9 August 2022

Net-Zero Asset Owner Alliance Statement on the draft European Sustainability Reporting Standard E1 Climate change

The UN-convened Net-Zero Asset Owner Alliance, a group of 74 leading investors with $10.6 trillion in assets, supports and warmly welcomes the climate change Exposure Draft from the European Financial Reporting Advisory Group (EFRAG). As noted in the Alliance’s statements on the US SEC and ISSB consultations, the current absence of standardised, comparable and granular…

28 July 2022

Net-Zero Asset Owner Alliance Statement on the ISSB Climate Exposure Draft

The UN-convened Net-Zero Asset Owner Alliance (NZAOA), a group of 74 leading institutional investors managing US$10.6 trillion in assets, supports and warmly welcomes the Exposure Draft IFRS S2 Climate-related Disclosures (Climate Exposure Draft) from the International Sustainability Standards Board (ISSB). NZAOA members have publicly committed – at the CEO level – to decarbonising their investment…

26 July 2022

UNEP FI Response to the IFRS/ISSB General Requirements Exposure Draft

UNEP FI commends the work of the ISSB in developing the General Requirements Exposure Draft (‘GRED’). The standard being developed by the ISSB provides a unique opportunity to equip primary users of general purpose financial reporting with the full breadth of information that is useful to assess enterprise value as a basis for investment choices…

19 July 2022

UNEP FI Principles For Sustainable Insurance 10th Anniversary Event: Highlights

The PSI after 10 years: Amplifying sustainable insurance in the UN’s Decade of Action convened senior representatives from the insurance industry, corporations from different sectors, insurance regulatory and supervisory authorities, the UN, civil society organisations and other key stakeholders for three days of engaging discussions focused on amplifying sustainable insurance in the UN’s Decade of…

7 July 2022

Investor Agenda releases new guidance for Investor Climate Action Plans 

July 7, 2022 – Today, the Founding Partners of The Investor Agenda released new guidance to enable investors around the world to step up action to tackle the climate crisis and accelerate the transition to a net-zero economy.  The latest guidance is an accompanying document to the existing Investor Climate Action Plans (ICAPs) Expectations Ladder.…

5 July 2022

One small step for finance, one giant leap for nature

Exploring nature-based climate solutions for a net zero future, and how UNEP FI is connecting across the industry to support banks, insurers and investors on their journey. As large swathes of the global financial system continue to mobilise around net-zero emissions there is one element of the climate conversation which is under-explored and bursting with…

29 June 2022

UN responds to the ISSB consultation on new standards with joint statement

The standards being developed by the ISSB provide a unique opportunity. They can support global convergence of sustainability-related disclosure, create a common reporting baseline, and help mainstream sustainability-related issues into regular business strategy and management. Despite this opportunity, there is a risk that these key benefits will not be delivered. In particular: (i) a narrow…

29 June 2022

New Principles for Responsible Banking Academy to mainstream sustainability training

UNEP FI, the Chartered Banker Institute, and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH are today announcing the establishment of the Principles for Responsible Banking Academy (PRB Academy). This unique global academy will support the implementation of the UN Principles for Responsible Banking (PRB) and provide mainstream training on responsible banking to the entire…

29 June 2022

A typology of risks to increase investment in indigenous and community-led landscapes

By Dr Frank Hawkins, IUCN and Steering Committee Member for the Coalition for Private Investment in Conservation (CPIC), and Jessica Smith, Nature Lead at UNEP FI Get involved: answer our questionnaire by September 6th to help us build a common framework for identifying, assessing and managing risks in private financial investments in community-led conservation in…

28 June 2022

TNFD releases second iteration beta framework including initial guidance on metrics 

The TNFD expands its beta framework for nature risk management and disclosure, including the Taskforce’s approach to metrics and specific sector guidance, and additional guidance to support pilot testing. The Taskforce on Nature-related Financial Disclosures (TNFD) today released version 0.2 of its beta framework for nature-related risk and opportunity management and disclosure. This release builds…

28 June 2022

UNEP FI joins international coalition to develop guidance on blue bonds

Five top international organisations jointly launch global guidance for bonds to finance the sustainable blue economy—a commitment to provide the global market with consistency and transparency. On the sidelines of the UN Ocean Conference in Lisbon, UNEP FI, together with four of the top international organizations today announced their commitment to develop guidelines that would…

22 June 2022

Carbon pricing policy instruments need a radical redesign and competent implementation

22 June 2022, Geneva: Ahead of the G7 Leaders’ Summit in Berlin (26-28 June), a new position paper by the UN-convened Net-Zero Asset Owner Alliance argues that carbon pricing must be supported by a mix of policy instruments including international coalitions to provide predictable price signals to businesses and ensure a just and equitable transition…

10 June 2022

Towards a common language: the urgent need to build a common framework of sustainable finance taxonomies in Latin America and the Caribbean.

Seven organizations from Latin America and the Caribbean (LAC) join forces to develop a common framework for sustainable finance taxonomies for the region. The common framework seeks to guide, increase and make transparent the alignment of investments that support the transition to a low-carbon and climate-resilient economy. The main objective is to give a strong signal to the financial market on where to direct its investments.

8 June 2022

Net-Zero Asset Owner Alliance welcomes proposed US SEC climate disclosure rules

The UN-convened Net-Zero Asset Owner Alliance , a group of 73 leading pension funds and insurance companies with $10.6 trillion in assets under management, supports and strongly welcomes the proposed climate disclosure rules by the US Securities and Exchange Commission. Günther Thallinger, Chair of the Alliance, says: “On behalf of Allianz and the UN-convened Net-Zero…

26 May 2022

New guidance now available for investors and financial institutions looking to manage their sustainability impacts

UNEP FI is a Partner of the Impact Management Platform, a collaboration to mainstream the practice of impact management. Together with these leading providers of public good standards and guidance for managing sustainability impacts, the Partners have released guidance that caters to investors and financial institutions. This is in addition to the existing guidance for…

17 May 2022

One year on, momentum around Investor Climate Action Plans is growing

 By The Rev. Kirsten Spalding (Ceres) Chair and Rahnuma Chowdhury (UNEP FI) Manager for the Investor Agenda ICAPs Working Group The latest warnings from the world’s leading scientists urge us to take swift action if we have any chance to prevent the worst effects of the climate crisis. Notably, the Intergovernmental Panel on Climate Change…

5 May 2022

Dates for the UNEP FI Global Roundtable 2022 announced

UNEP FI’s 17th Global Roundtable (GRT), a major global agenda-setting event on sustainable finance, will take place virtually on 10-14 October 2022. Held under the theme of “Transforming Finance, Accelerating Change”, this online event will bring together decision-makers, experts and thought leaders on a virtual event platform to help shape approaches to integrating sustainability across…