Creating the future of banking
The Principles for Responsible Banking are a unique framework for ensuring that signatory banks’ strategy and practice align with the vision society has set out for its future in the Sustainable Development Goals and the Paris Climate Agreement.
The framework consists of 6 Principles designed to bring purpose, vision and ambition to sustainable finance. They were created in 2019 through a partnership between founding banks and the United Nations. Signatory banks commit to embedding these 6 principles across all business areas, at the strategic, portfolio and transactional levels.
The Principles for Responsible Banking Framework is designed to guide banks throughout their individual Responsible Banking Journeys– from impact analysis and target setting to effective action…and from foundational steps to leading practice.
Integrating four interconnected priority areas – Climate, Nature, Human Rights and Healthy & Inclusive Economies – and three Framework cornerstones – Assessment, Strategy and Action – the PRB Responsible Banking Journey shows how the Principles enable member banks to understand and navigate risks, opportunities and impacts as they progress in their responsible banking journey.
Through the Principles, banks are convened by the United Nations to produce cutting-edge guidance and pioneering tools on key areas of sustainable finance, learn best-practice from their peers, scientists and industry experts, and benefit from individual feedback and reviews as they progress on their sustainability journey.
To learn more, download the overview of the Principles, the Principles for Responsible Banking Implementation Journey or visit the page on implementation.