2016 Speaker

Untitled Document
Butch Bacani
Program Leader, The UNEP FI Principles for Sustainable Insurance Initiative, United Nations Environmental Program

Butch’s role is focused on developing and executing the global strategy and work programme of the UNEP FI Principles for Sustainable Insurance (PSI) Initiative, the largest collaboration between the UN and the insurance industry. Endorsed by the UN Secretary-General and launched at the 2012 UN Conference on Sustainable Development, the PSI represents a global framework to address environmental, social and governance risks and opportunities.

Butch is currently leading PSI initiatives mobilising insurance industry commitments in support of UN global policy frameworks on sustainable development culminating in 2015, such as the UN Sustainable Development Goals, a universal agreement on climate change, and the Sendai Framework for Disaster Risk Reduction. He is a part of an international expert group convened by the Executive Office of the UN Secretary-General to develop a UN initiative to promote climate-resilient development globally. From 2014-15, together with the UNEP Inquiry into the Design of a Sustainable Financial System, Butch co-led a global consultation on insurance policy and regulatory frameworks, which produced a suite of options to strengthen the alignment between the insurance industry and sustainable development through to 2030. In 2014, he became the insurance lead of an international expert group working with the Chinese government on policy initiatives to green China’s financial system. At the UNEP Finance Initiative (UNEP FI), Butch led the global research, consultation and drafting process that produced the PSI. From 2006-10, he led UNEP FI’s insurance and investment programmes, including its activities with the UN-supported Principles for Responsible Investment Initiative.

Butch has authored pioneering studies on global sustainability issues for insurers, the first global sustainability survey of the insurance industry, global research and insurance industry statements on climate change and disaster risk management, and a legal roadmap on fiduciary duty and responsible investment. Prior to the UN, Butch was based in Asia as the Head of Reinsurance of the Pioneer Group where he spent over a decade working with leading insurers and reinsurers worldwide.