Private sector told: “walk the talk” on sustainability, ESG in corporate strategy
MAKATI, 12 November 2021 -- Although sustainability has become the core priority of today’s corporate boards, the need for directors to enhance accountability and operationalize environmental, social and corporate governance (ESG) principles in leadership strategies has outpaced performance. For companies looking to establish their presence for the long-haul, this can only pave the way for a more resilient, high efficiency future. This was the overarching message delivered in the webinar organized by the Institute of Corporate Directors (ICD), the Institute for Climate and Sustainable Cities (ICSC), and The Climate Reality Project Philippines. “In order to survive and thrive over the [...]
Finance ministers of world’s most climate-vulnerable economies establish insurance facility with UN Environment Programme to protect MSMEs
Reposted from the UNEP FI Principles for Sustainable Insurance (PSI) Initiative website. UNEP’s Principles for Sustainable Insurance Initiative to host V20 Sustainable Insurance Facility with initial funding from the German government 19 July 2021—As climate change worsens extreme weather events across the globe, the Vulnerable Twenty Group of Ministers of Finance (V20)—comprising 48 climate-vulnerable economies with a combined population of 1.2 billion people and a 5% share of global emissions—recently reached one of their key climate finance milestones with the establishment of the V20-led Sustainable Insurance Facility (V20-SIF). The V20-SIF was highlighted as one of the V20’s key initiatives in [...]