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Banking, News, Principles for Responsible Banking, Social | 21 February 2024

UNEP FI launches newest guidance on Financial Health and Inclusion for banks

The new Principles for Responsible guidance titled, "Driving Impact on Financial Health and Inclusion of Individuals and Businesses: From Setting Targets to Implementation" is set to support financial institutions advance the financial well-being of their customers, by providing a comprehensive framework for financial institutions to build robust strategies, set impactful targets, and implement informed actions to drive impact in the realm of financial well-being and inclusion.

Banking, Principles for Responsible Banking, Publications, Social | 21 February 2024

Driving Impact on Financial Health and Inclusion of Individuals and Businesses: From Setting Targets to Implementation

The new PRB guidance, "Driving Impact on Financial Health and Inclusion: From Setting Targets to Implementation", supports financial institutions prioritising financial well-being by creating common definitions for Financial Health and Inclusion, proposing a Pathway to Impact, and offering standard indicators and methodologies for strategy development and implementation. It provides practical tools to set impactful targets and create robust strategies to promote financial well-being, and tailor action plans to meet the unique needs of individuals and businesses.

Nature, News, Social | 17 January 2024

Gender and nature risk management: A four pillar approach for financial institutions

With over half of the world’s total GDP (circa $58 trillion of economic value) being moderately or highly dependent on nature, the degradation of our natural capital represents an escalating threat to our ecosystems, and to the financial stability of nations and organizations. Since the launch of the Taskforce on Nature-related Financial Disclosures (TNFD), financial institutions have been increasingly recognizing the benefits of assessing and mitigating nature-related capital risks. Yet, the gender component in nature-risk management is often overlooked. In this article, you will discover a four-pillar structure mirroring the TNFD to incorporate gender-responsive strategies in nature-risk management.