From global to local: Raising the sustainability ambition of the insurance industry
When: Wednesday 4th November
Time: 9-10.30am
Where: Online
Overview
As part of Ireland for Finance strategy and in association with the Department of Finance Sustainable Nation Ireland is organising the third Climate Finance Week Ireland (CFWI) on 2-6 November.
Now in its third year, CFWI has developed into the agenda-setting event on sustainable finance. The theme for 2020 is Investing in a Reslilliant Future and will focus on the tole of Ireland’s International Financial Service sector role in realising Europe’s reviews sustainable finance strategy. In addition to the financing of the European Green Deal, the event will share the approaches being taken at a domestic level to integrating environmental, social and governance (ESG) issues.
The full agenda is available on the Climate Finance Week website.
As part of CFWI2020 programme, November 4th will be Sustainable Finance Development Day. As part of the agenda, there will be a specific event on Sustainable Insurance providing the latest sustainable finance updates to the insurance and banking sectors, highlighting the increasing importance placed on the financing of biodivertsy and what next for Corporate Ireland and her Net Zero Climate Ambitions.
Agenda and Speakers
Welcome: Stephen Nolan, Co-Director, UN Environment Programme (UNEP) Inquiry & Head of Secretariat, UNEP Sustainable Insurance Forum (SIF)
Keynote: How the UN’s Principles for Sustainable Insurance is shaping the sustainability agenda for the global insurance industry, Butch Bacani, Programme Leader, UNEP Principles for Sustainable Insurance Initiative Industry leader
Panel:
- Geoff Summerhayes, Executive Board Member, Australian Prudential Regulation Authority / Chair, UNEP Inquiry convened Sustainable Insurance Forum / Executive Committee Member & Sustainability Champion, International Association of Insurance Supervisors (IAIS)
- Moyagh Murdock, CEO Insurance Ireland
Moderator: Butch Bacani, Programme Leader, UNEP Principles for Sustainable Insurance Initiative Industry leader
Close: Moyagh Murdock, CEO Insurance Ireland
Along with a Supervisors perspective, this event will give an overview to Irish located market participants of the latest sustainable insurance topics and their possible impact. Topics covered include
- ESG risk management frameworks for the insurance business to systematically address spanning a wide range of ESG risks, from climate, biodiversity/protected areas and pollution; to human rights, child labour, controversial weapons
- Linking insurance products and solutions to the SDGs, spanning, for example, agriculture, health, natural ecosystems, emissions reductions
- Net-zero investment portfolios
- Net-zero insurance portfolios (currently being explored)
- Biodiversity & ecosystem risk assessment and insurance solutions
- Sustainable insurance roadmaps