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Pioneering Islamic Finance and Principles for Responsible Banking Report Launched by the Islamic Finance Council UK (UKIFC), in partnership with Malaysia based International Shari’ah Research Academy for Islamic Finance (ISRA) and the Global Ethical Finance Initiative (GEFI). The report provides an analysis of responsible banking in the Islamic finance sector, assessing the level of engagement with the Principles for Responsible Banking (PRB) amongst banks in Organisation of Islamic Cooperation (OIC) member states and analysing the approaches used by 9 Islamic finance signatories.

The financial sector is finally picking up the pace in its response to the climate emergency. Central banks are taking steps to better assess climate-related risks, and asset managers responsible for over a third of the world’s assets, including giants like Vanguard and BlackRock, committed to set a net zero path.

Geneva, Wednesday 21 April. Today, on the eve of President Biden’s Head of State Climate Summit, Mark Carney (the UK…

Composed of 12 leading organisations, the the Civil Society Advisory Body of the Principles for Responsible Banking is a unique, first-of-its-kind forum for constructive and meaningful engagement between wider civil society and the collective banking industry.

Geneva, 17 February 2021 – Transition risk poses a significant near-term threat to the economy. This is one of the…

UNEP FI and the European Banking Federation (EBF) have launched a unique report assessing the extent to which the EU…

The 2021 edition of the Young Banker of the Year Competition, the most prestigious annual event for leading young bankers, was launched today by the Chartered Banker Institute, and is supported by United Nations Environment Programme Finance Initiative (UNEP FI). This year, for the first time in its 30 plus years history, the competition will be truly global, with the Chartered Banker Institute inviting nominations from its 30,000 members, and more widely across the globe from individuals and international banking institutions (including building societies, credit unions and fintechs).

Today, UNEP FI published a summary of the first reporting from the 38 banks who are signatories to the Collective Commitment to Climate Action (CCCA), the most ambitious global banking sector initiative supporting the transition to a net zero economy by 2050.

200 banks across 58 countries and 6 continents have now signed UNEP FI’s Principles for Responsible Banking, thereby committing to align their strategy and practice with the goals of the Paris Agreement on Climate Change and the Sustainable Development Goals.

For financial institutions in Mongolia: we are holding a webinar that will introduce the Principles for Responsible Banking and forward-looking climate assessment in line with the recommendations for the Task Force on Climate-related Financial Disclosures. With English-Mongolian translation.