Join the growing number of banks and financial institutions who have already become “Endorsers” of the Principles for Responsible Banking
“Every bank should become a signatory, and all regulators, investors, policy makers and civil society should support the banking industry as it adopts and implements the Principles for Responsible Banking.”
~ Christiana Figueres, convener Mission 2020 and former Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC)
The more banks become “Endorsers” of the Principles, and then “Signatories” when the Principles officially launch on 22 September 2019, the greater impact the banking industry will have in leading society to meet its goals for a sustainable and equitable future.
Other key stakeholders such as banking associations, regulators, investors and civil society organizations can also support the initiative by becoming an “Endorser”.
As of today, the Principles for Responsible Banking are supported by 55 banks across the globe — including their 28 Founding Banks.
The Founding Banks:
Additional banks that have become “Endorsers” of the Principles:
Stakeholder “Endorsers” of the Principles:
Why become an “Endorser”
Becoming an “Endorser” sends a public signal of your support for the Principles for Responsible Banking.
As a bank, it shows that you aspire to align your business strategy with society’s goals. And as a supporting institution, endorsing demonstrates your commitment to a more sustainable banking system.
Bank “Endorser” of the Principles:
Banks are encouraged to endorse the Principles for Responsible Banking before they are available to sign on 22 September 2019. Banks that endorse the Principles are recognized here on the UNEP FI website.
It shows that your bank is:
- Supportive of the initiative to establish the Principles for Responsible Banking.
- Intends to sign the Principles within six months of the final Principles becoming available for signature.
What is required for banks:
Your CEO signs a letter of endorsement.
Your bank publicly announces its endorsement, with a quote from your CEO.
After September 2019, there is no “Endorser” status for banks. From then, banks will become a “Signatory”, committing to implementing the Principles.
Banks that are signatories to the Principles for Responsible Banking will become members of UNEP FI, and will benefit from the collaborative membership base and implementation support (UNEP FI membership).
Stakeholder “Endorser” of the Principles:
Other institutions such as banking associations, investors, regulators/policymakers and civil society organizations are encouraged to endorse the Principles. Stakeholders that endorse the Principles will be listed on the UNEP FI website.
Becoming an Endorser shows you are supportive of the initiative to establish the Principles for Responsible Banking.
What is required for stakeholders:
You formally agree to communicate your support for the Principles initiative and promote the Principles in your network. This may be encouraging organizations to take part in the global consultation, co-hosting events or promoting the adoption of the Principles. Formal requirements:
- Your leadership signs a letter of endorsement for stakeholders
- Your organization publicly announces its endorsement.