Report – Sustainable Insurance: The Emerging Agenda for Supervisors and Regulators

Key sustainability factors are now recognized as potentially significant for the success, safety and soundness of the insurance sector – inspiring reactions by supervisors and regulators. In its role as risk manager, risk carrier and investor, the global insurance sector plays a cornerstone role in the management of sustainability-related risks and opportunities. The risk transfer […]

The sustainable insurance agenda for regulators and supervisors is emerging

Last June, the Bank of England, the central bank of the UK, released an article on its response to climate change, as part of its second quarter 2017 bulletin. Climate change, and society’s responses to it, present financial risks which impact upon the Bank of England’s objectives. The Bank’s response has two core elements. First, […]

Green Finance Is Flourishing According To Recent UNEP Inquiry Green Finance Progress Report

July 2014 The UN Environment Inquiry into the Design of a Sustainable Financial System (the Inquiry) released their Green Finance Progress Report highlighting some of the progress made on green finance internationally over the last twelve months. While not exhaustive, the Inquiry’s report “indicates that momentum is growing in mainstreaming green finance into the architecture and […]

Blog: Investing in Energy Efficiency gets a boost at G20 Hamburg summit

Energy efficiency has been sitting at the core of sustainability discussions within the G20 for several years, and has emerged as a key consensus area across the G20 countries. UNEP FI’s Martin Schoenberg provides his take on what the recent G20 summit means for energy efficiency investment going forward, and the role of the G20 Energy […]

Aviva endorses Positive Impact Manifesto and Principles for Positive Impact Finance

UNEP FI is pleased to welcome the first insurance company and 22nd financial institution to join the Positive Impact Initiative. Aviva is the UK’s largest insurer with a long-standing tradition of engagement, including with global policy-makers, in relation to the challenge of financing the Sustainable Development Goals (SDGs). “The SDGs have to become a defining element […]

G7 Backs the Sustainable Finance Movement

On Monday 12 June 2017, at the conclusion of a two-day G7 Ministerial Meeting on Environment in Bologna, Italy, the G7 released a communiqué acknowledging “that scaling up sustainable finance is fundamental to achieve sustainability and climate goals”. The G7 also recognized the importance of Small and Medium Enterprises (SMEs) encouraging public-private partnership. The sustainable finance […]

Launch of Japan’s ESG Working Group Report and Green Bond Guidelines

On the back of increasing momentum towards green finance and Environmental, Social and Governance (ESG) investment in Japan, the Ministry of the Environment, Government of Japan established dedicated working groups and has been facilitating discussion amongst experts over the last two years. Two reports were released earlier this year, and now the reports are available […]

Global investors support government action on tobacco control

53 investors, health systems, pension funds and insurers, representing US$3.8 trillion in assets under management, have signed a statement to World Health Organization (WHO) representatives and national health ministers openly supporting stronger regulation around tobacco control. The statement was released today, on World No Tobacco Day – marked every year on 31 May. Its purpose […]

Bonn Ambition: A big step closer to making sustainable cities a reality

The first -ever summit “Insuring Resilient and Sustainable Cities Summit” – convened by the UN Environment’s Principles for Sustainable Insurance (PSI) Initiative and ICLEI – Local Governments for Sustainability – and held on 5 May in Bonn, Germany concluded with the “Bonn Ambition”. “The Bonn Ambition”, which is an agreement between the members and stakeholders […]

Fiduciary Duty in the 21st Century: Launch of Japan Roadmap

The PRI, The Generation Foundation and UNEP FI have launched a series of roadmaps as part of the Fiduciary Duty in the 21st Century initiative. The publications are the culmination of extensive consultation with regulators, investors, policy makers and attorneys across the countries. They make a series of recommendations to enable the market-wide adoption of ESG integration. The Japan roadmap makes recommendations […]

UNEP FI signatory Shinhan Bank launches a new green loan program

On April 6th, Shinhan Bank launched its ‘Green Management Firm Loan Program’ with the South Korean Ministry of Environment and KEITI, a UNEP FI Supporting Institution. The program allots USD 87 million for Eco-friendly Small and Medium Entersprises, and loans are made with interest rates of up to 1.3% lower that existing programs. This is […]

Ring the Bell for Gender Equality to Celebrate Women’s Day: Sustainable Stock Exchanges co-organises global collaboration, launches report on advancing equal opportunities

8 March, 2017 Less than 5% of CEOs at large, listed companies are women, and investors have an important role to play in engaging not only with companies, but also stock exchanges and policymakers on gender equality. At stock exchanges around the world today, on International Women’s Day, opening and closing bells will ring out […]

ABBANK becomes first UNEP FI member in Vietnam

  An Binh Commercial Joint Stock Bank (ABBANK), the fastest growing retail bank in Vietnam, has become the first UNEP FI member in the country. ABBANK prides itself as one of the first banks to adopt the Bank of Vietnam’s directive to promote green credit growth and manage environmental and social risks in financial operations, […]

Mapping corporate governance and ESG concerns in Brazil: Launch of latest Fiduciary Duty Roadmap

February 23, 2017 Recent environmental and corporate governance failures in Brazil and their economic impact have focused the attention of investors, regulators and policymakers more closely on corporate governance issues and the need for greater transparency in financial markets. In response to these concerns, the Principles for Responsible Investment (PRI), UNEP FI and The Generation […]