MSIG ASIA CHAMPIONS BIODIVERSITY CONSERVATION THROUGH THREE-YEAR PARTNERSHIP WITH CONSERVATION INTERNATIONAL ASIA-PACIFIC
Committed to contribute to the development of a vibrant society and help secure a sound future for the planet, MSIG Asia will be supporting a portfolio of biodiversity conservation initiatives in the Asia-Pacific region that underpin the well-being of millions of people through the water, food, fuel, medicines and climate regulation these ecosystems provide.
Recognising that the sustainability of society depends on business models that conserve Natural Capital1, the partnership will support biodiversity conservation initiatives in the six core markets where MSIG Asia operates across the region – including Hong Kong, Indonesia, Malaysia, Singapore, Thailand and Vietnam, as well as two Pacific nations, Fiji and New Caledonia, which are known as some of the world’s most biodiverse areas, and where CIAP has ongoing conservation initiatives.
This partnership aims to contribute to the conservation of approximately 9,500 hectares of forest (equivalent to about 13,000 soccer fields) and 72,500 hectares of ocean (an area slightly larger than Singapore). These efforts are estimated to help avoid or sequester around 4.7 million tonnes of carbon emissions, equivalent to taking approximately 1 million cars off the road for a year or, around 10.8 million barrels of oil consumed.
“This partnership is a step forward to transform our biodiversity concerns into tangible actions by consolidating our on-ground activities, conservation efforts and communication across Asia to protect, conserve and enhance our Natural Capital with a global non-profit leader that has the expertise and knowledge to create a nature-positive economy,” says Mr Alan J. Wilson, Deputy Head of International Business Department, Mitsui Sumitomo Insurance Co Ltd (Japan).
In Asia, rapid population growth, economic development, unsustainable practices, poorly managed fisheries and deforestation are causing an unprecedented decline in the health of ecosystems. This contributes to the global biodiversity loss crisis2 which reportedly threatens the extinction of one million animal and plant species, in turn threatening human livelihoods.
For over 20 years, Conservation International Asia-Pacific has worked to conserve the region’s most vital remaining natural areas for the benefit of humanity through science, research, financing and essential partnerships with governments, private sector, academics, non-governmental organisations (NGOs) and communities.
“The evidence is clear – thriving economies and healthy communities need healthy natural systems. There is no better time than now to invest in the value of nature for future generations,” said Dr Richard Jeo, Conservation International’s Senior Vice President Asia-Pacific Field Division. “We are proud to partner with MSIG Asia to build resilient, nature-based societies backed by science and innovative solutions.”
The collaboration between MSIG Asia and CIAP will include activities such as biodiversity conservation talks, volunteer efforts and engagement activities within local communities aimed at engaging stakeholders including MSIG’s employees, intermediaries and customers in biodiversity conservation. Please refer to attached Media Factsheet for details on the planned initiatives across the region.
Further championing the biodiversity cause, MSIG Asia today launches a knowledge portal to put a spotlight on biodiversity conservation. The portal will feature informative resources, including a carbon footprint calculator hosted by Conservation International, and educational content that explains biodiversity, its value to people and how it can be maintained and protected. The public can visit the knowledge portal at msig-asia.com/biodiversity.
– END –
MSIG Holdings (Asia) Pte. Ltd.
4 Shenton Way
#27-01 SGX Centre 2, Singapore 068807
About MSIG Asia
MSIG Asia, a subsidiary of Mitsui Sumitomo Insurance Company, Limited and a member of the MS&AD Insurance Group, is Asia's leading general insurance brand with presence in 46 countries globally. The Group is amongst the world’s top 10 non-life insurance groups based on gross revenue. It is the number one Japanese insurer with A+ Stable credit rating. With over 40,000 employees world-wide, MSIG is represented in all ASEAN markets as well as in Australia, New Zealand, Hong Kong, China, Korea, India and Taiwan.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release MSIG ASIA CHAMPIONS BIODIVERSITY CONSERVATION THROUGH THREE-YEAR PARTNERSHIP WITH CONSERVATION INTERNATIONAL ASIA-PACIFIC here
News-ID: 2176675 • Views: 324
More Releases for International
International Conference on Endocrinology
11th Edition of International Conference on Endocrinology, August 9-10, 2018, Madrid, Spain Endocrinology Conferences | Endocrinology Conferences 2018| Endocrinology 2018| Endocrinology and Nutrition Conferences 2018 | Endocrinology and Diabetes Conferences 2018 Euroscicon Ltd., UK is very happy to extend a warm welcome to the dignified and distinguished Nobel lecturers, speakers, delegate and Endocrinology professionals, Specialists, Endocrinology Specialists from around the world, for attending Eleventh Edition of International Conference on
International Oncology Summit
Allied Academies invites all the participants from all over the world to attend 'International Oncology Summit’ during November 27-28, 2017 in Atlanta, Georgia, USA which includes prompt keynote presentations, Poster presentations and Exhibitions. This Summit has the platform to fulfill the prevailing gaps in the transformation of this science of hope, to serve promptly with solutions to all in the need. Allied Academies was founded by Jim and JoAnn Carland and
International Conference on Embryology
International Conference on Embryology Embryology 2017 November 02-03, 2017. Theme: Conceptual History and Techniques in Modern Developmental Biology International Conference on Embryology focuses on human embryology and aims to provide an up-to-date source of information on a variety of selected topics. .The conference will be organized on the theme of Conceptual History and Techniques in Modern Developmental Biology, this conference is going to be held during November 2-3, 2017 at Chicago, USA. Embryology
BBB strengthened international commitment
BBB Umwelttechnik GmbH (BBB) will be attending the ICCI 2013 in Istanbul and the PWEA 2013 in Serock near Warsaw. The technical consulting firm based in Gelsenkirchen and Weiden (Bavaria), is not entering new terrain there: In Turkey and also in Poland BBB has already been active for years. In Turkey, BBB has provided technical assessments (due diligence) of wind energy projects with a total nominal output of more than 330
CORPORATE PARTNERS international and DEMTECH International
CORPORATE PARTNERS international (CPi) forms a strategic alliance with Dem Tech (Spain) to provide direct sales and market access to Southern Europe and Latin American markets for CPi clients and to provide North American market access to Dem Tech clients. Toronto, ON (August 11, 2010) –CORPORATE PARTNERS international, a boutique Canadian based supplier of international sales and M&A services to technology companies , announced today a formal partnership
International Barbecue Award 2011
Weingarten (ehr) - Barbecue – a global trend in a booming market segment. A growth market, subject to important stimuli, thanks to the potential for innovation within the market. A prize for innovation – initiated and organised by FIRE&FOOD, Europe’s N°1 grill and barbecue magazine – has been awarded since 2004. This prize, awarded up until 2008 in co-operation with the Koelnmesse trade fair, has now established itself internationally