Finance sector commits to working together to develop Sustainable Finance Roadmaps for Australia & New Zealand

Finance sector commits to working together to develop Sustainable Finance Roadmaps for Australia & New Zealand Finance sector organisations – including banking, insurance and investment industries, representing over 300 institutions with $10 trillion in assets – have today released a joint statement in support of a sustainable financial system for Australia and New Zealand.

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…

4 examples of best practice to sustainably finance the maritime transportation sector

With the Zero and Low-emission Innovation Forum – co-hosted by the IMO and UNEP – having been held this week, the transformation of the maritime transportation sector is taking centre stage this autumn. In this article we look at some of the leading examples of best practice in social and environmental sustainability across the maritime transportation sector which banks, insurers and investors can seek out.

Global Investor Statement: Investors urge govts to undertake five priority actions before COP26

  14 September 2021 – In the run-up to the most consequential United Nations climate change conference in years, and on the heels of another urgent warning from the world’s leading scientists, a record number of 587 investors with US$46 trillion in assets under management are urging governments to rapidly implement five priority policy actions…

One Earth Climate Model plots possible course for real economy to meet Paris 1.5 °C scenario

COP26 Champions welcome study as enabling rapid net-zero transition Geneva, 10 December 2020 – Based on the 2019 One Earth Climate Model (OECM) by the Institute for Sustainable Futures at University of Technology Sydney (UTS), Sectoral Pathways to Net Zero maps out possible 1.5 °C pathways for five key high-emitting sectors: energy, utilities, materials in…

Fiduciary Duty in the 21st Century programme: Final Activity Report 2015-2019

This report summarises the research and outreach activities carried out under the Fiduciary Duty in the 21st Century programme, convened by UNEP FI and the PRI, with the generous financial support of The Generation Foundation. The final report on Fiduciary Duty in the 21st Century presents the conclusions of the 4-year research and detailed analysis…

UNEP FI Regional Roundtable Europe 2019: Highlights

The UN Environment Programme Finance Initiative (UNEP FI), Luxembourg for Finance (LFF) and Global Landscapes Forum (GLF) joined forces for three days to welcome over 500 sustainable finance professionals to Luxembourg on 28-30 November 2019. The events, co-hosted by the Luxembourg Ministry of Finance and Ministry of the Environment, Climate and Sustainable Development, created a…

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…

UNEP FI launches Sustainable Finance Roadmap for Luxembourg

On October 4 2018, the Minister of the Environment, Carole Dieschbourg, the Minister of Finance, Pierre Gramegna and UNEP FI Head, Eric Usher presented the new “Luxembourg Sustainable Finance Roadmap” and its recommendations. These touch on many facets of the financial market, such as the development of financial products for sustainable finance, the development of…

Launch of the France Roadmap for Sustainable Finance / Lancement de la Feuille de Route Française de la Finance Durable

4 July 2018 (French below) The Fiduciary Duty in the 21st Century programme – launched in 2016 by the Principles for Responsible Investment (PRI), the United Nations Environment Programme Finance Initiative (UNEP FI) and the Generation Foundation – will collaborate with Finance for Tomorrow to publish a “roadmap for sustainable finance in France”. The Fiduciary…

PSI / ICLEI Insurance Industry Development Goals for Cities

After a year-long global consultation involving insurance industry leaders, mayors and other local government leaders, and key stakeholders, the Insurance Industry Development Goals for Cities were launched in Montréal on 22 June at the ICLEI World Congress 2018. The goals set the global agenda for the industry and cities in the context of economic, social and environmental sustainability—or sustainable development.

UNEP FI Honoured with IPE Outstanding Industry Contribution Award

Last month, UNEP FI and the Principles for Responsible Investment (PRI) received the Investments and Pensions Europe 2017 gold award for Outstanding Industry Contribution in recognition of our work on Fiduciary Duty in the 21st Century. Long considered a barrier, the programme seeks to modernise conceptions of fiduciary duty to integrate environmental, social and governance…

Joint Research Project on the Theme of Investor Obligations and Duties and ESG Integration in China

September 2017 The United Nations Environment Programme Finance Initiative (UNEP FI) and the Principles for Responsible Investment (PRI) are partnering with the International Institute of Green Finance (IIGF) of the Central University of Finance and Economics in Beijing on a joint research project on the theme of Investor Obligations and Duties and ESG Integration. Building…

United Nations and world’s microinsurance community unite to achieve sustainable development that leaves no one behind

31 August, 2017 An unprecedented global partnership has been forged to promote inclusive and sustainable insurance markets around the world and to help achieve the UN Sustainable Development Goals. UN Environment Finance Initiative’s Principles for Sustainable Insurance Initiative and the Microinsurance Network join forces to help achieve the UN Sustainable Development Goals. The Microinsurance Network, the…

New 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. As a 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 tools of…

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. As a 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 tools of…

Fiduciary Duty in the 21st Century – Germany Roadmap

The PRI, UNEP FI and The Generation Foundation have published the Germany Roadmap which builds on the report Fiduciary Duty in the 21st Century. Many industry experts involved in this study indicated that ESG integration in Germany is on average less advanced than in neighbouring France, the Netherlands, the UK and Scandinavia. Despite this, momentum…