Banking

‘Principles for Responsible Banking’ and their supporting framework released following six-month consultative process — Endorsed by more than 100+ financial institutions ahead of their 22 September global launch

25 July 2019

25 July 2019, Geneva – Following a six-month public consultative process, the United Nations Environment Programme Finance Initiative (UNEP FI) has this week released the final official versions of the UNEP FI Principles for Responsible Banking and their supporting framework documents. The Principles have been developed by a core group of 30 Founding Banks through […]

Banks worldwide lining up to endorse ‘Principles for Responsible Banking’ ahead of 22 September launch at United Nations General Assembly

22 May 2019

22 May 2019, Geneva – The number of banks worldwide endorsing the highly anticipated Principles for Responsible Banking has now jumped to 56, including a spearheading group of 28 ‘Founding Banks’ and a growing list of currently 27 more ‘Endorsing Banks’ representing all five continents. The Principles for Responsible Banking are set to launch on […]

Changing Course: UNEP FI and twenty institutional investors launch new guidance to implement TCFD Recommendations

10 May 2019

Twenty institutional investors from eleven countries convened by the UN Environment Finance Initiative (UNEP FI) today launched comprehensive investor guidance to help assess how climate change and climate action could impact investor portfolios around the world. These assessments enable investors to be more transparent about their climate-related risks and opportunities in line with the recommendations […]

Counting the cost: ENCORE helps banks assess exposure to environmental degradation

19 February 2019

When Madeleine Ronquest attended the Johannesburg launch of an innovative guide designed to help banks assess their exposure to environmental degradation, a quick look around the room proved it was no longer business as usual in the financial sector. “When I started out there weren’t any environmental or sustainability people in the banks, and (at the launch) […]

Principles for Responsible Banking on track to become industry standard as over 65 organisations now endorse

19 February 2019

Today 12 more banks are endorsing the UNEP Finance Initiative’s Principles for Responsible Banking, bringing the total number of banks supporting the new framework to 49. Sumitomo Mitsui Financial Group, Itaú Unibanco, CaixaBank, Wema Bank, Banco Galicia, BCC Grupo Cooperativo Cajamar, Banco De Fomento Agropecuario, Sumitomo Mitsui Trust Holdings, Spare Bank, Arion Bank, ALEXBANK, and […]

17 Institutions Become the First Endorsers of the Principles for Responsible Banking Joining the 28 Founding Banks

18 December 2018

Standard Chartered PLC, KBC Group, KB Financial Group, DGB Financial Group, Natixis, GLS Bank, Landsbankinn, Zenith Bank and Keystone Bank among first Endorsers of the Principles for Responsible Banking Standard Chartered PLC, KBC Group, KB Financial Group, DGB Financial Group, Natixis, GLS Bank, Landsbankinn hf., Zenith Bank and Keystone Bank become the first banks beyond […]

Climate Success at COP24: after intense negotiations new rulebook breathes life into Paris Agreement but much more decarbonisation ambition needed

18 December 2018

  On Saturday, following two weeks marked by dramatic rhetoric and intense negotiations over legal language, close to 200 Governments bridged a deep global divide and agreed on the set of rules meant to steer countries worldwide in implementing the historic 2015 Paris Agreement on climate change. UNEP FI’s Climate Lead, Remco Fischer gives more […]

UNEP FI working with 16 global insurers to better understand risk & implement TCFD recommendations

13 November 2018

UN Environment’s Finance Initiative (UNEP FI) announced today a partnership with 16 of the world’s largest insurers—representing around 10% of world premium and USD 5 trillion in assets under management—to develop a new generation of risk assessment tools designed to enable the insurance industry to better understand the impacts of climate change on their business. This understanding is vital for an industry whose core business is to manage risk.

UNEP FI’s Expanding Network in Latin America & the Caribbean

3 September 2018

Our network keeps expanding, as three banks and one supporting institution join UNEP FI (English) During the month of August, we welcomed three banks and one supporting institution as new members of UNEP FI in Latin America and the Caribbean. BNF (Banco Nacional de Fomento), BANESCO, Multibank and the institution CECODES (Consejo Empresarial Colombia para […]

Finance sector commits to working together to develop Sustainable Finance Roadmaps for Australia & New Zealand

24 July 2018

Finance sector commits to working together to develop Sustainable Finance Roadmaps for Australia & New Zealand Finance sector organisations – including banking, insurance and investment industries, representing over 300 institutions with $10 trillion in assets – have today released a joint statement in support of a sustainable financial system for Australia and New Zealand.

UNEP FI グローバルの16 署名銀行がTCFDに関する銀行業界向けのガイドを公表

27 April 2018

ジュネーブ（2018年4月24日）| 国連環境金融イニシアティブ（UNEP FI）の署名機関である16の大手銀行は、気候変動と気候に関する行動がビジネスにどのような影響を与えるかについて銀行の理解を深めるために、共同で開発した手法を発表しました。

この取り組みは、銀行がTCFDに沿って気候関連のリスクと機会へのエクスポージャーをより透明なものにするための基本的なものです。また、銀行が低炭素経済への移行に貢献し、かつ、その恩恵を享受するために自らの戦略に生かし、さらには、同じ目的のために顧客への働きかけを行い、支援することにもつながります。そもそも、銀行が直面する気候関連のリスクと機会とは、顧客に対するサービスから生じるものであるため、そうした顧客への働きかけや支援ということが非常に重要になります。

Extending our Horizons: Assessing Credit Risk and Opportunity in a Changing Climate

Outputs of a working group of 16 banks piloting the TCFD Recommendations Part I: Transition-related risks and opportunities This report is the result of a collaboration between sixteen of the world’s leading banks with UN Environment Finance Initiative (UNEP FI), and management consultancies Oliver Wyman and Mercer to pilot scenario-based assessments of transition-related risks and […]

16 UNEP FI member banks launch first guidance to help banking industry adopt TCFD Recommendations

26 April 2018

  Geneva, 24 April, 2018 | Sixteen leading banks from four continents, convened by the UN Environment Finance Initiative (UNEP FI), today published a jointly developed methodology to increase banks’ understanding of how climate change and climate action could impact their business. This understanding is fundamental to enable banks to be more transparent about their exposure […]

Green Finance Study to take place in Ghana

5 April 2018

In line with one of the proposed Ghana Banking principles of promoting customers to integrate Environmental Social Governance (ESG) in their business, UNEP FI through colleagues at the Partnership for Action on Green Economy (PAGE) is undertaking a study to assess the level of integration of sustainability in the business sector’s operations, value chains and […]