UNEP FI and Oliver Wyman launch “Transition Check”, a web-tool that takes a scenario-based approach for assessing transition risk

24 September 2020

As businesses consider the impacts of climate change on their long-term sustainability, it has remained difficult to measure such risks – until now. Introducing Transition Check, a web-tool that takes a scenario-based approach for assessing transition risk and the potential impact of climate change on corporate lending portfolios within an overall framework consistent with the […]

One year on: Coalition of signatory banks, civil society shares progress implementing the UN Principles for Responsible Banking

21 September 2020

  Exactly one year ago, on 22 September 2019, more than 130 banks in the presence of the UN Secretary General signed the first-ever global sustainability framework for the banking industry: the UN Principles for Responsible Banking. Signatories commit to align their business strategy and practice with the Sustainable Development Goals and the goals of […]

UNEP FI launches “Charting a New Climate”, a report on physical climate risks and opportunities from Phase II of its TCFD Banking Programme

8 September 2020

8 September 2020 – UN Environment Programme Finance Initiative (UNEP FI) has released a report on physical climate risks and opportunities from Phase II of its Task Force for Climate-related Financial Disclosures (TCFD) Banking Programme with climate risk advisory and analytics firm, Acclimatise. The report, “Charting a New Climate”, provides a state-of-the-art blueprint to support […]

BLOG: After the Pandemic, what are the Opportunities and Challenges for the Circular Economy?

3 June 2020

There is growing momentum to ensure the recovery from the global pandemic shifts the economy to a more sustainable model and enables the transition to a circular economy post-2020. In their blog, Jan Raes, a circular economy finance expert who drafted our study Demystifying Circular Economy Finance, supported by Aliyorbek Muminov in UNEP FI’s Secretariat, […]

UNEP FI launches new holistic impact analysis tools for the finance sector

2 April 2020

2 April 2020 – UN Environment Programme Finance Initiative’s (UNEP FI) Positive Impact Initiative (PII) has launched two new tools for corporates, banks and investors to work together and step up their capacity to deliver on the Sustainable Development Goals (SDGs). With millions of people affected in their daily lives across the globe by the […]

Principles for Responsible Banking update: More than 170 banks worldwide now committed to aligning their business strategies with society’s goals

24 March 2020

A total of 171 banks from around the world have now signed UNEP FI’s Principles for Responsible Banking: each one making a commitment to far-reaching change as they realign their businesses with the goals of the Paris Agreement on Climate Change and the Sustainable Development Goals. This is a significant increase from the 130 founding […]

33 banks announce a collective commitment to climate action

23 September 2019

33 banks commit to immediate action towards aligning with global climate goals 23 September/New York To coincide with the UN Secretary-General’s Climate Action Summit, one day after the launch of the UN Principles for Responsible Banking , 33 of their Signatories with over $13 trillion in assets have today announced a Collective Commitment to Climate […]

130 banks holding USD 47 trillion in assets commit to climate action and sustainability

22 September 2019

New York, 22 September 2019 – In a massive boost for climate action and sustainability, leading banks and the United Nations today launched the Principles for Responsible Banking, with 130 banks collectively holding USD 47 trillion in assets, or one third of the global banking sector, signed up. In the Principles, launched one day ahead of […]

‘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 […]

22 September: Principles for Responsible Banking Signing Ceremony

18 April 2019

CEOs invited to signing event being held at UN Headquarters parallel to high-level UN General Assembly Leading banks around the globe that are members of UNEP FI have set 22 September as the official launch date of the industry-developed UNEP FI Principles for Responsible Banking. The Principles provide the framework for a sustainable banking system […]

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) […]