Sustainability risks such as climate change, nature loss, pollution and social pressures increasingly shape credit quality, asset values and financial stability. Supervisors expect banks to manage these risks through their existing risk frameworks.
This guide from UNEP FI shows how Chief Risk Officers and their teams can tackle these risks through the Principles for Responsible Banking (PRB). The resource outlines why implementing the PRB sits within the risk function’s mandate, maps each of the six Principles to the core elements of risk management and offers practical CRO actions, guiding questions, and case studies from banks around the world.
Intended as a companion to the UNEP FI Risk Centre’s Conceptual Framework for Sustainability Risk Integration, which defines the seven core elements for sustainability risk integration, and The Landscape of Sustainability Risk Integration, which sets out the evidence case for sustainability risk integration, these three resources give risk professionals a coherent path through the Responsible Banking Journey.
- Download the full report
- Download the guidance cheat sheet: A three-page summary of the guidance including: the risk case for the PRB, how the Princples map to the seven core risk elements and what a CRO can do at each stage of integration.
If you’re interested in joining the members-only launch webinar on November 3rd, don’t hesitate to get in touch with Wendy Dobson (mailto:wendy.dobson@un.org) and Oualid Rokneddine (mailto:oualid.rokneddine@un.org).
