Programme Leader, UN Environment’s Principles for Sustainable Insurance Initiative, UNEPFI
Programme Leader at UN Environment’s Principles for Sustainable Insurance Initiative (PSI). Butch Bacani leads UN Environment’s Principles for Sustainable Insurance Initiative (PSI), the largest collaboration between the UN and the insurance industry. Endorsed by the UN Secretary-General and insurance industry CEOs, the PSI is a global framework and initiative for the industry to address sustainability issues—as risk managers, insurers and investors—and to build resilient, inclusive and sustainable communities and economies. Butch leads activities supporting the UN Sustainable Development Goals, Paris Agreement on Climate Change, and the Financial Stability Board’s climate risk disclosure recommendations (TCFD). He co-led the development of the first global sustainability guide for insurance underwriting, led the creation of the Insurance Industry Development Goals for Cities, forged the PSI’s partnership with the world’s microinsurance community, and co-led the creation of UN Environment’s Sustainable Insurance Forum for regulators. Butch is involved in the InsuResilience Global Partnership, Vulnerable 20 Group of Finance Ministers, Sustainable Blue Economy Finance Initiative, Insurance Development Forum, and California’s Climate Insurance Working Group. Butch led the global process that created the PSI in 2012, and UN Environment’s insurance and investment programmes from 2006 to 2010. He has shaped global insurance industry initiatives to address climate change, disaster risks, tobacco risks, illegal fishing, and plastic pollution; and to protect World Heritage Sites. Butch has authored pioneering studies on sustainable insurance and responsible investment. Previously, he was in the insurance industry for over a decade, working with leading insurers and reinsurers worldwide.