
•Moderator: David Carlin -Climate Change, UNEP FI
15:10– 16:20Session 3: Plastics and Sustainable Blue Economy Finance (led by WWF)
Butch Bacani - Programme Leader at UN Environment’s Principles for Sustainable Insurance Initiative
Liesel van Ast - Membership & Regional Coordination Manager, UNEP FI
David Falcon Director, Sustainability, Brand and Reputation, Deloitte Chile
• Moderator: Elizabeth Aceituno - Finance Specialist, WWF
Session 4: The Energy Transition & Climate Goals in the context of Latina America and Caribbean
Gabriel Guedes - Credit Director, Itaú Unibanco
Laura Ramirez - Programme Manager Emerging Markets, 2 Degrees
Guilherme Arantes Manager, Energy Sector, BNDES
Raul Pomares -Founder, Sonen Capital
•Moderator: Sergio Leitão -Executive Director, Instituto Escolhas
16:20– 16:50Coffee Break
16:50– 18:00Session 5: Green, Social & Sustainability Bonds (led by IDB)
Joaquin Guajardo Beroíza - Advisor of International Finance, Ministry of Finance, Chile
Valeria Rosales - Sustainability Manager, Banistmo S.A.
Thatyanne Gasparotto -Program and Relationship Manager for Brazil, Climate Bonds Initiative
Odivan Cargnin - CFO, Celulose Irani
•Moderator: Maria Netto - Climate Change Lead Specialist, IDB Group
Session 6: Sustainable Infrastructure and Green Cities (led by CAF)
José Rafael Neto - Senior Executive, CAF
Luiz Correa Noronha - BRDE
Ivo Gomes - Mayor of Sobral, Ceará, Brazil
Pablo Lloret - Fundación Futuro Latino Americano - Programa Huella de Ciudades
Gustavo Manrique - Sambito S.A.
•Moderator: Mauricio Velasquez - Executive Director of the Department of Environment and Climate Change, CAF
18:00Closing RemarksClosing Remarks
18:05Cocktail - Sustainable Stock Exchange – 10 Year anniversary
Sonia Favaretto Sustainability
Director, B3, President, Brazilian Global Compact Network and SDG Pioneer-

Olga Cantillo - Executive Vice President and General Manager of the Bolsa de Valores de Panamá, S.A.
08:00– 09:00Registrations
09:00– 09:05Welcome & Opening Remarks
09:05– 09:20Keynote 1
Alexandre da Silva Glüher - Member of the Board, Bradesco
09:20– 09:35Keynote 2
Jean Pierre Dupui - VP Corporate and Investment Banking, Santander
09:35–10:40 Plenary 1: Financial mechanisms to finance theUN Sustainable Development Goals (led by Global Compact)
Karine Bueno - Head of Sustainability, Santander
Leo Letelier -Founder and CEO, Sitawi
Sandra Abella - Regional Director, Eco Business Fund
José Alexandre Vasco - Director of Investor Protection and Assistance Office, CVM
•Moderator: Sonia Favaretto - Sustainability Director, B3, President, Brazilian Global Compact Network, SDG Pioneer
10:40–11:00Break
11:00–12:00Plenary 2: Financial Education and Inclusion to Leverage our Economy
Walter Savaglia - Digital Channels Manager, Itaú Unibanco
Miguel Achury Jiménez - Vice President of Planning and Institutional Development, Bancamía
Patrícia Coimbra - Human Capital, Administrative and Sustainability Vice President, SulAmérica Insurance Brazil & Member of UNEP FI Global Steering Committee
Fabiola Benotti - Investor Education Lead, ANBIMA
•Moderator: Marina Cançado - CEO, Converge Capital
12:00–13:00Plenary 3: Deforestation Risks and Sustainable Land Use Finance
Nelson Rivas - General Manager, Banco de Fomento Agropecuário
Thais Fontes - Sustainability Manager, Rabobank
Mirta Martinez Bazzano - General Manager, Roundtable for Sustainable Finance, Paraguay
Angelo Gurgel - Member of Coalizão Brasil Clima, Floresta e Agricultura
•Moderator: Roberta Simonetti - Sustainable Finance, WWF
13:00End of UNEP FI Regional Roundtable
13:00–14:30Lunch
14:30- 17:30Side-Event: Sustainable Business Opportunities in the Brazilian Amazon (Led by UN Environment)
Location: Room 2
Workshop: How to implement and set targets considering Principles for Responsible Banking (only for UNEP-FI members)
Location: Plenaria

