News
- Natural Capital Declaration open to signatures
The Natural Capital Declaration is open for endorsement by CEOs of financial institutions - banks, institutional investors, asset managers and (re)insurers. Other parties, including governments, corporations, NGOs, and other civil society members, are can 'support' this declaration.
- Central Bank to Oversee Environmental & Social Risk Management in lending institutions:
UNEP FI delivered training to the Brazilian Central Bank on 30th November 2011, following the recent release of a resolution on banks' responsibility to perform adequate environmental and social risk management. The training was followed by a half-day workshop at the Central Bank, where a cross-section of Brazilian lending institutions were engaged to discuss different approaches and strategies for environmental and social risk management.
- Now Available: UNEP FI Guide to Banking & Sustainability
Understanding and Implementing Sustainability in your Bank based on the UNEP Statement of Commitment by Financial Institutions on Sustainable Development
About
Banking institutions represent the clear majority of UNEP FI’s Membership.
Launched in 2010, the UNEP FI Banking Commission provides a common platform for all Members whose core activity lies in the banking business.
The role of the Commission is to promote the mainstreaming of sustainability best practice across the global banking sector.
The Commission’s approach to sustainable banking involves three core components:
- Risk - systematic identification, analysis and management of ESG risks in banking operations with the goal of avoiding and mitigating environmental impacts, while reducing risk and increasing business performance and enhancing long-term company value;
- Green products & services - understanding the evolving needs of society and markets and developing sustainability-oriented products and services accordingly, so as to support the transition to a more resource-efficient and low-carbon economy;
- Environmental Management - consistent environmental management across the organizations facilities, ranging from energy efficiency and waste reduction to supply chain management and employee engagement, with a view to ‘lead by example’ and promote change in overall corporate culture.
Activities
To date, the Commission’s core areas of focus are:
Awareness-raising - development of an online ”demo” of sustainable banking
Training - oversight and development of UNEP FI’s training offer in the field of sustainable banking.
Training products
UNEP FI has a range of training offerings, both online and in workshop format, covering several themes. For further information on each of these products, please consult the following links:
Board
- Dag Arne Kristensen, Executive Vice President, DnB NOR, Norway
- Harry Papageorgiou, Environmental Manager, EFG Eurobank Ergasias S.A., Greece
- Laura Celia Mendez, CEO Adviser, FIRA, Mexico
- Madeleine Ronquest, Head of Environmental Health and safety management, First Rand, South Africa
- Kim Brand, Director, Environmental Affairs, Scotiabank, Canada
- Rana Kapoor, Managing Director & CEO, Yes Bank, India
Chair
Dag Arne Kristensen, Executive Vice President, DnB NOR, Norway
Contact
Careen Abb
banking [at] unepfi.org
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Climate Change: Risks and Opportunities for the Finance Sector
Environmental & Social Risk Analysis Online Course