The world’s first global framework to finance a sustainable ocean economy was launched at the Our Ocean conference today. The Sustainable Blue Economy Finance Principles were developed by the European Commission, WWF, World Resources Institute (WRI), and the European Investment Bank (EIB). Started as a commitment by a dozen financial institutions and key stakeholders just […]
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 […]
Principles for Responsible Investment (PRI), UN Environment Finance Initiative (UNEP FI), the Business Finance Center (CFE) and the Center for Business Sustainability (CBS) of the Adolfo Ibáñez University will co-organize a seminar on Responsible Investment in Santiago de Chile on November 5th, 2018
The first in-person exchange, including banks from all over Latin America held in Sao Paulo on 1 and 2 October proved to be a great success. The two days gave visiting and host banks an opportunity to share and gain knowledge on different topics related to sustainable banking. The participants included hosts FEBRABAN, Santander Brasil, […]
On October 4 2018, the Minister of the Environment, Carole Dieschbourg, the Minister of Finance, Pierre Gramegna and UNEP FI Head, Eric Usher presented the new “Luxembourg Sustainable Finance Roadmap” and its recommendations. These touch on many facets of the financial market, such as the development of financial products for sustainable finance, the development of […]
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 […]
Kofi Annan, Nobel Peace Prize Winner and former Secretary-General of the UN, who died this month was a visionary who, among his many achievements, made a significant contribution to the development of modern corporate and financial sustainability. He recognized the value of the UN working more closely with the private sector, arguing that “the goals of the […]
This one-day conference brings together the investment, risk, actuarial and underwriting teams to discuss and learn what roles they can play in response to the multidimensional effect of climate risk to their businesses as well as the opportunities it may bring. UNEP FI’s Butch Bacani, Programme Leader of the Principles for Sustainable Insurance, will deliver a keynote presentation on climate change action and sustainable development in the context of the insurance industry, financial regulation and global policy frameworks. Discount available for UNEP FI members.
New York, 18 July 2018 – The event “SDG Country Plans: A Roadmap to Private Investment”, organized by the United Nations Environment Programme Finance Initiative (UNEP FI), the United Nations Global Compact, the Principles for Responsible Investment (PRI), the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) and the Permanent Missions of […]
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.
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 […]
Responsible investing is widely understood as the integration of environmental, social and governance (ESG) factors into investment processes and decision-making. ESG factors cover a wide spectrum of issues that traditionally are not part of financial analysis, yet may have financial relevance. This might include how corporations respond to climate change, how good they are with […]
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.
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 […]
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’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 […]
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 […]
After a year-long global consultation involving insurance industry leaders, mayors and other local government leaders, and key stakeholders, the Insurance Industry Development Goals for Cities were launched in Montréal on 22 June at the ICLEI World Congress 2018. The goals set the global agenda for the industry and cities in the context of economic, social and environmental sustainability—or sustainable development.