Principles for Responsible Banking

Banking, Europe, News, Policy, Principles for Responsible Banking | 17 February 2023

UNEP FI reappointed as observer in EU Platform on Sustainable Finance

UNEP FI has been reappointed as an observer in the new mandate EU Platform on Sustainable Finance. This platform seeks to promote dialogue and close cooperation among a wide range of stakeholders from the public and private sector which will be crucial to deliver on the aims of the EU Taxonomy Regulation and ultimately of the European green and the EU climate targets for 2030 and 2050.

Banking, Climate Change, News, Principles for Responsible Banking | 09 February 2023

Principles for Responsible Banking to strengthen climate ambition to meet increased expectations

As the global framework and gold standard for Sustainable Banking, the Principles for Responsible Banking need to continuously evolve in line with increasing ambition and new goals humanity defines. Signatories have made the important decision to strengthen the definition of the Principles’ climate ambition to specify that Signatory Banks, in accordance with the Paris Agreement, are expected to align their portfolios with a 1.5 degrees pathway.