National Bank of Canada

Company Profile National Bank of Canada serves the financial needs of individuals, businesses, institutional clients and governments across Canada. Founded in 1859, the Bank is one of Canada’s six systemically important banks and among the most profitable banks on a global basis by return on equity. Headquartered in Montreal, the Bank has more than 23,000 […]

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

                January 2017 The PRI, UNEP FI and The Generation Foundation have launched the Canada roadmap for Fiduciary Duty. The roadmap is the culmination of extensive consultation with regulators, investors, policy makers and attorneys across Canada. It makes a series of recommendations to enable the market-wide adoption of ESG integration. The recommendations address the following […]

Fiduciary Duty in the 21st Century: Australia, Brazil, Canada, UK and US Roadmaps

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 recommendations address the following core […]

Royal Bank of Canada

Company Profile Royal Bank of Canada (RBC) is Canada’s largest bank as measured by assets, and is one of North America’s leading diversified financial services companies. It provides personal and commercial banking, wealth management services, insurance, corporate and investment banking, and global transaction processing services. The company employs approximately 70,000 people who serve more than […]

Fiduciary Duty in the 21st Century Final Report Launch – London

Join UNEP FI and the PRI for the London final report launch of the Fiduciary Duty in the 21st Century programme on Friday, November 22, at 1500 GMT, hosted by The Generation Foundation.

The Fiduciary Duty in the 21st Century programme was launched in 2016 to end the debate on whether fiduciary duty is a legitimate barrier to the integration of environmental, social and governance (ESG) issues in investment practice and decision-making. Over the past four years, the programme has produced extensive evidence on the subject and has advocated for global policy reform to clarify fiduciaries’ duties to their beneficiaries.

An updated look at Fiduciary Duty in the 21st Century: incorporation of ESG issues required and increasingly clarified in regulation

UNEP FI and the PRI provide an updated look at Fiduciary duty in the 21st Century with the release of its final report. In 2014, the PRI, UNEP FI and additional UN partners identified the misinterpretation of fiduciary duties as the primary barrier to environmental, social and governance (ESG) incorporation in investment practice. The Fiduciary […]


Mr. Cormier is a graduate of École des hautes études commerciales (HEC Montréal), where he earned both a bachelor’s degree and an MBA. He also taught finance there for nearly 8 years. He has been with Desjardins since 1992, first as general manager of several caisses within the network and then as Vice-President of Cooperative Network Finance from […]

UNEP FI launches paper on adaptation finance for the Global Commission on Adaptation

17 July, 2019, Geneva – A recent United Nations report estimated that it will take $140 to 300 billion to strengthen the resilience of societies and economies to climate change, and reduce the vulnerability of the planet’s natural resources. To accelerate adaptation action around the globe, the Global Commission on Adaptation (GCA) was launched in […]

The SDGs won’t be achieved without a holistic approach to impacts by business and finance.

The world’s governments will gather from 9 July for the High-Level Political Forum, an annual United Nations gathering to review progress towards the Sustainable Development Goals. They will certainly, as they have in the past, flag the high costs of achieving the SDGs, re-iterate their aim to “leave no one behind”, and call on the […]

Sustainable Insurance Forum meeting

The Sustainable Insurance Forum (SIF) is a global network of insurance supervisors and regulators working together to strengthen responses to sustainability challenges facing the insurance sector. Launched in December 2016, the SIF provides a platform for international collaboration among supervisors, facilitating knowledge sharing, dialogue, and uptake of policy innovations. This SIF is convened by United Nations Environment Programme (UNEP), which serves as its Secretariat. 


Ms. Helen Huang Xiaoyi, MBA of Schulich Business School, York University, Canada. Ms. Huang used to be financial analyst of TD Securities Canada, CFO of Acthop Ltd. Hong Kong/Los Angeles. She joined Hwabao WP Fund since May 2003. Ms. Huang is General Manager of Hwabao WP Fund while holding concurrent post of Deputy President of […]

RI Europe

UNEP FI is pleased to support this annual two-day conference which provides a unique opportunity to learn, share and debate responsible investment issues with 700+ investment professionals from across the globe. Engage with Europe’s largest investors on key themes affecting local markets and the rest of the world. Thought-leaders from across the institutional investment sector as well as academic researchers will come together to debate key issues.

Signatory CEO Statements

130 banks around the world have signed the Principles for Responsible Banking. Here you can find the complete list of Founding Signatories to the Principles for Responsible Banking.  Below are statements made by bank CEOs about becoming a Signatory: Francisco Botas, CEO, ABANCA“Corporate social responsibility is a strategic priority for ABANCA and our goal is […]

Canadian members meet in Toronto for launch of TCFD guidance for investors and to discuss latest developments in region

TD Bank Group hosted a meeting of UNEP Finance Initiative’s Canadian members in Toronto on 10th of May. The meeting was chaired by Nicole Vadori, Associate Vice President and Head of Environment, TD and attended by Eric Usher Head of UNEP FI. More than 30 representatives from members in Canada attended. Maz Moini, Chief Operating […]


Ms. Joyce Msuya was appointed by United Nations Secretary-General António Guterres to United Nations Environment Programme (UN Environment) on 15 August 2018. Prior to joining UN Environment, Ms. Msuya served as Adviser to the World Bank Vice President, East Asia and Pacific Region in Washington, D.C. She brought to the position more than 20 years […]

UNEP FI Information Center on TCFD

Welcome to the UNEP FI Task Force for Climate-Related Financial Disclosures Information Center. UNEP FI is actively working with Banks, Investors, and Insurers through various pilot groups to co-develop methodologies and approaches in implementing the recommendations of the TCFD. On this page, you’ll find a collection of internal and external resources that will help you […]


Sami has extensive UN experience that covers a wide range of operations from high level management, administration and decision making, to corporate and partner relations, information and technology operations and programmatic management. He worked at UN New York Headquarters, as well as in the Hague, Beirut, Hamburg and Nairobi. A Lebanese-Canadian national, Sami earned his […]

Canadian Imperial Bank of Commerce (CIBC)

CIBC is a leading Canadian-based global financial institution. Through its four strategic business units — Canadian Personal and Small Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets — CIBC provides a full range of financial products and services to 11 million individual, small business, commercial, corporate […]