Information about the key milestones met in the implementation of the Principles. This will include key progress reports to mark anniversaries and significant implementation dates.
7 December 2020: Climate Action – Year One in Review
A summary of the progress that the Collective Commitment to Climate Action banks have made and the measures they have taken in the first year since they made their pledge in September 2019.
4 May 2020: Working groups
A series of working groups, composed of representatives from across the signatory banks, have been convened. Each focuses on a different aspect of implementation, including: impact analysis, knowledge sharing, target setting and progress evaluation.
31 March 2020: Launch of Portfolio Impact Analysis Tool
Launch of the Impact analysis tool and guidance for signatory banks to assist with their implementation of the Principles.
23 September 2019: Collective Commitment to Climate Action
With this groundbreaking pledge, Signatories of the Principles are taking tangible steps towards putting into practice their commitment to align their business with international climate goals. It sets out concrete and time-bound actions that banks will take to scale up their contribution to – and align their lending with – the objectives of the Paris Agreement on Climate.
Creating the Principles
The six Principles for Responsible Banking are the result of a unique and extensive process of consultation. The 30 founding signatory banks developed the Principles on behalf of and in consultation with UNEP FI’s member banks. Find out more about the people who developed the Principles.
They were advised by a group of 12 civil society institutions, including Oxfam International, 2 Degrees Investing Initiative and WWF, and a global public consultation involving 250 banks and more than 500 stakeholders, including civil society organizations, regulators and investors from around the world.