European Commission’s Technical Expert Group on Sustainable Finance launches reports, including on an EU Taxonomy, to help drive the transition towards a sustainable economy

18 June 2019

On 18 June 2019, the European Commission’s EU Technical Expert Group on Sustainable Finance (TEG) launched reports on an EU Taxonomy, a voluntary EU Green Bond Standard and voluntary low-carbon benchmarks. The TEG’s reports will help shape future regulations, some of which are still under negotiation. EU Taxonomy EU Green Bond Standard Climate Benchmarks and […]

Senior financiers, investors and policy-makers agree methods to boost energy efficiency investment at official G20 side event

12 June 2019

Tokyo, Japan, 12 June 2019 – At the G20 Global Summit on Financing Energy Efficiency, Innovation and Clean Technology, the CEOs of major pension funds, insurance companies, and senior financiers joined G20 policy-makers in assessing how to close the world´s energy efficiency investment gap. The summit is an official side-event to the 2019 Japanese Presidency of […]

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 […]

EU policy makers achieve political agreement on investor disclosures and ESG

7 March 2019

The EU has taken an important step forward on advancing sustainable finance. On Thursday 7 March 2019, the EU Parliament and Council achieved political agreement on requiring ESG integration by financial market participants. Clarifying the fiduciary duties of investors has been a priority for UNEP FI for many years. These rules are an essential part […]

Join the group of investors developing a legal framework for sustainability impact in investor decision-making

21 February 2019

A legal framework for the consideration of sustainability impact in investor decision-making Within the next decade, assessing and accounting for the sustainability impact of investment decision-making needs to be a core part of investment activity. In other words, consideration of how the investment decision affects sustainability issues, not just how sustainability issues affect the investment […]

Call for feedback from investors on new IOPS guidelines on ESG integration in pension funds

12 February 2019

The International Organisation of Pension Supervisors (IOPS) has opened a public consultation on Supervisory Guidelines on the integration of ESG factors in the investment and risk management of pension funds. The consultation is open for feedback until 11 March 2019. IOPS is an independent international standard-setting body representing those involved in the supervision of private pension arrangements. […]

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 […]

At COP24: Group of 415 investors call on world leaders to address climate change

10 December 2018

Global investors today called on governments around the world to step up action to address climate change. 415 investors, with $32 trillion in assets-under-management, are behind the call-to-action as signatories of the 2018 Global Investor Statement to Governments on Climate Change.   The ‘Global Investor Statement’ reaches global leaders as the United Nation’s COP24 global […]

At UNEP FI’s GRT 2018 Day 2: Euronext opens markets in Paris with a call for urgent action for sustainable finance

27 November 2018

Euronext Bell Ringing Euronext opened financial markets in Paris on 27 November 2018 at Palais Brongniart in support of the Climate Finance Week in Paris dedicated to delivering a sustainable financial system with the UNEP FI Global Roundtable and the 4th Climate Finance Day. The event included participation from Eric Forest, Head of Listing France for Euronext, Philippe […]

France Roadmap Aims to Strengthen French Leadership in Responsible Investment

26 November 2018

Fiduciary duty in the 21st Century: Launch of the France Roadmap 26 November 2018 The France Roadmap – the latest in a series of market analyses from the Fiduciary Duty in the 21st Century programme – was launched today at UNEP FI’s 2018 Global Roundtable in Paris, France. The roadmap, which sets out recommendations for […]

Securities regulators promoting sustainable finance, new UN report

24 October 2018

The latest report from the United Nations Sustainable Stock Exchanges (SSE) initiative outlines an action plan for regulators wishing to support the Sustainable Development Goals. With 35 examples from 19 markets, the report provides a snapshot of what is happening around the world today. The regulators report was released during the SSE Global Dialogue, which was held during UNCTAD’s […]

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 Appointed Observer to European Commission Technical Expert Group

23 July 2018

As part of implementing its first legislative package on sustainable finance, the European Commission has recently announced a Technical Expert Group (TEG) on Sustainable Finance and has appointed UNEP FI as an observer to the Group. The main tasks of the TEG will be to assist the Commission in the development of: an EU taxonomy […]

Brazilian monetary authority approves new ESG requirements in the investment rules of occupational pension funds

10 July 2018

On May 25th 2018, the Brazilian National Monetary Council (CMN) published Resolution CMN 4.661/2018, which revised the norm that governs occupational pension funds’ investments. The new norm requires pension funds’ asset managers to consider environment, social and governance (ESG) risks as part of their investment decision making process. This regulatory improvement was one of the […]

Launch of the France Roadmap for Sustainable Finance / Lancement de la Feuille de Route Française de la Finance Durable

4 July 2018

4 July 2018 (French below) The Fiduciary Duty in the 21st Century programme – launched in 2016 by the Principles for Responsible Investment (PRI), the United Nations Environment Programme Finance Initiative (UNEP FI) and the Generation Foundation – will collaborate with Finance for Tomorrow to publish a “roadmap for sustainable finance in France”. The Fiduciary […]

Ireland is the 10th Country in the World to Publish Recommendations for Responsible Investing

29 June 2018

‘Ireland’s Fiduciary Duty Roadmap’ report provides clear recommendations on policy and market changes required to achieve full ESG integration into core areas of investment practices. These guidelines were published in advance of new EU Directive for pension funds. In June 2018, United Nations Environment Programme Finance Initiative (UNEP FI), the Principles for Responsible Investment (PRI), and […]

Time to retire unsustainable pensions -By Erik Solheim, Head of UN Environment

27 June 2018

Pensions, by their very nature, have to be sustainable. After all, they’re supposed to provide a measure of long-term certainty in an uncertain world. Much of the world’s working population counts on this basic premise as they seek to build a nest egg for later life. Rather than stash their cash under the mattress, they […]