Partnership between United Nations Environment and the global financial sector to promote sustainable finance
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) […]
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 […]
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 […]
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 […]
26 November 2018
Today at its Global Roundtable in Paris, UN Environment Finance Initiative (UNEP FI) and 28 banks from around the world are launching the Principles for Responsible Banking for global public consultation. Together the banks represent over USD 17 trillion in combined assets, and CEOs from 12 of the banks will attend the launch.
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.
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 […]
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.
17 July 2018
Sixteen leading banks convened by the UN Environment Finance Initiative (UNEP FI) and supported by climate risk advisory firm Acclimatise, have released new methodologies that aim to help the banking industry to understand and manage the physical risks and opportunities of climate change in their loan portfolios.
29 May 2018
The Portfolio Carbon Initiative – a collaboration between World Resources Institute (WRI), UNEP Finance Initiative and 2 Degrees Investing Initiative – have published Exploring Metrics to Measure the Climate Progress of Banks to provide insight into which metrics banks can use to report on the extent to which their activities help or hinder the transition […]
29 May 2018
Go to the main Principles for Responsible Banking page for more information and to find out how you and your organisation can get involved. Update as of 30 September: 28 banks are now collaborating to develop the Principles for Responsible Banking. 29 May, 2018 Twenty-six leading banks from 5 continents representing USD 16 trillion in […]
27 April 2018
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。
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 […]
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 […]
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 […]
14 February 2018
Jan 2018 | San Salvador, El Salvador
We are pleased to announce the joining of two new banks to the Initiative.
Banco Hipotecario and Banco de Fomento Agropecuaria held events during January of this year to mark their commitment to sustainable finance.
27 November 2017
27 November, 2017 UNEP FI is very pleased to welcome CIS Kenya, a leading credit-focused association, as a supporting institution. Chief Executive Officer Jared Getenga said, “There is no question on who should join the Sustainable Finance Initiative, we should look at it as a matter of when. All businesses have to calculate risks, […]
10 November 2017
Former Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC), Christiana Figueres, laid down a challenge to the banking industry during UNEP FI’s recent Europe Roundtable when she joined as a surprise guest via live video conference. Christiana, who was one of the architects of the Paris Agreement reached at COP21 in […]
26 September 2017
26 September 2017 We are pleased to announce that UNEP FI member, BBVA Group, is the latest to join UNEP FI’s first-mover project to implement the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) along with thirteen other leading banks. In collaboration with the pilot project group, they will jointly pioneer practical approaches […]
7 September 2017
September 2017 What does a sustainable bank look like and what role can each department play to further integrate sustainability across a bank? The UN Environment Finance Initiative’s (UNEP FI) Guide to Banking and Sustainability – Edition 2 is a functional overview of what a sustainable bank looks like and is designed […]