In 2019, a pioneering group 130 global banks became signatories to the UN Principles for Responsible Banking (PRB). Seven years on, that cohort is now over 350 institutions—representing more than 85 countries and over half the world’s banking sector by value.
As part of the UN Responsible Banking Community, PRB signatories are shaping market practice and convening with key actors for systemic change. By engaging their banks’ sustainability, risk and commercial teams, signatories strengthen banking sector resilience, as well as enable and accelerate real economy transition.
Spotlighting that momentum and further demonstrating the progress signatories have made, new research from MSCI* shows them outperforming their peers:
- 66% of PRB banks are rated sustainability leaders vs. 28% of non-PRB banks.*
- Almost 90% of PRB banks offer sustainability-related financial products vs. 46% of non-PRB banks*
- PRB banks are 5x more likely to adopt specific environmental credit-risk policies than non-PRB banks*
* Disclaimer: This content has benefited from and been informed by external analysis undertaken by the MSCI Institute using data from MSCI Solutions LLC. Such analysis is carried out using each provider’s own data, terms, methodologies and assumptions, for which we cannot take credit or liability. External analysis is shared in varying forms and occasionally on a limited basis.
Join us in celebrating #7YearsofthePRB – seven years of achieving more, together.
Seven Years of the Principles for Responsible Banking
Click to view the full infographic to commemorate seven years of Principles for Responsible Banking progress.
“Over the past seven years, the Principles for Responsible Banking have helped turn ambition into action across the global banking sector. As part of the UN Responsible Banking Community, member banks have advanced market practice, strengthened sustainability leadership, and built momentum for addressing shared challenges. We congratulate member banks on the progress achieved to date and look forward to continuing to drive ambition and innovation in the global banking sector.”
Eric Usher, Head, UNEP FI
