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The Insurance Development Forum

The Insurance Development Forum becomes a Supporting Institution of the United Nations Environment Programme Finance Initiative (UNEP FI) Principles for Sustainable Insurance (PSI)

The Insurance Development Forum (IDF) is pleased to announce its commitment to the UNEP FI Principles for Sustainable Insurance (PSI) by becoming a supporting institution. 

Launched at the 2012 UN Conference on Sustainable Development, the UNEP FI Principles for Sustainable Insurance serves as a global framework for the insurance industry to address environmental, social and governance risks and opportunities. 

The principles are aligned with the vision and mission of the IDF and reflect a strategic and focused approach to informing the work of the IDF as it seeks to optimize and extend the use of insurance and its related risk management capabilities to build greater resilience and protection for people, communities, businesses, and public institutions that are vulnerable to disasters and their associated economic shocks.

THE PRINCIPLES 

Principle 1 

We will embed in our decision-making environmental, social and governance issues relevant to our insurance business.

Principle 2 

We will work together with our clients and business partners to raise awareness of environmental, social and governance issues, manage risk and develop solutions.

Principle 3 

We will work together with governments, regulators and other key stakeholders to promote widespread action across society on environmental, social and governance issues.

Principle 4 

We will demonstrate accountability and transparency in regularly disclosing publicly our progress in implementing the Principles 

For further information please see: http://www.unepfi.org/psi/the-principles/