Liesel van Ast - Membership & Regional Coordination Manager, UNEP FI
Maria Eugenia Sosa Taborda - Latin America Network Coordinator, UNEP FI
14:30- 14:50Welcome & Opening Remarks
Denise Hamu - Representative of Brazil, UNEP
Aline Tristao - Executive Director, Forest Stewardship Council (FSC)
• Recap about PRB and key steps for implementation
14:50- 15:30Key Speaker
Public Forest Concessions as a model of sustainable forest-based development
Paulo Carneiro - Director of Forest Concessions, Brazilian Forest Service (SFB)

• Step 1 - Impact Analysis: Presentations and Debate
15:30- 17:30 Panel: Business opportunities related to Sustainable Forest Management
Value Chain of Sustainable Forest Management operations in Mato Grosso State
Jorge Andre Gildi dos Santos - Banco do Brasil -

Opportunities and challenges of doing business with public forest concessions
Justiniano Netto - Associação Brasileira dos Concessionários Florestais

Innovation opportunities in the bioeconomy of forest resources
Lilian Figueiredo - FINEP (the Brazilian Governmental Agency for Funding Studies and Projects)
• Step 2 – Target Settings: Presentations and Debate

• Step 3 - Accountability

• Bank Presentations by Bradesco and Itau

• Q&A
08:00-09:00Registration and refreshments
09:00-09:30Welcome remarks
Patricia Coimbra - Head of Sustainability, SulAmérica
Paulo Roberto Miller Fernandes Vianna Junior - Brazilian Superintendence for Private Insurance (SUSEP)
Pedro Pinheiro - Sustainability Superintendent, Brazilian Insurance Confederation (CNseg)

09:30-10:00Keynote presentation
How is the PSI shaping the global sustainable insurance agenda?
Butch Bacani - Programme Leader at UN Environment’s Principles for Sustainable Insurance Initiative
10:00-11:00Workshop 1: Integrating Environmental, Social and Governance (ESG) risks in non-life insurance business
Helga Tomagnini - Superintendent of Business Strategy and Risk Engineering, MAPFRE Brazil
Butch Bacani - Programme Leader at UN Environment’s Principles for Sustainable Insurance Initiative
11:00-11:20Break
11:20-12:10Workshop 2: Launch of the PSI-WWF-UNESCO Global Guide to protect World Heritage Sites
Butch Bacani - Programme Leader at UN Environment’s Principles for Sustainable Insurance Initiative
Marco Tormen - Advisor Sustainable Finance, WWF Switzerland
Isabel Ponce de León - Senior Underwriter Agriculture, Swiss Re
12:10-13:00Workshop 3: TCFD and the insurance industry: Evolving market and supervisory practices
Gustavo Pimentel - Managing Director, Sitawi
Joe Capp - Vivid Economics
• Moderator Butch Bacani - Programme Leader, UN Environment (moderator)
13:00-14:00Lunch
14:00-14:20Group Photo
14:20-15:20Workshop 4: Shaping the agenda for the life & health insurance industry and sustainable development
Erika Fuga - Director of Health Claims, SulAmérica
Jair de Almeida Lacerda Jr - Director, Bradesco Vida e Previdência
Nilton Molina - President, Board of Directors, Mongeral Aegon
Butch Bacani - Programme Leader at UN Environment’s Principles for Sustainable Insurance Initiative
15:20-15:50Break
15:50-16:50Workshop 5: Developing sustainable insurance roadmaps: Aims and trends
Paulo Roberto Miller Fernandes Vianna Junior - Brazilian Superintendence for Private Insurance (SUSEP)
Pedro Pinheiro - Sustainability Superintendent, Brazilian Insurance Confederation (CNseg)
Butch Bacani - Programme Leader, UN Environment (moderator)
16:50-17:00Closing remarks
Butch Bacani - Programme Leader at UN Environment’s Principles for Sustainable Insurance Initiative
Workshop: Climate Risks and TCFD Recommendations
Date: October 16th, 2019
Time: 09:00-13:00
Further detailed information to be announced soon
Collaborating with CAF
Register here
Find out more